DUBLIN, Ohio, Nov. 28 /PRNewswire-FirstCall/ -- Cardinal Health, a
global provider of products and services that improve the safety and
productivity of health care, today announced a three-year dual source
agreement with Novation, the industry's leading contracting services
company, to provide Presource(R) custom procedure kits and Procedure Based
Delivery System (PBDS(TM)) modules to the 11,500 hospital and surgery
center members of the University HealthSystem Consortium (UHC), VHA and
Provista.
Under the agreement, which is effective February 1, Cardinal Health
will supply these customers with Presource(R) kits and PBDS(TM) modules for
all areas within the acute care hospital and surgery center environment,
including the operating room, labor and delivery, cardiac catheterization
lab and interventional radiology lab.
Cardinal Health works collaboratively with health care customers to use
the Presource(R) Process to assess unique procedure pack needs, design and
deliver custom solutions to meet those needs and then measure results to
adapt procedure pack solutions to address evolving requirements.
As part of this agreement, Cardinal Health will also use its recently
introduced Preferred Choice Program(SM) to assist UHC, VHA and Provista
members in improving product standardization and cost management. Through
this program, Cardinal Health works with each customer to identify all
products needed for a Presource(R) kit, and then recommends clinically
equivalent options for those products. By providing high-clinical-quality
product alternatives, this program helps customers to reduce supply costs
while maintaining their focus on patient and practitioner safety.
"We look forward to expanding our relationship with Novation by
providing procedure pack solutions to thousands of UHC, VHA and Provista
hospitals and surgery centers, nationwide," said Steve Inacker, president
and general manager of Cardinal Health's Presource(R) Products and Services
business. "We're excited to deliver cost-effective solutions that will help
Novation alliance members improve productivity and patient care."
About Novation
Based in Irving, Texas, Novation is the leading health care contracting
services company, delivering unmatched savings and value to nearly 2,500
members of VHA Inc. and the University HealthSystem Consortium (UHC), two
national health care alliances and nearly 9,000 members of Provista, LLC
(formerly known as Healthcare Purchasing Partners International, LLC
(HPPI)). Through its competitive bid process, Novation develops and manages
contracts with more than 500 suppliers, both large and small. By combining
scale and agility with clinical knowledge and product expertise, Novation
offers the most extensive range of advanced contracting services,
including: contract development, contract and supplier management, custom
contracting, enhanced savings programs, online contract management and
analytical tools, order management and online supplier connectivity. VHA,
UHC and Provista members used Novation and alliance purchased services
contracts to purchase $31.6 billion in 2006.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is an
$87 billion, global company serving the health care industry with products
and services that help hospitals, physician offices and pharmacies reduce
costs, improve safety, productivity and profitability, and deliver better
care to patients. With a focus on making supply chains more efficient,
reducing hospital-acquired infections and breaking the cycle of harmful
medication errors, Cardinal Health develops market-leading technologies,
including Alaris(R) IV pumps, Pyxis(R) automated dispensing systems,
MedMined(TM) infection surveillance services and the CareFusion(TM) patient
identification system. The company also manufactures medical and surgical
products and is one of the largest distributors of pharmaceuticals and
medical supplies worldwide. Ranked No. 19 on the Fortune 500 and No. 1 in
its sector on Fortune's ranking of Most Admired firms, Cardinal Health
employs more than 40,000 people on five continents. More information about
the company may be found at http://www.cardinalhealth.com.
SOURCE Cardinal Health, Inc.
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Related links: http://www.cardinalhealth.com/
CONTACT: Media, Tara Schumacher, +1-614-757-6250, tara.schumacher@cardinal.com; or Investors, Bob Reflogal, +1-614-757-7542, bob.reflogal@cardinal.com , both of Cardinal Health
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