Baxter and Novation Sign Multi-Year Contract Extension Valued at Over $200 Million for Medication Deliver...(mpetitive bid process Novation develops ...)

Date:10/9/2007

mpetitive 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.

The University HealthSystem Consortium (UHC), formed in 1984, is an alliance of 97 academic medical centers and 153 of their affiliated hospitals representing more than 90% of the nation's non-profit academic medical centers. UHC offers its members specific programs and services to improve clinical, operational and patient safety performance. The mission of the University HealthSystem Consortium is to advance knowledge, foster collaboration, and promote change to help members succeed in their respective markets.

About Baxter

Baxter International Inc., through its subsidiaries, assists healthcare professionals and their patients with treatment of complex medical conditions, including hemophilia, immune disorders, cancer, infectious diseases, kidney disease, trauma and other indications. The company applies its expertise in medical devices, pharmaceuticals, and biotechnology to make a meaningful difference in patients' lives.

This release includes forward-looking statements concerning expectations related to the two-year extension of the current agreement between Novation (on behalf of UHC) and Baxter, including those expectations related to the sale of Baxter products including intravenous (IV) solutions, drug delivery products, nutrition products, IV administration sets and components and infusion pumps to members of UHC. The statements are based on a
'/>"/>

SOURCE Baxter International Inc. Copyright©2007 PR Newswire. All rights reserved

0 GOOD

Page: 1 2 3
Related biology technology :

1. NanoRite Innovation Center opens with small science, big promise
2. Innovation featured in NE Wisconsin Roundtable
3. Changes to U.S. patent law must nurture our culture of innovation
4. Who is minding the Innovation Gap?
5. Abbott vs. Thailand has implications for innovation and access
6. Visions: Benson touts embedded innovation
7. UW System must remove barriers to innovation
8. Fusion 2007: Innovation drives productivity in post 24x7 world
9. In western Wisconsin, the innovation economy is growing
10. Scott Converse, UW-Madison School of Business, on the innovation mind-set
11. Innovation expert speaks on the business-IT balancing act