NEWS RELEASE
Novation’s New Cardiovascular Portfolio Offers Alliance Member Hospitals $267 Million in Total Savings
Novation’s Cardiovascular Portfolio Is the Largest in the Industry
IRVING, TX; September 27, 2007 — Novation, the health care contracting services company of VHA Inc., and the University HealthSystem Consortium (UHC), two national health care alliances, has awarded 33 multi-source agreements for a broad range of cardiovascular products to its new cardiovascular portfolio, which could provide up to $267 million in total savings for alliance member hospitals.
“Novation offers the largest and most comprehensive cardiovascular portfolio in the industry,” said Dan Sweeney, senior vice president, contract and program services at Novation. “We work continuously to provide our hospital alliance members with the best prices on the latest technologies available.”
Thirty-three agreements were awarded to 13 companies and the agreements take effect Oct. 1, 2007 and run through Sept. 30, 2010. Product categories include electrophysiology, percutaneous coronary intervention, coronary diagnostic, vascular closure devices, peripheral interventional, peripheral diagnostic, thrombus management, neuro interventional and cardiac rhythm management.
The new agreements include the following companies and products:
Product Category |
Supplier(s) |
Electrophysiology |
Diagnostic Catheters
Ablation Catheters
Mapping Catheter |
Bard EP
Boston Scientific |
Percutaneous Coronary Intervention |
Stents
PTCA Balloon Catheters
Cutting Balloon Catheters
Interventional Guide Wires & Catheters |
Abbott Vascular
Boston Scientific
Medtronic |
Coronary Diagnostic |
Coronary Angiographic Catheters and Wires
Sheaths/Introducers
Biopsy Forceps
Cath Lab Accessories |
Abbott Vascular
Boston Scientific
Medtronic
Merit Medical
Terumo |
Vascular Closure Devices |
Vessel Closure Devices – Collagen
Vessel Closure Devices – Other
Hemostatic Patches |
Abbott Vascular
Cardiva Medical
Marine Polymer Technologies
TZ Medical |
Peripheral Interventional |
Peripheral Stents
Carotid Stents
PTA Balloon Catheters
IR Cutting Balloons |
Boston Scientific
ev3
Medtronic |
Interventional Guide |
Abbott Vascular
Bard Peripheral
Cook Medical |
Peripheral Diagnostic |
Peripheral Angiographic Catheters
Diagnostic Wires
Sheaths/Introducers |
Boston Scientific
Cook Medical
Merit Medical
Terumo |
Thrombus Management |
Vena Cava Filters
Distal Protection Filters
Drainage Catheters
Infusion Catheters |
Bard Peripheral
Boston Scientific
Cook Medical
ev3
Merit Medical |
Neuro Interventional |
Neuro Coils
Microcatheters
Neuro Interventional Wires |
Boston Scientific
ev3 |
Cardiac Rhythm Management |
Pacemakers
Cardiac Resynchronization
Therapy Pacemakers (CRT-P)
Automated Implantable
Cardiac Defibrillatorss (AICD)
Cardiac Resynchronization
Therapy Defibrillators (CRT-Ds)
Leads Accessories |
Boston Scientific (Guidant)
Medtronic |
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About Novation
Founded in 1998, Irving, Texas-based, Novation is the leading health care contracting services company, delivering unmatched savings and value to nearly 2,500 members of VHA Inc. and the University HealthSystem Consortium (UHC), two national health care alliances and nearly 12,000 members of Provista, LLC. Through its competitive contracting process, Novation develops and manages contracts with more than 500 suppliers. Novation offers the most extensive range of advanced contracting services, including: contract development, contract and supplier management, custom contracting, enhanced savings programs, online contract management and analytical tools, order management and online supplier connectivity. VHA, UHC and Provista members used Novation contracts to purchase more than $33.1 billion in 2007.
Media Contact
Kathryn Goldstein
Director, Public Relations
Novation
(972) 581-5529
kgoldste@novationco.com
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