IRVING, Texas, June 10, 2015 /PRNewswire/ -- Novation, the nation’s leading healthcare services company, today recognized more than 255 hospitals and health systems across the country that have excelled at lowering supply chain costs through Novation’s IMPACT Standardization Programs. In 2014, $115 million in total savings was recognized by participating members of VHA Inc., UHC, Children’s Hospital Association and Provista LLC who were compliant with the standardization categories and program terms.
Novation honors 134 members that achieved significant savings and 121 members that maximized participation by utilizing all applicable IMPACT Programs.
“Emphasis on patient outcomes and reimbursement has hospitals continually evaluating the best approach to achieve their clinical and fiscal goals. Those recognized have continued to drive towards cost savings resulting from standardization and supply chain optimization,” said Brandy Reed, Novation director, committed programs. “IMPACT offers hospitals a way to reduce expenses on the supplies and services they utilize which helps to improve their operational and staffing efficiencies.”
One participating member that recognizes the value of IMPACT is UC San Diego Health System. In operation since 1966, this internationally recognized system is the region’s largest, licensed for 563 beds and has more than 7,400 employees.
“Novation’s IMPACT standardization programs provide UC San Diego Health with an additional tool in our procurement ‘tool-belt’.
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