Who We Are

The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.

Choose NJ’s RFP Watch

Choose New Jersey’s RFP Watch provides up-to-date information on business opportunities throughout the Garden State at a cost that is affordable for all companies – with a place of business in New Jersey – large and small.

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Health-Care Prices Are in the Longest Slowdown on Record

Washington, DC, July 24, 2015 ― John Tozzi reports in Bloomberg that the price of health care has grown more slowly than core consumer prices—what Americans spend on everything except food and energy—over the past five years. It’s the first time that’s happened since record-keeping started in 1959.

That’s a remarkable break from decades of health-care prices outpacing inflation, Tozzi reports.

However, consumers shouldering a greater share of their medical costs may not notice the difference.

Goldman Sachs economist Alec Phillips pointed out the milestone in a research note on July 22. His analysis uses a broad measure of health-care prices, including what health providers charge government programs such as Medicare and Medicaid.

For John Tozzi’s complete Bloomberg story, click here.