IRVING, Texas
Novation, the leading health care supply chain expertise, analytics and contracting company, announced the availability of new National Group Buys for the second quarter that enable health care organizations to save up to 82 percent on capital equipment purchases.
Novation, which serves the more than 100,000 members and affiliates of VHA Inc., UHC, Children’s Hospital Association, and Provista, LLC, has helped hospitals save over $720 million on more than 45 major categories of equipment through its Group Buys program, which offers significant savings on key products and services on quarterly basis. In addition, since its inception in 2005, more than 3,500 organizations have purchased $3.3 billion of capital products through the program.
The current Group Buy agreements, effective through June 30, 2014, offer savings to members on a wide variety of products across 29 different categories including blood gas and reagents, C-Arms, chemistry/immunochemistry, coagulation, cold storage, cribs, CT scanners, CV suites, exam room equipment, furniture, hematology, general radiography, hemodynamic and electrophysiology monitors, lasers, mammography, meal delivery systems, micro ID sensitivity, MRI, MRI peripherals, nuclear medicine, O.R. lights and accessories, O.R. tables and accessories, patient beds, patient monitors, PET/CT, radiology fluoroscopy equipment, televisions, ventilators and ultrasound.
In addition, agreements for products were awarded to several suppliers including Philips Healthcare, Cardinal Healthcare, Dinex, Herman Miller, Invivo, Linet America, Lumenis, MDM Commercial Enterprises, Midmark Corp., NK Medical, Siemens Healthcare Diagnostics, and Skytron.
“Our suppliers consistently bring additional value to the broad range of members we serve. This quarter is no exception,” said Mike Clemens, Vice President, Sourcing Operations, Capital, Construction and Imaging, Novation. “For example, we are now offering group buys on highly distributed capital. For the first time in the program, this quarter features an offer from Midmark, enabling members to receive a cash rebate after purchase on barrier-free exam tables.”
About Quarterly Group Buys
The National Group Buys program aggregates member purchasing volume on a quarterly basis to maximize savings opportunities. The promotions typically provide members with double-digit cost saving opportunities on a wide range of product categories. The program also includes several value-added benefits offered by suppliers to health care organizations including incremental payment terms, reduced or free shipping, extended delivery terms, multimodality discounts, financing options and service discounts.
The quarterly Group Buys are one of several innovative programs from Novation designed to help members achieve even greater savings, including Standardization, NOVAPLUS, Pharmacy and the Committed Portfolio.
About Novation
Novation is the nation’s leading health care services company, focused on revolutionizing operational performance for more than 100,000 members and affiliates of VHA Inc., UHC, Children's Hospital Association and Provista LLC. Novation’s progressive approach to cost performance, data and intelligence, and integrated advisory solutions helps health care providers envision and advance new models of cost-effective, high-quality care. Headquartered in Irving, Texas, Novation is committed to the highest standards of ethical behavior and twice has been honored with the Ethisphere Institute’s coveted Ethics Inside® Certification, and has been named four years consecutively to Ethisphere’s World’s Most Ethical Companies list.
