Navigation Links
PharMEDium Agreement as Novation's Contractor for Outsourced Compounded Pharmacy Preparations

IRVING, Texas and LAKE FOREST, Ill., Nov. 4 /PRNewswire/ -- Novation, the leading health care contracting services company of VHA Inc., University HealthSystem Consortium (UHC), and Provista, LLC, and PharMEDium Services, LLC, the leading provider of outsourced hospital pharmacy I.V. compounded solutions, today announced an agreement under which PharMEDium will serve as Novation's contractor of outsourced compounded pharmacy preparations for Novation's acute-care facilities.


The agreement applies to the full line of outsourced compounded drug preparations used by Novation, the industry's leading contracting services company, with more than 2,500 members and affiliates of VHA Inc. and the University HealthSystem Consortium (UHC) and more than 12,000 customers of Provista, a multi-industry group purchasing organization. PharMEDium services more than 1,800 hospitals across the United States.

"We are excited to add PharMEDium's outstanding record of quality, customer service, and experience to our organization's contract portfolio on behalf of the members of our alliances," said Ross Day, R.Ph. Novation Portfolio Executive. "PharMEDium is a leader in this business segment and we are excited to partner with PharMEDium in furthering our dedication to delivering the best patient care backed and enhanced by market-leading suppliers."

"Novation's longstanding reputation and leadership are well-known across the industry, and PharMEDium is extremely pleased to be its partner," said David Jonas, PharMEDium's Chairman and Chief Executive Officer. "We are excited to work with an organization that shares our values around quality, safety, service, and leadership," he added.

About Novation

Founded in 1998, Irving, Texas-based, 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 12,000 members of Provista, LLC. Through its competitive contracting process, Novation develops and manages contracts with more than 500 suppliers. 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 contracts to purchase more than $33.1 billion in 2007.

About PharMEDium Services, LLC

For more than 15 years, PharMEDium is the leading National provider of pharmacy outsourced sterile I.V. compounding services. PharMEDium is the leading nationwide network of state licensed and federally registered compounding centers providing trusted solutions to more than 1,800 hospitals throughout the United States. The company complies with all applicable state laws and FDA regulations, including USP Chapter < 797 >, and DEA requirements.

Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. PharMEDium Introduces Innovative New Admixture Label Design
2. PharMEDium Announces National Rollout of Electronic 222 Ordering Initiative
3. PharMEDium Announces Electronic 222 Ordering Initiative
4. PharMEDium Announces Availability of Pre-Filled Operating Room Perioperative Compounded Drugs
5. Westaim terminates reorganization agreement and cancels shareholders meeting
6. Inverness Medical Innovations, PrognostiX Sign Distribution Agreement for CardioMPO(TM) Test
7. NeoStem Signs Definitive Agreement to Acquire Controlling Interest in a Leading Chinese Pharmaceutical Company
8. SXC Health Solutions announces PBM services agreement with Health Plan of San Mateo
9. Nations #1 Respiratory Hospital Enters Agreement to Co-Promote IgE Blood Testing
10. Hill-Rom Announces Agreement with Encompass Therapeutic Support Systems Adding New Surface Choice for Use with Hill-Rom Frames
11. EMD Serono and Theratechnologies Announce Collaboration and Licensing Agreement for Tesamorelin in the United States
Post Your Comments:
(Date:11/25/2015)... ... November 25, 2015 , ... For the first time, Vitalalert ... Organizations, One Beat ” campaign. The partnership between the two groups began in 2014 ... MAP International’s cause. , MAP International was founded in 1954 and is an international ...
(Date:11/25/2015)... ... ... On November 25, 2015, officials of Narconon Arrowhead , the drug rehabilitation ... new cutting edge recovery program that has been 50 years in the making. ... with the purpose to free addicts from the symptoms and negative behaviors of addiction. ...
(Date:11/25/2015)... ... ... Smiles by Stevens is pleased to announce the addition of Botox® for ... aware of the benefits of Botox® in the treatment of moderate facial wrinkling, few ... and pain as a result of Jaw Tension, TMJ (temporo-mandibular joint) disorder, and Bruxism ...
(Date:11/25/2015)... ... November 25, 2015 , ... In an ongoing Clinical Study conducted by an ... IL, UV Angel is evaluating the efficacy of its product and its disinfection protocol. ... 30 beds) from May 2014 through October 2015 at a 360-bed, acute-care, academic medical ...
(Date:11/25/2015)... Spring, Md (PRWEB) , ... November 25, 2015 ... ... Pulmonary Hypertension Association (PHA) announces the nation’s Periwinkle Pioneers, individuals and groups responsible ... history of this disease. The Periwinkle Pioneers, nominated by the public, will receive ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... 2015 Kitov Pharma ceuticals ... a biopharmaceutical company focused on the development of therapeutic ... today announced the closing of its previously announced underwritten ... ), each representing 20 ordinary shares of the Company, ... ADSs and warrants were issued in a fixed combination ...
(Date:11/25/2015)...  Today AVACEN Medical announced the issue of United States patent No. ... ". This patent shields the company,s AVACEN 100 dry heat therapy medical device and specific methods ... Photo - ... ... ...
(Date:11/25/2015)... , Nov. 25, 2015 USP 800 ... drug preparations (e.g. pharmacists, pharmacy technicians, nurses, physicians, ... technicians). The chapter also covers all entities which ... pharmacies, hospitals, other healthcare institutions, patient treatment clinics, ... --> --> What is ...
Breaking Medicine Technology: