NEWS RELEASE
Novation Awards Multisource Agreement to IBSA, Mobile Aspects and Stanley InnerSpace for Passive RFID Inventory Management Systems
IRVING, TX; January 13, 2010 – Novation, the supply contracting company of VHA Inc, University HealthSystem Consortium (UHC) and Provista, announced that it has awarded a multisource agreement to International Business Solutions Alliance (Dayton, OH), Mobile Aspects (Pittsburgh, PA), and Stanley InnerSpace (Grand Rapids, MI) for the emerging technology of Passive RFID Inventory Management Systems.
The RFID Inventory Management Systems provides potential cost reductions through enhanced control of inventory reducing expired inventory, reduced PAR levels and reduced staff time. The systems automatically collect information on the products being utilized. Many hospitals currently using these types of system are reporting significant reductions in supply costs and an ROI in less than twelve months. In awarding RFID Inventory Management System, Novation continues to add tools to support its member hospitals better manage their supply chain costs.
The agreement is effective through October 31, 2012. Two one-year extension options are available.
The products include:
- Passive RFID Inventory Cabinets
- Inventory Management Software
- RFID Tag Programmers and Tags
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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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