Baxter extends contract with medical centers

Deerfield-based Baxter International announced today Novation, the University HealthSystem Consortium's contracting services company, has signed a new two-year contract extension on behalf of the consortium valued at over $200 million over the contract term.

The extension will commence at the conclusion of consortium’s previous multi-year agreement in mid-2008.

The consortium, an alliance of 97 academic medical centers and 153 of their affiliated hospitals, will continue to have access to Baxter's portfolio of intravenous solutions, drug delivery products, nutrition products, IV administration sets and components, and infusion pumps.

Based in Irving, Texas, Novation, through a competitive bid process, develops and manages contracts with more than 500 suppliers.