Business

PharMEDium to extend agreement with Novation

Posted January 30, 2012 11:00 pm

PRNewswire

LAKE FOREST — PharMEDium has extended its agreement with Novation through October 2013 to deliver outsourced pharmacy compounding and admixture services, according to PharMEdium Chairman and CEO David N. Jonas.

“We are committed to being the partner of choice for Novation’s outsourced pharmacy compounding and admixture services,” Jonas said. ”PharMEDium and Novation share core values that emphasize patient safety first, facilitate the best clinical care and provide the highest quality sterile intravenous admixture compounding services.”

Novation Portfolio Executive Ross Day, R.Ph., said PharMEDium’s record of quality, customer service and experience has been a benefit to their company’s contract portfolio.

“We are pleased to extend our contract with PharMEDium, a reliable leader in this business segment, to deliver the best patient care backed and enhanced by market-leading suppliers,” Day said.

Irving, Texas-based Novation delivers savings to nearly 25,000 VHA Inc. and the University HealthSystem Consortium member organizations and 5,500 Provista members covering 28,000 sites. In 2010, VHA, UHC and Provista members used Novation and alliance contracts to purchase about $40 billion in products and services.

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