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  Kathryn Goldstein
Director, Public Relations
(972) 581-5529
kgoldste@novationco.com

 

NEWS RELEASE

Novation Launches National Group Buys for Imaging and Lab Equipment, Mattresses and Ventilators

More than $47.6 Million Saved in 2007

IRVING, TX; June 13, 2008 — Novation, the leading health care contracting services company of VHA Inc., University HealthSystem Consortium (UHC) and Provista, LLC, has launched its period 3 group buys of 2008 effective July 1 – Sept. 30. In 2007, members realized overall savings of more than $47.6 million.

The group buys includes the following categories and suppliers:

Category Supplier
Chemistry, Immunochemistry and Automation Equipment Siemens Healthcare Diagnostics
CT and MR Injection Systems Medrad
CT Scanners Siemens Medical Solutions*
MRI Systems Siemens Medical Solutions*
Non-Powered Dynamic Air Mattresses Encompass Group*
KCI*
Ventilator Systems Covidien / Puritan-Bennett**

* Early access begins June 1, 2008
** Early access began May 1, 2008

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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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