MAQUET Cardiovascular signs single source provider contract with Novation for its VASOVIEW EVH System

MAQUET Cardiovascular LLC, a leading provider of cardiovascular technologies, today announced that it has signed a three-year single source provider contract with Novation, the industry's leading supply contracting company, for MAQUET's market-leading VASOVIEW Endoscopic Vessel Harvesting (EVH) Systems. The VASOVIEW products assist healthcare providers in obtaining veins for repair of blocked coronary arteries using only small incisions. This allows for faster healing, less postoperative pain and scarring and potentially reduced risk of complications, such as infection, compared with open vein retrieval methods.

"Receiving Novation's single source provider contract for our EVH products affirms MAQUET's role as the industry leader in EVH technology," said Raoul Quintero, President of MAQUET Cardiovascular U.S. Sales LLC. "Our team is looking forward to developing partnerships with the members Novation serves. This agreement will provide the critical EVH products and support that benefit the cardiac surgery teams who will use them, as well as their patients who are undergoing a more minimally invasive surgical procedure."

The agreement was effective on November 1, 2009, and runs through September 2012. Under the terms of the agreement, MAQUET Cardiovascular will be the exclusive provider of EVH devices and supplies to the members of VHA Inc., University HealthSystem Consortium (UHC) and Provista.

"Following a rigorous review by our technology assessment and contracting teams, MAQUET met all of our process requirements for the single source contract," said Scott Crandall, Senior Director, Contract Services Cardiology at Novation. "This contract supports our continued service to members to access the highest quality technology that will best meet their needs. We are pleased to add this to the agreements we hold with MAQUET Cardiovascular."

SOURCE MAQUET Cardiovascular LLC

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