SourceOne Healthcare Technologies Extends and Expands Relationship With Novation, LLC

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New Contract Adds Innovative PACS Peripherals and Cost Efficient Inventory Management Programs, VHA Inc., University HealthSystem Consortium (UHC), health care facilities

SourceOne Healthcare Technologies today announced that it has extended and enhanced its existing contract with Novation, the supply company of VHA Inc. and the University HealthSystem Consortium (UHC). Under the terms of the agreement SourceOne will make available additional equipment lines and inventory management services designed to help VHA and UHC members maximize their operational efficiencies.

SourceOne, one of the nation’s leading distributors of medical-imaging systems, equipment, radiographic consumable supplies, and services to health care facilities, will continue to offer the vast selection of traditional x-ray consumable product lines and equipment service. The extension to the current contract offers extensive PACS Peripherals to include; Dejarnette Dysect CT, Ergotron Technology Furniture, NAI DICOM Boxes and Vidar Digitizers.

Under terms of the extended agreement, SourceOne and Novation will offer a number of value enhancements including customized inventory and distribution programs, combined Enterprise Resource Planning (ERP) system integration to VHA and UHC members, and the addition of SourceOne’s exclusive Platinum, and Platinum Choice Service Programs.

“We’re excited to extend our relationship with Novation,” said Jerry C. Cirino, President and CEO of SourceOne Healthcare Technologies. “We are dedicated to helping Novation bring greater distribution and organizational efficiencies to the members it serves.”

About SourceOne Healthcare Technologies

Headquartered in Mentor, Ohio, SourceOne Healthcare Technologies is a leading provider of imaging equipment, radiographic supplies and services tailored to healthcare facilities including those transitioning to a digital imaging environment. Its broad equipment and consumables lines, as well as nationwide manufacturing, e-logistics, sales professionals and field service engineers enable customers to turn to SourceOne as the best-in-class, single source for effective supply chain and medical imaging management. SourceOne is a privately held company of Platinum Equity, a global acquisitions firm specializing in the strategic operation of mission-critical companies. For additional information about SourceOne, visit http://www.sourceonehealth.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. These organizations used Novation contracts to purchase more than $23 billion in supplies in 2004.

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Todd Appleman
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