NEWS RELEASE
Novation Names Jody Hatcher President and CEO
IRVING, TX; December 15, 2008 — Novation, the health care contracting services company of VHA Inc., the University HealthSystem Consortium (UHC) and Provista LLC,, has named Jody Hatcher president and chief executive officer (CEO)Hatcher has served as Novation’s interim president since Oct. 16, 2008.
Prior to assuming this new role, Hatcher was senior vice president at Novation, responsible for strategic sourcing, research, strategic planning, comparative analysis, custom services, business development, alliance linkages, information technology, operational improvement and marketing. Hatcher, who has nearly 20 years’ experience working on behalf of VHA and UHC members, has been a visible figure within the health care industry, highlighting the important value that group purchasing organizations (GPO) provide hospitals.
“Over the years, Jody has enabled Novation to step out as the industry leader. He was instrumental in the development of the NOVAPLUS private label brand, which has consistently delivered savings up to 14 percent to members of VHA,” said VHA president and CEO Curt Nonomaque. “In addition, Jody’s engaging style keeps him attuned to the needs and perspectives of hospitals and suppliers alike.”
Irene Thompson, president and CEO of UHC, said, “Academic medical centers pose unique challenges regarding capital and technology needs, and with Jody’s leadership, Novation consistently delivers supply chain solutions that provide service and flexibility for UHC members.”
Managing more than $33 billion in contracted purchases in 2007, Novation is frequently listed as the top health care GPO in industry rankings.
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About Novation
Founded in 1998, Novation is the leading health care supply contracting company for more than 25,000 members of VHA Inc. and the University HealthSystem Consortium (UHC), two national health care alliances, and 5,500 members of Provista, LLC, representing 28,000 sites. Novation provides alliance members contract and price management and spend management services. Based in Irving, Texas, Novation develops and manages competitive contracts with more than 600 suppliers. VHA, UHC and Provista members used Novation contracts to purchased nearly $37.8 billion in 2009.
Media Contact
Kathryn Goldstein
Director, Public Relations
Novation
(972) 581-5529
kgoldste@novationco.com
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