Novation Symposium Brings Together Industry Experts to Discuss Solutions for Ongoing I.V. Solutions Shortage
IRVING, Texas, May 14, 2014 /PRNewswire/ -- As hospitals across the country continue to face ongoing I.V. solutions shortages, Novation, the leading health care supply chain expertise, analytics and contracting company, is holding an I.V. Solutions Symposium today in Dallas, Texas.
I.V. saline solutions, commonly used throughout hospitals to treat dehydration, are now expected to be in short supply through the end of the year.
The Novation symposium is designed to provide hospitals with additional strategies that they can employ during the shortages, and the latest information on how suppliers and distributors are managing the issue. The symposium includes the industry's I.V. solution suppliers, hospital supply chain, clinical and pharmacy professionals, as well as representatives from the University of Utah Drug Information Service and the Food and Drug Administration (FDA). In addition, a panel of pharmacy and medical/surgical distributors will tackle questions on allocations, industry outlook and how distributors and hospitals can work together with Novation to manage their I.V. solutions supply.
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 industry to earn both distinctions for three consecutive years. To learn more about Novation, please visit http://www.novationco.com and follow @NovationNews.