Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

April 25, 2015 10:07 PM ET

Healthcare Providers and Services

Company Overview of Novation, LLC

Company Overview

Novation, LLC operates as a health care supply chain analytics and contracting company. It delivers contract and price management, and spend management services; and offers alliance members with sourcing services, as well as information and data services. The company also provides white papers, reports, and industry surveys; advisory services; and a suite of custom sourcing and committed programs. In addition, it offers data management and resources to deliver insights and actionable data to clients; develops and manages competitive contracts with various suppliers by representing its customers to negotiate for prices of medical devices, goods, and devices; and eSourcing service, an electron...

290 East John Carpenter Freeway

Irving, TX 75062

United States

Founded in 1997





Key Executives for Novation, LLC

Chief Executive Officer and President
Age: 48
Chief Financial Officer and Vice President
Age: 46
Senior Vice President, General Counsel and Ethics & Compliance Officer
Group Senior Vice President of Sourcing Operations
Senior Vice President of Sourcing Operations
Compensation as of Fiscal Year 2014.

Novation, LLC Key Developments

Bacterin International Holdings, Inc. Announces Contract Extension with Novation

Bacterin International Holdings, Inc. announced that it has extended its contract with Novation for an additional year. The extension will allow Bacterin to continue to supply Novation members with OsteoSponge, OsteoSelect DBM Putty, and other proprietary Bacterin allografts. Novation develops and manages competitive contracts with more than 700 suppliers. As a biologic supplier, Bacterin is one of only three companies with a contract for demineralized bone matrix technologies and one of four allograft suppliers.

Novation Enters into First Sole-Source Heart Valve Agreement with Edwards Lifesciences

Novation and Edwards Lifesciences Corporation announced they have entered into a three-year, sole-source strategic relationship that provides heart valve therapies to the more than 100,000 members and affiliates of VHA, UHC, Children's Hospital Association and Provista. The new agreement with Edwards for its heart valve product portfolio enables Novation to enter the heart valve category for the first time, and expands on the previous relationship between the companies for critical care technologies.

Parkland Health & Hospital System Partners with UHC and Novation

UHC announced that Parkland Health & Hospital System has partnered with UHC and its supply contracting company, Novation, on a new three-year cost-saving initiative. UHC will provide a multitude of services and assistance, including UHC's comprehensive supply chain management suite-UHC Supply Chain Intelligence-to ensure the success of the initiative. UHC will continue to give Parkland access to Novation's price-competitive supply contracts and UHC's advanced supply chain analytics, consulting, and tools for improving supply utilization and standardization.

Similar Private Companies By Industry

Company Name Region
NewHope Bariatrics, Inc. United States
Molina Healthcare of Virginia, Inc. United States
Advanced Orthopedic Center, Inc. United States
Doctors Osteopathic Medical Center, Inc. United States
Genesis Surgery Center, LLC United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Novation, LLC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at