TRIOSE, INC. Awarded First Novation NOVAPLUS® Contract for Freight Management Services

Reading, PA, December 10, 2014 – Officials of the logistics management firm TRIOSE, Inc. and Novation today announced that TRIOSE will offer its full suite of hospital freight management solutions under a Novation contract within the NOVAPLUS private label. NOVAPLUS is the private label of Novation, which serves four nationwide health care alliances, including VHA, the UHC, Children’s Hospital Association (CHA) and Provista.

The new agreement includes freight management, large cargo freight and courier management solutions, which can provide savings of 30 percent or higher to the more than 100,000 hospitals and healthcare systems that Novation serves. Each of these programs is designed to reduce supply chain expense, efficiently manage the movement of supplies and enhance revenue.

“It is an honor to be the newest supplier for NOVAPLUS and to build upon our freight management work with Novation and its breadth of affiliated hospital and healthcare systems,” said CJ Joyner, CEO and President of TRIOSE. “Through this partnership, it is our goal to provide comprehensive logistics solutions that will help members served by Novation achieve a higher level of supply chain savings and allow them to focus on their core competency – caregiving.”

The NOVAPLUS and TRIOSE freight management program offers a streamlined implementation process requiring very minimal time from the hospital staff and includes no upfront costs.

“We are excited about the opportunity that the TRIOSE agreement represents for the members Novation serves,” said Kathryn Kimbrell, Director of Novation’s NOVAPLUS Program. “We are pleased that this first-ever freight management agreement under the NOVAPLUS label will offer such significant savings at a time when cost reduction is so critically important to provider organizations.”

Through the agreement made effective on October 1, 2014, TRIOSE will be marketed using the recognition and support of the highly recognized NOVAPLUS private label program, which delivers the best financial value on products and services that hospitals use most frequently. For more information on TRIOSE logistics solutions, please visit www.triose.com.

About TRIOSE, Inc.

TRIOSE, Inc. (TRIOSE) is a nationwide logistics management firm specializing in managed solutions for the healthcare industry. Working hand-in-hand with hospitals and health systems nationwide, TRIOSE delivers smart, full-service solutions for inbound and outbound freight management needs; lowers supply chain costs; and drives change for better healthcare in our communities. Solutions include freight management, large cargo freight, courier management and 3PL consulting. While TRIOSE has relationships with hundreds of carriers and customizes carrier solutions for each of its clients, the company is proud to have a strategic corporate alliance with UPS®.

Privately held since 1999, TRIOSE is headquartered in Reading, PA. TRIOSE was selected as number one on the Greater Reading Chamber of Commerce & Industry's Top 50 Businesses list for 2014 and part of the 2014 Inc. 5000: Fastest-Growing Private U.S. Companies list. Learn more at www.triose.com.

About NOVATION, Recipient of the Ethisphere Institute’s Ethics Inside Certification

Novation is the nation’s leading health care services company, focused on revolutionizing operational performance for more than 100,000 members and affiliates of VHA Inc., UHC, Children's Hospital Association and Provista LLC. Novation’s progressive approach to cost performance, data and intelligence, and integrated advisory solutions helps health care providers envision and advance new models of cost-effective, high-quality care. Headquartered in Irving, Texas, Novation is committed to the highest standards of ethical behavior and twice has been honored with the Ethisphere Institute’s coveted Ethics Inside® Certification, and has been named three years consecutively to Ethisphere’s World’s Most Ethical Companies list. To learn more about Novation, please visit novationco.comand follow @NovationNews on Twitter.