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

es 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.


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