Aesculap Awarded Surgical Instrument Agreement with Novation; First Contract to Include Hand-Held General and Neurosurgery Devices, Aneurysm Clips, and Endoscopic Products.Business Editors/Health/Medical Writers CENTER VALLEY, Pa.--(BUSINESS WIRE)--May 5, 2003 Aesculap, Inc. announced today that it has been awarded a 36 month multi-source agreement with Novation The substitution of a new contract for an old one. The new agreement extinguishes the rights and obligations that were in effect under the old agreement. A novation ordinarily arises when a new individual assumes an obligation to pay that was incurred by the original party for a broad range of general, neurosurgery neurosurgery /neu·ro·sur·gery/ (noor´o-sur?jer-e) surgery of the nervous system. neu·ro·sur·ger·y n. Surgery on any part of the nervous system. and endoscopic products. The recently signed agreement is the first Surgical Instrument contract Aesculap has earned with Novation, the supply company for VHA VHA Veterans Health Administration VHA Variable Housing Allowance VHA Villages Homeowners Association VHA Voluntary Hospitals Association VHA Virtual Home Agent VHA Very High Altitude VHA Vapor Hazard Area VHA Vermont Holstein-Friesian Association Inc. and University HealthSystem Consortium (UHC UHC UnitedHealthcare UHC United Health Care UHC University Hospitals of Cleveland UHC United Hitech Corporation UHC Udvar-Hazy Center (National Air and Space Museum) UHC University Health/System Consortium UHC Unburned Hydrocarbons ), two national healthcare alliances. Under terms of the agreement, Novation's VHA and UHC members can now access a complete array of Aesculap's general and specialty surgical instruments, repair and refurbishing, laparoscopic Laparoscopic A minimally-invasive surgical or diagnostic procedure that uses a flexible endoscope (laparoscope) to view and operate on structures in the abdomen. Mentioned in: Obstetrical Emergencies instruments, and Yasargil(TM) aneurysm aneurysm (ăn`y  rĭzəm), localized dilatation of a blood vessel, particularly an artery, or the heart. clips at cost-effective pricing and terms, as well as Aesculap's world-class service and support. "We are pleased to have been selected by the VHA and UHC members of Novation and look forward to working hand-in-hand with its members to help them maximize the benefit of this new agreement," said Dirk Kuyper, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Aesculap. "This agreement will provide us with the opportunity to expand our relationships and grow our business with one of the largest and most prestigious Group Purchasing Organizations in the U.S. Through this agreement, VHA and UHC members will have access to Aesculap's Surgical Quality Management (SQM SQM Square Meters SQM Software Quality Management SQM Sky Quality Meter SQM Service Quality Management SQM Signal Quality Monitoring SQM Stable Queue Manager SQM Surface Quality Monitor SQM Supplier Quality Manual SQM Signal Quality Monitor ) Program, a comprehensive quality management solution that addresses all aspects of surgical services. Surgical Quality Management provides a roadmap for evaluating, improving and expanding the surgical efficiency and quality for any institution - from community hospitals to the world's largest teaching institutions. Elements of the program include surgical asset management, operations and supply chain management, and education and implementation. "Our focus is to provide VHA and UHC health care organizations with the lowest total delivered cost on the highest-quality products so they can deliver high-quality cost-effective health care," said Zee Robertson, Novation senior director, surgical service line. "Aesculap offers a good balance between quality instruments and cost effectiveness." About Aesculap Aesculap, Inc. is a subsidiary of Aesculap AG & Co KG and is headquartered in Center Valley, PA. Based in Tuttlingen, Germany, Aesculap AG & Co KG is the world's largest manufacturer of surgical instrumentation. For more than 135 years, Aesculap has provided customers with surgical instrumentation and implants for neurosurgery, ENT ENT ears, nose, and throat (otorhinolaryngology). ENT abbr. ear, nose, and throat ENT ear, nose and throat. ENT Ears, nose & throat; formally, otorhinolaryngology , plastic and reconstructive, thoracic, micro-vascular, cardiovascular, orthopedic, laparoscopic and general surgery and central processing in a mission to provide "All it takes to operate." Aesculap is a member of the B. Braun family of healthcare companies, currently the fourteenth largest healthcare company in the world. For more information about Aesculap and its products, please contact Aesculap Customer Service at 1-800-282-9000 or visit the Aesculap website at www.aesculap-usa.com. About Novation Based in Irving, Texas, Novation was established in January 1998 through a combination of the supply programs of VHA and UHC, two national health care alliances. Novation serves the purchasing needs of more than 2,300 members and affiliates of VHA and UHC. Novation also serves more than 5,400 members and clients of HealthCare Purchasing Partners International (HPPI HPPI - High Performance Parallel Interface ), another group purchasing organization owned by VHA and UHC. Novation managed more than $21 billion in annual purchases for VHA, UHC and HPPI members in 2002. For more information, go to www.novationco.com. |
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