NEWS RELEASE
Novation Introduces Orthopedic Watch Report
Report Features Comprehensive Information about Latest in Spine Technology
IRVING, TX; February 23, 2010 – Each year, hospitals spend more than $6 billion on orthopedic equipment and supplies. In 2009 alone, spine sales grew by more than 11.1 percent. To help hospitals make more informed and smarter purchasing decisions, Novation, the leading health care contracting supply company of VHA Inc., University HealthSystem Consortium (UHC) and Provista LLC, created Orthopedic Watch. This report showcases information about product and practice trends for orthopedic subspecialties featured at the 2009 North American Spine Society (NASS) Annual Meeting in San Francisco, including a review of the technology pipeline and newest innovations.
As many hospitals are cutting travel budgets and, consequently, staff conference attendance, Novation’s newest report will help health care providers who were unable to attend the meeting stay informed on the latest news and trends.
“This industry is rapidly evolving and member access to market research is financially constricted, yet it is imperative that members understand the dynamics that will affect their financial and patient viability,” said Scott Crandall, senior director contract services at Novation. “Novation is committed to being the source of this information for members with market and technology expertise.”
The report includes information collected by Novation staff through supplier meetings, such as new technology reviews, and studies in development. In addition, the content was peer-reviewed by Novation’s Imaging Council, which is comprised of medical doctors, clinicians and engineers.
Featured in this report are a spine market overview, new technology summaries, technology detail, economic impact, and course summaries.
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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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