IRVING, Texas, June 21, 2024 — Vizient, Inc. welcomed Adventist Health to its customer base for solutions in spend management and strategic growth. The agreement was effective in the last quarter of 2023.
"Vizient provides data-enabled consulting services to help providers reduce costs and improve quality of care," said Rand Ballard, Vizient chief customer officer. "Working together with Adventist Health, I am confident we will continue their journey of delivering high-value care at optimal efficiency."
The Adventist Health agreement includes access to solutions that will drive cost efficiencies, including:
- Vizient Commit for aggregated purchasing in select medical-surgical categories.
- PPI Commit for aggregated purchasing in physician preference items.
- Purchased services-indirect Spend for analysis and savings opportunities on more than 350 categories.
- Supply Analytics for insights into spend, price data, customized analytics and benchmarking.
- Pharmacy Analytics for insights across more than 12,000 products and services.
For clinical and operational improvement, Adventist Health gains access to:
- Vizient Clinical Data Base for high-quality, accurate and transparent data on patient outcomes, enabling benchmarking against peers.
- Vizient Operational Data Base for transparent, comparative insights on the operational characteristics of hospital departments to support performance improvement, budgeting and cost reduction initiatives.
- Member Networks for data-driven thought leadership, leading practice sharing, problem solving and member roundtables.
"At Adventist Health, we make every effort to be good stewards of our resources," said John Beaman, Adventist Health chief financial officer. "We look forward to a strong working relationship with Vizient to continue providing the best care at optimal value for our patients and communities."
Learn more about the Vizient Operational Data Base.
About Adventist Health
Adventist Health is a faith-based, nonprofit, integrated health system serving more than 100 communities on the West Coast and Hawaii with over 440 sites of care, including 28 acute care facilities. Founded on Adventist heritage and values, Adventist Health provides care in hospitals, clinics, home care, and hospice agencies in both rural and urban communities. Our compassionate and talented team of more than 38,000 includes employees, physicians, Medical Staff and volunteers driven in pursuit of one mission: living God's love by inspiring health, wholeness, and hope. We are committed to staying true to our heritage by providing patient-centered, quality care. Together, we are transforming the healthcare experience with an innovative and whole-person focus on physical, mental, spiritual and social healing to support community well-being.
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, which includes 97% of the nation's academic medical centers, and more than 35% of the non-acute care market. Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents $140 billion in annual purchasing volume. Solutions and services from Vizient improve the delivery of high-value care by aligning cost, quality and market performance. Headquartered in Irving, Texas, Vizient has offices throughout the United States. Learn more at www.vizientinc.com.