IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. announces that Lifespan, in Providence, Rhode Island, has signed a long-term renewal of its membership agreement to access Vizient’s group purchasing portfolio and analytic solutions, including the Vizient Clinical Data Base and Resource ManagerTM and the Vizient Savings Actualyzer platform.
“Vizient has enjoyed a relationship with Lifespan for more than 30 years, and we are honored to continue to work with them. Our relationship will center on helping them achieve full clinical-supply integration, ultimately leading to lower costs and higher quality outcomes. They are an industry leader, and we look forward to working side-by-side with them to find greater efficiency that leads to greater effectiveness,” said Rand Ballard, chief customer officer for Vizient.
“We are excited to continue our strong relationship with Vizient. By using a combination of Vizient’s supply chain services and their various analytic tools, we are able to heighten our focus on the quality of the care we deliver while controlling costs and eliminating unnecessary variation in care. Vizient has been, and remains, a valuable partner in helping us better serve our patients and our community,” says Timothy Babineau, MD, president and chief executive officer for Lifespan.
Lifespan is a five-partner not-for-profit health system based in Providence, R.I. Formed in 1994, Lifespan includes three teaching hospitals of The Warren Alpert Medical School of Brown University: Rhode Island Hospital and its Hasbro Children’s Hospital; The Miriam Hospital; and Bradley Hospital, the nation’s first psychiatric hospital for children. It also includes Newport Hospital, a community hospital offering a broad range of health services, and Gateway Healthcare, the state’s largest provider of community behavioral health care. Lifespan teaching hospitals are among the top recipients in the country of research funding from the National Institutes of Health. The hospitals received $80 million in external research funding in fiscal 2016. All Lifespan-affiliated partners are charitable organizations that depend on support from the community to provide programs and services.
About Vizient, Inc.
Vizient, Inc., the largest member-driven health care performance improvement company in the country, provides innovative data-driven solutions, expertise and collaborative opportunities that lead to improved patient outcomes and lower costs. Vizient’s diverse membership base 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. The Vizient brand identity represents the integration of VHA Inc., University HealthSystem Consortium and Novation, which combined in 2015, as well as MedAssets’ Spend and Clinical Resource Management (SCM) segment, including Sg2, which was acquired in 2016. In 2017, Vizient again received a World’s Most Ethical Company designation from the Ethisphere Institute. Vizient’s headquarters are in Irving, Texas, with locations in Chicago and other cities across the United States. Please visit www.vizientinc.com as well as our newsroom, blog, Twitter, LinkedIn and YouTube pages for more information about the company.