Novation, Irving, Texas, the supply company of VHA Inc. and the University HealthSystem Consortium, has contracted with Kendall Healthcare for pneumatic compression devices and accessories
Categories: Health AccessoriesNovation, Irving, Texas, the supply company of VHA Inc. and the University HealthSystem Consortium, has contracted with Kendall Healthcare for pneumatic compression devices and accessories. The agreement, reached through a competitive bid process, runs until Dec. 31, 2001.
The agreement covers:
- Pneumatic compression devices;
- PCD sleeves;
- Foot pumps;
- Anti-embolism stockings.
The contract is expected to generate in excess of $100 million in sales for Kendall and $13 million in savings for VHA and UHC members. The agreement provides discounts for committed purchasing, firm pricing throughout the term of the agreement, standardization and utilization resources, and continuing education resources and product training.
The agreement also extends to organizations that purchase supplies through HealthCare Purchasing Partners International LLC, a group purchasing company that markets Novation contracts to organizations that do not belong to VHA or UHC.
The Kendall Co., based in Mansfield, Mass., is a division of Tyco International LLC. The company has annual sales of $3.2 billion.
Isolyser Company, Inc., Norcross, Ga., has agreed to divest itself of one subsidiary while at the same time forming an alliance with a consulting organization to facilitate the commercialization of Isolyser technologies.
MedSurg Industries, Inc., an Isolyser subsidiary, will be sold to Allegiance Healthcare Corp., a subsidiary of Cardinal Health, Inc. Allegiance will also receive a worldwide, exclusive license to convert, use and sell products made with Isolyser’s proprietary degradable materials known as OREX[umlaut] and Enviroguard[ordinal indicator, feminine] for worldwide distribution.
Allegiance will develop health care products using the OREX degradable technology for marketing and distribution by Allegiance. MedSurg currently assembles and distributes sterile and non-sterile procedure trays and packs for hospitals and other health care institutions.
Isolyser will team with Delta Environmental Consultants, Inc., St. Paul, Minn., to gain access to Delta’s environmental expertise and provide products to Delta’s customers.
Isolyser’s OREX degradables, hot water soluble polymers, are used in medical applications for woven and nonwoven fabrics, The Delta alliance is said to provide the company with global environmental engineering and wastewater capability that will aid in the development of the company’s industrial business base.