2014

Novation Recognized by Computerworld as a 2013 Computerworld Honors Laureate

IRVING, Texas, March 25, 2013 /PRNewswire/ -- IDG's Computerworld Honors Program announces Novation as a 2013 Laureate. The annual award program honors visionary applications of information technology promoting positive social, economic and educational change.  Novation is the leading health care supply chain expertise and contracting company for the members of VHA Inc., UHC, Children's Hospital Association, and Provista LLC.

"Technology continues to play a pivotal role in transforming how business and society functions. For the past 25 years the Computerworld Honors Program has had the privilege of celebrating innovative IT achievements," said John Amato, vice president & publisher, Computerworld. "Computerworld is honored to recognize the outstanding accomplishments of the 2013 class of Laureates and to share their work. These projects demonstrate how IT can advance organizations' ability to compete, innovate, communicate and prosper."

Novation's goal of helping hospitals drive down supply costs so they have more resources to dedicate to patient care is more important than ever.  Health care organizations are facing multiple challenges as they encounter new and updated regulations, the unknowns of health care reform, changing reimbursement policies and a down economy.

Novation, in conjunction with the VHA and UHC alliances, developed an entire suite of price-benchmarking and cost-management analytic applications in the medical, surgical and pharmaceutical areas.  These applications address a hospital's entire supply chain process from start to finish by supporting member hospitals' connectivity across their supply chain operations.  

The healthcare supply chain is evolving and hospitals are looking for innovative ways to streamline and squeeze out savings at every link in the chain.  Novation has seen clear and quantifiable benefits for a hospital supply chain organization in adopting mobile technology. From always-on access to the latest pricing and spending details, and workflow improvements to inventory cost reductions, healthcare organizations utilizing mobile solutions can achieve tangible and lucrative savings.

"We are continuously innovating in the data, analytics and mobile BI areas," says Dan Sweeney, senior vice president, information and data services, Novation. "In order to empower hospital personnel to make instant decisions, we created mobile applications that would allow them to get key pricing and spend information on medical, surgical and pharmaceutical products anywhere. These apps allow procurement professionals, pharmacists, physicians and our own team members to make data-driven decisions in a mobile setting."

"Our initial goal was to create a unique mobile user experience and drive adoption of our entire business intelligence platform, and we have certainly achieved that," says Guillermo Ramas, vice president, information and data services, business development, Novation. "We now continuously strive to improve the user experience, increase adoption and develop value-added features. The applications are constantly optimized for performance and navigation as well."

The Computerworld Honors Program awards will be presented at the Gala Evening and Awards Ceremony on June 3, 2013 at the Andrew W. Mellon Auditorium in Washington, D.C.

About The Computerworld Honors Program
Founded by International Data Group (IDG) in 1988, The Computerworld Honors Program is governed by the not-for-profit Computerworld Information Technology Awards Foundation. Computerworld Honors is the longest running global program to honor individuals and organizations that use information technology to promote positive social, economic and educational change. Additional information about the program and a Global Archive of past Laureate case studies, as well as oral histories of Leadership Award recipients can be found at the Computerworld Honors website.

About Novation, Winner of the Ethics Inside® Certification
Founded in 1998, Novation is the leading health care supply chain expertise, analytics and contracting company for the more than 65,000 members of VHA Inc. and UHC, two national health care alliances, Children's Hospital Association, an alliance of the nation's leading pediatric facilities, and Provista, LLC. Novation provides alliance members with sourcing services, as well as information and data services. Based in Irving, Texas, Novation develops and manages competitive contracts with more than 600 suppliers. VHA, UHC, and Provista members used Novation contracts to purchase approximately $43 billion in 2012. Novation has earned the coveted Ethics Inside® Certification from Ethisphere Institute, a leading international think tank dedicated to the research and promotion of best practices in corporate ethics and compliance.  Novation was also named on Ethisphere's World's Most Ethical Companies list, and is the only company in the health care industry to earn both distinctions for two consecutive years.  To learn more about Novation, please visit http://www.novationco.com and follow @NovationNews.

About Computerworld
Computerworld is the leading source of technology news and information for IT influencers, providing peer perspective, IT leadership and business results. Computerworld's award-winning website (http://www.computerworld.com/), bi-weekly publication, focused conference series, custom solutions and custom research forms the hub of the world's largest (40+ edition) global IT media network and provides opportunities for IT solutions providers to engage this audience. Computerworld leads the industry with an online audience of over 3.5 million unique, monthly visitors (Omniture, August 2012) and was recognized as the Best Website by ASBPE and TABPI in 2012. Computerworld is published by IDG Enterprise, a subsidiary of International Data Group (IDG), the world's leading media, events and research company. Company information is available at http://www.idgenterprise.com/.

Note: All product and company names are trademarks of their respective companies.

SOURCE Novation



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