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Novation Offers Members and Affiliates Savings Up to 50% Off the Usual Contracted Price in Select Categories, During Period 3 Group Buys

Group Buy Savings available from more than 40 supplier categories ranging from capital to imaging to orthopedic to surgical

Category:

07/13/15

Dateline:

IRVING, Texas
"In 2014 alone, the program saved members and affiliates more than $157 million. Since the start of this program, these organizations collectively have purchased more than $4 billion through Group Buys."

IRVING, Texas--(BUSINESS WIRE)--Novation’s Period 3 National Group Buys — effective from July 1 through Sept. 30, 2015 — offer significant savings and value-added benefits to the more than 100,000 members and affiliates of VHA Inc., UHC, Children’s Hospital Association and Provista.

Period 3’s Group Buys feature several new categories and several first-time participating suppliers, to help the organizations Novation serves save even more money on contracted items. During this period, Group Buy suppliers offer value in the form of incremental payment terms, reduced shipping, extended warranties, delivery terms, financing options and/or service discounts.

“Since Novation debuted Group Buys in 2005, members and affiliates have saved more than $953 million, an average of more than 19 percent across 90 product categories,” said Mike Clemens, Novation vice president of contract and program services. “In 2014 alone, the program saved members and affiliates more than $157 million. Since the start of this program, these organizations collectively have purchased more than $4 billion through Group Buys.”

Siemens Healthcare, the Period 3 featured supplier, offers new value in 14 categories as well as an extension of Period 2 value for immunochemistry automation items. Additional discounts are offered in some categories for members that have not had a Siemens service contract in the past 12 months and for organizations that take delivery of and install selected equipment prior to Dec. 31, 2015.

Siemens Healthcare Group Buy categories include: angiography/cardiovascular, C-arms, computerized tomography equipment, general radiology, hematology, hemodynamic and electrophysiology monitoring, immunochemistry automation, pharmacy, mammography, MRI, nuclear medicine, PET/CT, radiology/fluoroscopy, ultrasound, and urology.

Members and affiliates can access unique savings, additional discounts and extended value with the following additional Period 3 Group Buy first-time suppliers:

  • capital and imaging: ArjoHuntleigh, Mortara, Bayer, Dräger, FHC, Stryker
  • pharmacy: Accord, Actavis
  • purchased services: Orkin, Nestlé, US Foods
  • physician preference items: Bacterin, St. Jude Medical
  • surgical: Augustine Temperature Management

More than 25 additional suppliers are included in the Period 3 Group Buy. Please contact your account executive for more information about any of the suppliers above or for a full list of participating suppliers.

About Group Buys

The National Group Buys program aggregates member purchasing volume on a quarterly basis to maximize savings opportunities. The promotions may 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 shipping costs, extended warranties and delivery terms, enhanced financing options and service discounts. Group Buys are among several innovative programs from Novation designed to help members achieve even greater savings.

About Novation, Recipient of the Ethisphere Institute’s Ethics Inside Certification

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. To learn more about Novation, please visit novationco.com and follow @NovationNews on Twitter.

Contact:

Novation
Jason Harris, 972-581-5930
jaharris@novationco.com

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