Navigation Links
PharMEDium Agreement as Novation's Contractor for Outsourced Compounded Pharmacy Preparations
Date:11/4/2008

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.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051202/PHARMEDIUMLOGO)

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.


'/>"/>
SOURCE PharMEDium
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:
*Name:
*Comment:
*Email:
(Date:2/23/2017)... ... 2017 , ... The 89th Academy Awards will be celebrated this weekend, which ... Center Bunkum Award. We invite you to enjoy our 11th annual tongue-in-cheek “salute” to ... the Center for American Progress (CAP), for its report, Lessons From State Performance on ...
(Date:2/23/2017)... ... 2017 , ... The American Cleft Palate-Craniofacial Association (ACPA) is pleased to announce ... a longtime supporter of the event. , "We are pleased that KLS Martin is ... Havlik, 2017 ACPA President. "KLS Martin has a long track record of support of ...
(Date:2/23/2017)... ... February 23, 2017 , ... ... leadership , media relations, content marketing, social media management, corporate communications, SEO and ... in the state and in nearby New Hampshire, Massachusetts and Canada, Rosica will ...
(Date:2/23/2017)... ... , ... Dr. David Mahon leads Siena Dental, a comprehensive dental practice located ... 2017 Top Patient Rated Henderson Dentist by Find Local Doctors earlier this ... and dentists who have earned high ratings and superior patient reviews from multiple credible ...
(Date:2/23/2017)... ... February 23, 2017 , ... ... today that it will soon begin franchising throughout the U.S. starting this spring. ... help bring the practice of meditation mainstream. Current Meditation will be the first ...
Breaking Medicine News(10 mins):
(Date:2/23/2017)... Calif. , Feb. 23, 2017 ... company focused on the development and commercialization of ... pain, announced that it will release fourth quarter ... Thursday, March 2nd, 2017. AcelRx management will host ... Time (1:30 p.m. Pacific Time) on March 2 ...
(Date:2/23/2017)... 2017 Obese people are seldom ... varicose veins in their body. The rising number of ... adoption of endovenous laser therapy for treatment of varicose ... therapy market, published by Future Market Insights, indicates ... consequences of obesity have collectively factored the growth in ...
(Date:2/23/2017)... , Feb 23, 2017 Research and ... Analysis & Trends - Industry Forecast to 2025" report to ... ... of around 6.9% over the next decade to reach approximately $47.6 ... market estimates and forecasts for all the given segments on global ...
Breaking Medicine Technology: