Instrumentation Laboratory Awarded Three-year Renewal Of Contract With Novation

-- Represents Seven-Year Commitment to Blood Gas Instrumentation and Associated Products --

Apr 08, 2014, 08:30 ET from Instrumentation Laboratory

BEDFORD, Mass., April 8, 2014 /PRNewswire/ --Instrumentation Laboratory (IL), today, announced it has been awarded a three-year contract renewal with Novation for its Blood Gas Instrumentation and associated products.  Novation is the supply-chain expertise, analytics and contracting company of VHA Inc., University Health System Consortium (UHC), Children's Hospital Association, and Provista, LLC.  The contract (LB0412), effective March 1, 2014, also includes an option for two additional one-year extensions.  The original contract between Novation and IL was initiated in January 2010. 

The agreement covers IL's portfolio of critical care analyzers, reagents, consumables and service, including the Company's flagship GEM® Premier 4000 system for blood gas, electrolyte and metabolite analysis with integrated CO-Oximetry testing, as well as the GEM Premier 3500 analyzer.  These instruments feature IL's patented Intelligent Quality Management (iQM®), a real-time, automated, quality assurance system that continuously detects, corrects and documents, to assure quality results and compliance, 24/7, regardless of operator or testing location.  iQM, coupled with its cartridge-based technology and ease of use, allows GEM Premier analyzers to provide consistent, accurate, lab-quality results throughout the hospital.  Also included in the agreement are GEMweb® Plus Custom Connectivity software for remote management of GEM Premier analyzers, and the GEM OPL portable CO-Oximeter.

"We look forward to continuing our successful partnership with Novation, one of the country's leading group-purchasing organizations.  The tremendous growth they have experienced in the past three years reflects their commitment to clinical excellence, efficiency and leadership," said Brian Durkin, Vice President, Commercial Operations, North America at IL.  "Like Novation, IL is similarly focused on helping providers enhance patient care and realize efficiencies, by delivering continuous innovation in diagnostics testing solutions."

Instrumentation Laboratory Awarded Three-Year Renewal of Contract With Novation

About Novation
Founded in 1998, Novation is the leading health care supply chain expertise, analytics and contracting company for the more than 100,000 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, Children's Hospital Association, and Provista members used Novation contracts to purchase more than $43 billion in 2012.

About Instrumentation Laboratory
Instrumentation Laboratory ( ), founded in 1959, is a worldwide developer, manufacturer and distributor of in vitro diagnostic instruments, related reagents and controls for use primarily in hospitals and independent clinical laboratories. The company's product lines include Critical Care systems, Hemostasis systems and Information Management systems. IL's GEM® product offerings, part of the Critical Care line, include the GEM Premier™ 4000 analyzer with Intelligent Quality Management (iQM®), GEM Premier 3500, GEMweb® Plus Custom Connectivity, and complementary products GEM PCL Plus, a portable coagulation analyzer, GEM OPL CO-Oximeter, and GEMdraw arterial blood samplers. IL's Hemostasis portfolio includes the ACL TOP® Family of Hemostasis Testing Systems, fully automated, high-productivity analyzers, comprised of the ACL TOP 700, ACL TOP 700 LAS, ACL TOP 700 CTS, ACL TOP 500 CTS and ACL TOP 300 CTS.  IL also offers the ACL AcuStar®, ACL ELITE®, and other Hemostasis analyzers, along with the comprehensive HemosIL® line of reagents.  IL is based in Bedford, Massachusetts. 

The Instrumentation Laboratory logo, GEM, iQM, HemosIL, ACL TOP, ACL ELITE, ACL AcuStar and Premier are trademarks of Instrumentation Laboratory Company and/or one of its subsidiaries or parent companies, and may be registered in the United States Patent and Trademark Office and in other jurisdictions.  All other product names, company names, marks, logos, and symbols are trademarks of their respective owners.

SOURCE Instrumentation Laboratory