IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. announced today that Stephen Downey has been appointed group senior vice president of supply chain operations for Vizient.
Vizient created this new role to complement its sourcing offering and extend its services to meet members' evolving supply chain needs. Downey will be responsible for the day-to-day procure-to-pay and outsourcing functions, including financial, resource and relationship management activities.
“We are excited to have Steve join us to lead our supply chain operations,” said Jody Hatcher, Vizient’s president of sourcing and collaboration services. “He brings tremendous experience in end-to-end supply chain operations, from manufacturing to patient delivery. He will do an excellent job of developing innovative service offerings that integrate supply chain operations and solutions to meet current and future needs in an ever-evolving industry.”
Downey joins Vizient from GEODIS, an international supply chain transport and logistics firm operating in 67 countries around the globe. He served as vice president of the U.S. healthcare vertical, where he drove double-digit growth for health care customers in this $9 billion third-party logistics organization, and most recently as senior vice president of the healthcare and consumer electronics vertical, where he led strategy and commercial activities for multimillion dollar accounts. Previously, he worked nine years in increasing roles of responsibility at Integra Life Sciences, a medical technology firm offering innovative solutions in orthopedic extremity surgery, neurosurgery, and reconstructive and general surgery. Prior to that, he worked at Scott Medical Products for 11 years in various business development and marketing roles.
Downey graduated from Lehigh University in Bethlehem, Pa., with a bachelor’s degree in electrical engineering and a master’s degree in management of technology.
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 serves a diverse membership and customer base which includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks and non-acute health care providers and represents almost $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 the recently acquired MedAssets’ Spend and Clinical Resource Management (SCM) segment, which includes Sg2. In 2016, Vizient received a World’s Most Ethical Company designation from the Ethisphere Institute. Vizient headquarters is based 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.