Sentence examples for for novation from inspiring English sources

She said Becton had a superior bid, which provided a number of opportunities for Novation and member hospitals to be rewarded with rebates and other payments.

Angela M. Bolivar, a spokeswoman for Novation, said that the company, which is owned by two hospital groups, did not plan to disclose its financial results publicly.

Neoforma is the designated electronic commerce company for Novation, a large private company that negotiates contracts for hospitals to buy their supplies.

The directors work for Novation, VHA Inc. and the University HealthSystem Consortium, entities that help select medical products for nonprofit hospitals and which together own about 60percentt of Neoforma's stock.

The three are also discussing giving Novation L.L.C., a bulk purchaser of medical supplies, a stake in the merged company in exchange for Novation's agreeing to conduct a certain amount of business through the combined entity.

Larry R. Holden, the president of the Medical Device Manufacturers Association, a trade group that represents small medical supply companies, expressed less support for Novation's reforms than for Premier's.

Congressional negotiators are still trying to reach a similar agreement with the nation's other big buying group for hospitals, Novation of Irving, Tex.

For example, Novation, a healthcare contracting services company, developed VHA PriceLynx (based on the mobile application platform of business intelligence software vendor MicroStrategy), a business intelligence app to help health care organizations manage its purchasing procedures more efficiently and save money for hospitals.

The vendors also paid Novation for administering their contracts and for other services.

In its annual report for 2001, Neoforma reported that 88percentt of its revenue came from Novation, which helps to buy medical supplies for a third of the nation's hospitals.

The company, Neoforma, said it was consulting with the Securities and Exchange Commission on the best way to account for a 2000 agreement it reached with a closely related company, Novation, a for-profit buying consortium that is owned by more than 1,000 hospitals.