IRVING, Texas, June 11, 2024 – Vizient, Inc. announced today a renewed agreement with University of California Health to support their quality and financial performance improvement with customized solutions of technology and expertise. The agreement includes access to Vizient's industry-leading contract portfolio for medical devices, supplies and pharmaceuticals, participation in Vizient Member Networks, Supply Analytics and the Vizient Clinical and Operational Data Bases.
"As providers grow their volume and market presence, they want to ensure supply costs are optimal to align with overall market performance," said Rand Ballard, chief customer officer, Vizient. "Working together, we will continue to drive efficiencies across the health system while supporting the delivery of high-quality patient care."
The overall agreement provides foundational structures, resources and tools to deliver improvement in quality and cost while accelerating growth to expand services across California. In addition to access to Vizient's contract portfolio, the agreement enables University of California Health to leverage Vizient Supply Analytics, which assembles healthcare data from multiple sources to provide insights into spend and analyze savings opportunities.
Participation in the Vizient Clinical Data Base will provide access to transparent data on patient outcomes to benchmark quality performance against peers, identify opportunities for improvement and reduce variation in care.
As a participant in Vizient Member Networks, executives from University of California Health can connect with peers and subject matter experts for performance improvement learnings. Vizient Member Networks offer data-driven thought leadership, leading practice sharing, problem solving and member roundtable discussions.
"Our six academic health centers deliver world class, quality health care," said Dougie Graham, chief transformation officer, University of California Health. "We will continue our systemwide efforts to make delivery of top-quality care as cost efficient as possible to ensure Californians are getting the most value in their health care experiences."
Vizient is the nation's largest provider-driven healthcare performance improvement company. Learn more about Vizient Member Networks.
About University of California Health
University of California Health comprises six academic health centers – UC Davis Health, UCI Health, UCLA Health, UC Riverside Health, UC San Diego Health and UCSF Health; 20 health professional schools; a Global Health Institute; and systemwide services that improve the health of patients and the University's students, faculty and employees. All of UC's hospitals are ranked among the best in California and its medical schools and health professional schools are nationally ranked in their respective areas.
About Vizient, Inc.
Vizient, Inc., the nation's largest provider-driven healthcare performance improvement company, serves more than 65% of the nation's acute care providers, including 97% of the nation's academic medical centers, and more than 35% of the non-acute market. The Vizient contract portfolio represents $140 billion in annual purchasing volume enabling the delivery of cost-effective, high-value care. With its acquisition of Kaufman Hall in 2024, Vizient expanded its advisory services to help providers achieve financial, strategic, clinical and operational excellence. Headquartered in Irving, Texas, Vizient has offices throughout the United States. Learn more at www.vizientinc.com.