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Telecare Corporation Awarded New Contract From Novation for Behavioral Health Management Services and Consulting

ALAMEDA, CA -- (Marketwired) -- 03/05/14 -- Telecare Corporation (www.telecarecorp.com) announced today that it has entered into an agreement with Novation (www.novationco.com) to offer behavioral health management and consulting services to the members served by Novation, which include the more than 100,000 hospitals and affiliates of hospitals VHA, Inc., UHC, Children's Hospital Association, and Provista. The new contract was effective March 1, 2014.

"Contracting with Novation is an important opportunity for us," said Anne Bakar, Chief Executive Officer of Telecare Corporation. "We are now able to make our innovative mental health services available to a much larger national network of health care systems." She noted that Novation covers 40 percent of all staffed beds in the U.S., 45 percent of all hospital admissions, and 94 percent of the nation's academic medical centers.

As an awarded Novation supplier, Telecare now becomes a service provider option for health care organizations seeking to add a new psychiatric service or enhance the performance of an existing behavioral health program.

About Telecare
Telecare is based in Alameda, California, and is one of the largest providers of mental health services in the U.S. Telecare works in partnership with hospitals and other behavioral healthcare organizations to design and provide recovery-focused services for high-risk individuals. Telecare is employee-and-family-owned with over 2,600 employees and more than 80 programs in California, Nebraska, New Mexico, North Carolina, Oregon, Pennsylvania, Texas, and Washington.

About Novation
Founded in 1998, Novation is the leading health care supply chain expertise, analytics and contracting company for the more than 100,000 members and affiliates of VHA Inc. and UHC, two national health care alliances, Children's Hospital Association, an alliance of the nation's leading pediatric facilities, and Provista, LLC. Novation provides alliance members with sourcing services, as well as information and data services. Based in Irving, Texas, Novation develops and manages competitive contracts with more than 800 suppliers.

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