Novation Announces Product Categories For Period 4 National Group Buys Program

GE Healthcare is the Featured Supplier for Novation’s Period 4 Group Buys Program

IRVING, Texas--(BUSINESS WIRE)--Novation today announced its Period 4 National Group Buys, available October 1 through December 31, 2015, which offers significant savings and value-added benefits in 49 product categories to the more than 100,000 members and affiliates of VHA Inc., UHC, Children’s Hospital Association and Provista. The National Group Buys program is one of several innovative programs from Novation designed to deliver additional savings to the members it serves.

“Finding savings opportunities related to capital equipment purchases is extremely important for hospitals and other health care facilities”

GE Healthcare, the Period 4 featured supplier, is offering significant savings on their capital and diagnostic imaging equipment. Their group buy categories include: anesthesia machines, angiography/cardiovascular systems, computed tomography equipment, general radiography systems, holter and event recorders, mammography, MRI equipment, nuclear medicine cameras, patient monitors, PET-CT systems, radiology/fluoroscopy systems, and ultrasound systems.

“Finding savings opportunities related to capital equipment purchases is extremely important for hospitals and other health care facilities,” said Mike Clemens, vice president, capital equipment and diagnostic imaging for Novation. ”Our National Group Buys offer choice and savings that will help members implement these equipment investments in the most cost-effective manner.”

Group Buys for Period 4 also include 22 new categories as well as several first-time participating suppliers, extended offerings and much more. Examples of Period 4 opportunities include:

• Savings off list for Hologic Inc.’s bone densitometry products
• Upgrade offering from Karl Storz for endoscopy equipment
• Odwalla and Simply products from Coca-Cola
• Savings off list for STERIS products
• Furniture and bedding from Stryker
• Mobile treatment carts from Midmark Corp.
• First NOVAFOOD Holiday Promotion for select items from Custom Culinary, Hormel Foods, Idahoan Potatoes, Rich Products and Sara Lee Foodservice

Additionally, 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 in 2005, members and affiliates served by Novation have saved more than $1 billion across 112 product categories including $157 million in 2014.

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