Vizient Presents Supply Chain Excellence Awards at the 2019 Connections Education Summit

IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. today announced the winners of their Supply Chain Operational Excellence, Supplier Diversity Excellence and Environmentally Preferred Sourcing Excellence awards for 2019. The awards, which recognize outstanding performance of member health systems in four cohorts, were presented during the 2019 Vizient Connections Education Summit held Sept. 16-19 in Las Vegas. “This year’s award winners demonstrate the highest level of rigor in product cost and More

Vizient Honors Community Partners of Dallas with 2019 Norman Borlaug Humanitarian Award

IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc., has selected Community Partners of Dallas as the winner of its annual Norman Borlaug Humanitarian Award honoring the organization’s work helping abused children. Vizient presented the award, which included a $50,000 grant, Sept. 18 at the 2019 Vizient Connections Education Summit in Las Vegas. Vizient’s humanitarian award is named for the late Dr. Norman Borlaug, an agronomist who was known as “the man who saved a billion lives” for his More

Vizient Enhances DataLYNX with Compressed ERP Descriptions, GTINs and Product Attribute Detail

IRVING, Texas--(BUSINESS WIRE)-- Vizient, Inc. today announced the roll out of enhancements to its item master management platform, DataLYNXTM . This solution offers users several new tools for more effective item master management. The enhancements include compressed ERP descriptions, “on-demand” Global Trade Item Numbers (GTIN) and product attributes for environmentally preferred products (EPP), which improve item master data quality and completeness. “Enterprise resource planning (ERP) More

Vizient Announces 21 New, Renewed or Expanded Member Agreements in Q2 of 2019

IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. announces 21 new, renewed or expanded member agreements with health care organizations in the second quarter of 2019. These new agreements include academic medical centers, community hospitals, integrated health delivery networks and non-acute health care providers, and may cover some or all of the services and solutions available in the Vizient portfolio. “These new member agreements demonstrate the value health care organizations are finding in More

Vizient and Huggies® Brand Partner at the 2019 Vizient Connections Education Summit to Raise Awareness for Diaper Need

IRVING, Texas--(BUSINESS WIRE)--During its annual fall Connections Education Summit Sept. 16-19 in Las Vegas, Vizient, Inc. will again partner with Huggies in their commitment to support communities end diaper need by donating 10,000 diapers to HELP of Southern Nevada Diaper Bank, a member of the National Diaper Bank Network. According to the 2017 study commissioned by Huggies, 36% of U.S. families struggle to provide fresh, clean diapers for their babies. Attendees at the event will have More

Vizient Recognizes Members for Achievements in Supply Chain Savings

IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc., has recognized 269 member health care organizations for demonstrating excellence in lowering costs in the supply chain. Through the Impact Standardization Program, these hospitals streamlined their purchasing practices in designated product categories, earning rebates and in many cases attaining lower pricing from manufacturers. Since the Impact program’s inception in 1996, Vizient has delivered over $1.95 billion in rebate value to the More

Application Process Opens for Vizient 2020 Innovative Technology Exchange

IRVING, Texas--(BUSINESS WIRE)--Suppliers interested in showcasing their innovative technology to hospital decision makers from across the country are encouraged to submit their application now to participate in the 2020 Vizient Innovative Technology Exchange. The event is part of Vizient’s Spring Connections Summit, which takes place the week of March 30 to April 3 at the Wynn in Las Vegas. The deadline to apply is Nov. 22. The Innovative Technology Exchange offers up to 100 selected More

The Vizient 2019 Connections Education Summit Set for September

IRVING, Texas--(BUSINESS WIRE)-- Vizient, Inc. today announces it will host the 2019 Connections Education Summit, Sept. 16-19, in Las Vegas. The annual fall conference offers members, industry experts and suppliers a blended networking and educational programming agenda with innovative perspectives and strategies to improve clinical outcomes, ensure patient safety and reduce costs. The event is designed for CEOs, CNOs, CQOs, COOs, CFOs and health care leaders in clinical, pharmacy, More

Vizient Drug Price Forecast Projects 4.57 Percent Increase in Hospital Drug Spending for 2020

IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. has released its July 2019 Drug Price Forecast projecting health systems, including inpatient and non-acute environments, can expect a 4.57 percent increase for pharmaceutical purchases made from Jan. 1, 2020 to Dec. 31, 2020. The forecast also includes projections for specialty pharmacy and pediatric-specific medications. An executive summary of the Drug Price Forecast can be accessed here. “This Drug Price Forecast predicts continued growth of More

Vizient Voices Disappointment with CMS’ Proposed Outpatient Prospective Payment System Rule

IRVING, Texas--(BUSINESS WIRE)--Vizient today voiced its disappointment with the calendar year (CY) 2020 proposed outpatient prospective payment system (OPPS) rule issued late yesterday by the Centers for Medicare and Medicaid Services (CMS). In the proposed rule, CMS intends to build on previous price transparency guidance by defining “standard charge” to include payer-specific negotiated rates, in addition to gross charges. Vizient and its member hospitals support efforts that help ensure More