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April 8, 2013 /PRNewswire/ -- Novation, the leading health care supply chain expertise and contracting company for the members of VHA Inc., UHC, Children's Hospital Association, and Provista LLC, is proud to announce their selection as a finalist for the Gartner, Inc. 2013 Business Intelligence (BI) & Analytics Excellence Award in the North America. The Gartner BI & Analytics Excellence Awards highlight world-class BI, Analytics and Performance Management initiatives and their successes, challenges and insights. As a finalist, Novation was invited to present at the BI & Analytics Excellence Awards Keynote on
March 19 at the Gartner Business Intelligence and Analytics Summit in
Novation, in conjunction with the VHA and UHC alliances, developed an entire suite of applications to address a hospital's entire supply chain process from start to finish by supporting member hospitals' connectivity across their supply chain operations. The applications include price-benchmarking and cost-management analytics in the medical, surgical and pharmaceutical areas. To allow member hospitals instant access and on-the-go decision support, Novation developed mobile versions of all their analytics applications.
"We were the first to launch a mobile BI supply chain application in the health care industry, and we continue to set the bar in the industry's mobile BI space," says
Dan Sweeney, senior vice president, information and data services, Novation. "Helping hospitals drive down supply costs so they have more resources to dedicate to patient care is more important than ever. Today's health care organizations are facing multiple financial challenges in a rapidly changing landscape. We believe it's not sufficient to develop an application and sit back and watch. Instead, we regularly improve the user experience and enhance our BI and analytics offerings."
Novation has a strong track record of developing award-winning analytic applications. For example, in 2011 Novation was recognized by MicroStrategy for Excellence in Enterprise-Class Business Intelligence. In 2012, Novation was included on
Supply and Demand Chain Executive magazine's "100 Great Supply Chain Projects" list for its successful implementation of an innovative e-Sourcing solution. And, Novation was recognized as a 2012 Best Practice Award Winner in the Emerging Technologies and Methods category by The Data Warehousing Institute (TDWI).
"In order to allow member hospitals instant and on-the-go decision support, we made all our analytics applications mobile," says Guillermo Ramas, vice president, information and data services, business development, Novation. "The value of any BI initiative – mobile or web, internal or external facing – is dependent on how much business value you can provide to the user. These apps allow procurement resources, pharmacists, physicians and internal field teams to make data-driven decisions on price, spend and other supply information in a mobile setting."