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Vizient Recognizes 16 Children’s Hospitals for Performance Achievements in 2017

11/07/17

Dateline:

IRVING, Texas
"Beyond the cost savings and rebates participants earn through participation in the programs, the benefit of reducing variation in their supply formularies also streamlines inventory management and reduces clinical variation. Vizient is pleased to honor the achievements of these CHA members."

IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. today announced the winners of its supply chain program awards for participating Children’s Hospital Association (CHA) members. The awards, which recognized the outstanding performance of 16 children’s hospitals, were presented at CHA’s Improving Performance Conference, held on October 9-12 in Indianapolis.

“Our supply chain program for CHA members has become a valuable tool that helps these organizations reduce supply costs while not compromising their clinicians’ ability to access the highest quality products as they treat the unique needs of pediatric patients,” said Michael Ainsworth, vice president, sales and client management for Vizient. “Beyond the cost savings and rebates participants earn through participation in the programs, the benefit of reducing variation in their supply formularies also streamlines inventory management and reduces clinical variation. Vizient is pleased to honor the achievements of these CHA members.”

The Vizient Program Achievement Award recognizes the top participating CHA members for their commitment and participation in the Vizient Impact Standardization Program and the NOVAPLUS Preferred Pediatric Program and Vizient contracting programs. The 2017 winners are:

  • Arkansas Children’s Hospital
  • Miami Children’s Health System
  • Nationwide Children’s Hospital

The Preferred Pediatric Program Participation Award recognizes the top CHA members who have broad participation with our Preferred Pediatric Program signature suppliers. The 2017 winners are:

  • Children’s Hospital & Medical Center
  • Children’s Hospital of the King’s Daughters
  • Connecticut Children’s Medical Center

The Advanced Analytics Price Index Improvement Award recognizes the top participating CHA members who have achieved the most improved price index from use of the Vizient Advanced Analytics Predict Price Performance and Vizient Savings ActualyzerTM tools over the prior 12-month period. The 2017 winners are:

  • Children’s Healthcare of Atlanta
  • Children’s Hospital of Wisconsin
  • East Tennessee Children’s Hospital

The Advanced Analytics Price Index Performance Award recognizes the participating CHA member with the lowest price index from use of Vizient Advanced Analytics Predict Price Performance and Vizient Savings ActualyzerTM tools over the 12-month period. The 2017 winner is:

  • Seattle Children’s Hospital

The Pharmacy NOVAPLUS Compliance Award recognizes the participating CHA members with the best NOVAPLUS pharmacy compliance percentages over the prior 12-month period. The 2017 winners are:

  • CHOC Children’s
  • St. Jude Children’s Research Hospital

The Pharmacy NOVAPLUS Compliance Improvement Award recognizes the participating CHA members with the biggest NOVAPLUS pharmacy compliance improvement over the prior 12-month period. The 2017 winners are:

  • Children’s Hospital and Medical Center
  • Children’s Hospital San Diego
  • Cook Children’s Health Care System
  • Dayton Children’s Hospital

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.

Contact:

Vizient, Inc.
Angie Boliver, 972-830-7961
angie.boliver@vizientinc.com

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