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Contract awarded for products that potentially bring improvement to healthcare industry.
October 5, 2021
By: Globe Newswire
SeaSpine Holdings Corporation announced its 7D FLASH Navigation System has received an Innovative Technology contract from Vizient Inc., the nation’s largest member-driven health care performance improvement company. The contract was awarded outside of the standard competitive bid cycle based on recommendations by hospital experts and signifies to Vizient members the novel qualities of the 7D FLASH Navigation System that potentially bring improvement to the health care industry. Currently the 7D FLASH Navigation System is the only contracted vendor in the navigation category. Innovative Technology contracts are recommended after review and interaction with products submitted through Vizient’s Innovative Technology Program. Vizient member-led councils identify technologies that have the potential to enhance clinical care, patient safety, health care worker safety or improve business operations of health care organizations. The 7D FLASH Navigation System is the only approved image guidance system that utilizes a novel and proprietary camera-based technology and machine-vision algorithms. The system uses only visible light, reducing radiation exposure by eliminating intra-operative CT (computed tomography) and fluoroscopy for purposes of registration, both of which commonly are used with other technologies. This results in a registration workflow that takes just seconds and allows surgeons to control the system within the sterile field. “We are thrilled to receive the Innovative Technology contract from Vizient, as it highlights the importance of the transformative technology in our 7D FLASH Navigation System,” said Brian Stuart, SeaSpine’s Vice President of Sales for Enabling Technologies. “Vizient serves an important and large member base, and with this contract award, we are now even more accessible to this extensive network. Our dedicated team is excited and ready to accelerate our promise to deliver the clinical and economic value of radiation-free navigation technology to the healthcare community.” “A product receives this type of contract when it demonstrates a unique quality that differentiates it from other products on the market,” said Debbie Archer, Director of Procurement and Vizient Innovative Technology Program Leader. “Our member council determined that SeaSpine’s 7D FLASH Navigation System met this standard and recognizes its potential to improve quality outcomes.” Vizient represents a diverse membership base that includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks and non-acute health care providers and represents more than $100 billion in annual purchasing volume. Through its Innovative Technology Program, Vizient works with member-led councils and task forces to evaluate products for their potential to bring real innovation to health care. Vizient may award a contract to products deemed worthy of the Innovative Technology designation outside of the competitive bid cycle.
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