Novation launches non-injectable generics distributor program
Novation, the leading health care contracting services company, will implement a ground-breaking new program with pharmacy distributors to provide contract pricing on a portfolio of non-injectable generic drugs. Novationís pharmacy distributors, including AmerisourceBergen, Cardinal Health, McKesson and Morris & Dickson, will offer their proprietary non-injectable generic programs to members of VHA Inc, University HealthSystem Consortium (UHC: undefined, undefined, undefined%) and Provista. The non-injectable generic drug program includes products such as: tablets, capsules, topical creams and ointments, ophthalmic and otic solutions, oral liquids and respiratory products. The new program will supplement Novationís pharmacy portfolio, which offers memberís industry-leading value on a full selection of branded and injectable pharmaceuticals, NOVAPLUS(R: 28.37, 1.44, 5.35%) private brand products, and plasma products.
íMembers spend more than $12.5 billion a year through Novationís comprehensive pharmacy portfolio which features nearly 10,000 products,í said Mick Hunt, vice president, pharmacy at Novation. íNon-injectable generics are commodity products that represent about 3 percent of member pharmacy spend.í VHA, UHC and Provista members who participate in Novationís Pharmacy Program will receive:
* Better pricing on non-injectable generic drugs
* Quicker access to new generic products
* Improved product supply
* Enhanced value through increased member returns
Hunt adds, íMost members of VHA, UHC and Provista already purchase a portion of their non-injectable generic drugs through their distributorís contracts so we expect the transition to be seamless. We look forward to working with our pharmacy distributors to offer our mutual customers enhanced value and service.í The initial contract between Novation and participating distributors has been extended through April 30, 2013. In addition, Novation has created a dedicated team to work closely with the pharmacy distributors to assure product contract coverage, competitive pricing, and excellent supply availability. The Novation Pharmacy Distribution Council will provide member input into this relationship to assure member needs are met. NOVAPLUS(R: 28.37, 1.44, 5.35%) products, Novationís private label, are not included in this program. Novation will continue to contract directly for all NOVAPLUS pharmacy products, injectables, branded pharmaceuticals, plasma products and distribution services, pharmacy capital equipment, pharmacy distribution services and reverse distribution services.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.