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Stereotaxis, Inc. (STXS) announced that Novation, a health care supply contracting company, will add Stereotaxis' Niobe(R) Remote Magnetic Navigation and Odyssey(TM) systems to its capital products contract portfolio. This is an exclusive agreement, and Stereotaxis' Niobe System will be the only robotic interventional technology among Novation's capital products offerings. This agreement is effective immediately.
Based in Irving, Texas, Novation serves more than 2,500 hospitals in VHA Inc., and University HealthSystem Consortium (UHC), two national health care alliances, and nearly 950 hospital members of Provista, LLC, one of the nation's largest supply chain improvement companies. In 2008, these members used Novation contracts to purchase nearly $35 billion in supplies and services.
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