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New Novation CV Watch Shows Recent Technology Innovations Could Drive Cardiovascular Product Costs Up by as Much as 35 Percent
Date:7/24/2014

ardiovascular industry meetings to gain insight to help hospitals better understand new techniques and devices, most of which are not yet approved for use in the U.S.

According to the CDC, heart disease is the leading cause of death for both men and women.  In addition, coronary heart disease alone costs the United States $108.9 billion each year which includes the cost of health care services, medications, and lost productivity. 

Members of VHA, Inc., UHC, Children's Hospital Association and Provista purchased about $3 billion through the Novation cardiovascular contract portfolio in 2013. 

For more information about Novation's Physician Preference Item Program, please visit https://www.novationco.com/programs/physician_preferred.asp.

About Novation, Winner of the Ethics Inside® Certification
Founded in 1998, Novation is the leading health care supply chain expertise, analytics and contracting company for the more than 100,000 members and affiliates of VHA Inc. and UHC, two national health care alliances, Children's Hospital Association, an alliance of the nation's leading pediatric facilities, and Provista, LLC. Novation provides alliance members with sourcing services, as well as information and data services. Based in Irving, Texas, Novation develops and manages competitive contracts with more than 800 suppliers. Members of VHA, UHC, Children's Hospital Association and Provista used Novation contracts to purchase approximately $49 billion in 2013. Novation has earned the coveted Ethics Inside® Certification from Ethisphere Institute, a leading international think tank dedicated to the research and promotion of best practices in corporate ethics and compliance. Novation was also named on Ethisphere's World's Most Ethical Companies list and is the only company in the health care i
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