Novation Awards Multiple Contracts to Breg

Agreements Encompass Bracing, Cold Therapy Products and Soft Goods

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Dec 01, 2015, 11:15 ET

CARLSBAD, Calif., Dec. 1, 2015 /PRNewswire/ -- Breg, Inc., a premier provider of sports medicine products and services, announced today that it has been awarded three contracts by Novation, a leading health care services organization. Members served by Novation will have access to improved pricing for Breg's portfolio of cold therapy devices, sports bracing products and soft goods dedicated to advancing orthopedic care.

The aging U.S. population, rising prevalence of chronic conditions and the health care industry's focus on containing costs through non-surgical treatments are driving demand for rehabilitative products. Breg's agreements with Novation will be offered to members and affiliates of VHA Inc., UHC, Children's Hospital Association and Provista LLC., to purchase Breg's products to treat their patients. The contracts encompass a three-year extension agreement for cold therapy, a new three-agreement for sports bracing and a new three year agreement for soft goods. Breg is also the NOVAPLUS® supplier (the private label brand of Novation) for cold therapy.

"We are honored Novation has extended and expanded our six-year relationship to provide Breg's bracing, soft goods and cold therapy products to its network of health care providers," said Brad Lee, president and CEO, Breg. "We are particularly pleased with the soft goods agreement, which includes our innovative, new product solutions."

About Breg, Inc.
Breg provides premium, high-value sports medicine products and services that advance orthopedic patient care. From pioneering cold therapy and innovative bracing to caring customer service and award-winning orthopedic practice business solutions, Breg delivers a 360° customer experience unmatched in the industry. Founded in 1989, Breg is based in Carlsbad, Calif., and is a company of Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry. Visit www.breg.com.

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SOURCE Breg, Inc.