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Novation Part of Initiative to Empower Minority Business Owners in Health Care Supply Chain

Working with Healthcare Supplier Diversity Alliance, Dartmouth College and Novant Health to offer executive training program for minority business owners

Category:

08/21/14

Dateline:

IRVING, Texas
"This program is another example of Novation’s commitment to supplier diversity. Not only does supplier diversity help minority-owned organizations and their communities, it benefits healthcare organizations by delivering cost-effective products"

Novation, the leading health care services company, is collaborating with the Healthcare Supplier Diversity Alliance (HSDA), Tuck Business School at Dartmouth and Novant Health to offer a week-long executive training program to empower owners and senior executives of minority-owned companies to compete in the highly competitive health care industry. The program, Building a High-Performing Minority Business, will be held November 16–21, 2014 at the Tuck School of Business at Dartmouth.

“This program is another example of Novation’s commitment to supplier diversity. Not only does supplier diversity help minority-owned organizations and their communities, it benefits healthcare organizations by delivering cost-effective products,” said Mark Cartwright, director of supplier diversity at Novation. “However, we need more diversity in the health care supply chain. Programs like this help to level the playing field by giving minority-owned business owners the tools and networking connections to help them be successful.”

The course is designed to help owners and senior executives of small, minority-owned companies take a critical look at their business. From evaluating their strategy and analyzing their financial statements to developing an effective marketing strategy, they will learn the skills they need to compete and thrive in the highly-regulated and constantly changing health care industry.

Novation's Supplier Diversity Program works with Minority, Woman or Veteran Business Enterprise (MWVBE) to encourage economic development and provide hospitals with new innovations and breakthrough technologies. The program provides businesses with support and networking opportunities that raises their visibility and helps them connect with prospective customers. Novation’s Supplier Diversity Program was named one of 2013's "Best of the Best" by DiversityComm, Inc.'s Black EOE Journal and was recognized as one of the “Top 50 Organizations for Multicultural Business Opportunities” by DiversityBusiness.com, the largest organization of diversity-owned businesses throughout the United States.

The other organizations collaborating to develop this executive training course include:

  • HSDA, a voluntary, not-for-profit trade association that performs a leadership role in promoting and preserving the role of diverse suppliers in the healthcare industry.
  • Novant Health, a four-state integrated network of physician clinics, outpatient centers and hospitals.
  • Dartmouth’s Tuck School of Business, America’s oldest graduate school of management and the first U.S. institution of higher education to offer executive programs dedicated to advancing the capabilities of underserved entrepreneurs and executives.

Learn more about this program or to register online

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.

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