IRVING, Texas, Jan. 29, 2015 /PRNewswire/ -- Novation, the leading health care services company, announces today that its national Group Buys for the first period of 2015 were launched Jan. 1, 2015, and will be effective through March 31.
Novation's Group Buys provide significant savings and value-added benefits to the participating members of VHA Inc., UHC, Children's Hospital Association and Provista by combining member purchasing volume to maximize savings opportunities. In addition to price, Novation's Group Buys often provide value in the form of incremental payment terms, reduced or free shipping, extended delivery terms, multimodality discounts, financing options and service discounts.
Participating members can achieve up to 42 percent savings on capital equipment and products across nine categories through the following Group Buys:
- Angiography/Cardiovascular Systems
- Computed Tomography (CT) Equipment
- MRI Equipment
- Radiology/Fluoroscopy Systems
- Ultrasound Systems
- Neurodiagnostic Equipment
- Low-Temperature Sterilizers
- Laboratory Microscopes
- External Defibrillators and Accessories
These products are available through agreements awarded to the following suppliers:
- Toshiba America Medical Systems Inc.
- Cadwell Laboratories
- Johnson & Johnson Advanced Sterilization Products
- Olympus America Inc.
- Physio-Control Inc.
"Capital costs will continue to be a large expenditure for hospitals, so value is more important than ever," said Mike Clemens, Novation vice president, capital equipment and diagnostic imaging. He cited a recent Novation survey in which 48 percent of hospitals responding indicated their plans to maintain current levels of focus on capital projects in 2015, and 24 percent reported plans to increase capital projects within their organization. "Our National Group Buys offer choice and savings that will help members implement these projects cost-effectively."
Since their inception in 2005, Novation's Group Buys have saved members more than $859 million in more than 45 major categories. In addition, members have purchased more than $3.7 billion through Group Buys since 2005.
About Novation, Recipient of the Ethisphere Institute's Ethics Inside Certification
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 three 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.