Vizient press releases

  • 12/08/17
    IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. announces that Saint Luke’s Health System, in Kansas City, Missouri, has renewed its membership agreement. The agreement continues their access to the Vizient group purchasing portfolio for their acute and nonacute facilities, as well as analytics related to market dynamics from Vizient subsidiary company, Sg2. Saint Luke’s will also continue to utilize several analytics solutions such as Vizient Clinical Data Base andmore...
  • 12/05/17
    IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. announces that UCHealth has renewed its membership agreement. The agreement continues the Colorado-based health system’s access to the Vizient group purchasing contract portfolio and will optimize the delivery of sourcing, analytic, advisory and collaboration services. The agreement gives UCHealth access to Vizient’s newest analytic tools including Savings Actualyzer and OR Explorer and resources to assist withmore...
  • 11/16/17
    IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc., is disappointed that the revised Senate version of the Tax Cuts and Jobs Act includes the elimination of the Affordable Care Act’s individual mandate. While this is not a full repeal of the ACA, it could have a similar effect by eliminating critical financial underpinnings. We believe this provision would further destabilize insurance markets and have significant, negative impacts on individuals’ ability to afford theirmore...
  • 11/16/17
    IRVING, Texas--(BUSINESS WIRE)--Purchased services generally accounts for more than 20 percent of a hospital’s total annual expenses and includes more than 300 product categories. To help supply chain professionals efficiently tap into savings opportunities for these services, Vizient, Inc. has launched a new purchased services module within its Savings Actualyzer supply analytics platform. The new module enables supply chain managers to view categorized spend, identifymore...
  • 11/08/17
    IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc., today expressed concern with certain provisions of H.R.1, the Tax Cuts and Jobs Act, specifically the termination of private activity bonds. Under current law, interest on these bonds is excluded from gross income and exempt from tax, which is critical to 501(c)(3) organizations’ ability to finance their debt. Lower borrowing costs mean hospitals can offer more services, lower costs for patients, provide necessarymore...
  • 11/07/17
    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 organizationsmore...
  • 11/07/17
    IRVING, Texas--(BUSINESS WIRE)--Vizient Inc. today announced that NorthShore University HealthSystem, in Evanston, Ill., has expanded its membership agreement to include Vizient’s Clinical Data Base/Resource ManagerTM (CDB) analytics tools to guide performance improvement initiatives. By expanding its agreement with Vizient to include this analytics solution, NorthShore is augmenting its commitment to lowering health care costs while simultaneously improving patient outcomesmore...
  • 11/02/17
    IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. today announced its disappointment with the decision by the Centers for Medicare & Medicaid Services to finalize a policy that drastically reduces Medicare payments to hospitals participating in the 340B Drug Pricing Program. Reducing Medicare reimbursements to 340B hospitals will do nothing to address the rising cost of prescription drugs and will only threaten the ability of safety-net hospitals to continue tomore...
  • 10/31/17
    IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. today announced that it is ranked by Modern Healthcare as one of the largest health care management consulting firms. The company ranked fifth among 25 firms in the publication’s annual survey. “Vizient is proud to be ranked by Modern Healthcare as one of the largest health care management consulting firms in the country,” said Bharat Sundaram, president, analytics and advisory services for Vizient. “The industry ismore...
  • 10/10/17
    IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. today announced the product categories and suppliers participating in its Quarter 4 National Group Buys Program available October 1 through December 31, 2017. Vizient’s innovative National Group Buys Program is one of several strategic programs designed to deliver additional savings to the member hospitals it serves. GE Healthcare, the featured supplier for Quarter 4, is offering savings opportunities across theirmore...