Vizient, Inc

Vizient, Inc. is a healthcare performance improvement company serving 97% of academic medical centers and over 69% of acute care hospitals in the United States. Founded in 1977 as Voluntary Hospitals of America (VHA), the company has evolved through strategic acquisitions including University HealthSystem Consortium, Novation, MedAssets SCM, Sg2, Intalere, and Kaufman Hall to become one of the nation's largest healthcare advisory organizations.

The company provides comprehensive solutions across supply chain management, group purchasing, clinical analytics, pharmacy optimization, strategic advisory services, and financial sustainability programs. Their approach combines proprietary data and benchmarking from a vast network of healthcare providers with consulting expertise to help organizations improve cost management, quality outcomes, and operational performance.

Notable client achievements include Baptist Memorial Health Care realizing $73M in operational improvements, Novant Health achieving all A's in systemwide quality ratings, and Ballad Health reducing pharmacy costs by $2.4M through collaborative spend management approaches.

Healthcare organizations should consider Vizient when they need enterprise-scale performance improvement backed by extensive industry data and proven methodologies. The company excels in situations requiring supply chain optimization, clinical benchmarking, pharmacy cost management, and strategic transformation initiatives where access to comparative analytics from peer organizations provides actionable insights.

Engagements typically involve a combination of membership-based group purchasing, subscription analytics platforms, and consulting services tailored to specific organizational priorities. Organizations can expect data-driven recommendations, collaborative problem-solving approaches, and access to a broad network of healthcare leaders facing similar challenges.

Vizient exclusively serves the healthcare industry with 100% focus on provider organizations including hospitals, health systems, academic medical centers, ambulatory care facilities, and specialty providers. The company demonstrates deep healthcare expertise through HIPAA compliance considerations, understanding of value-based care transitions, pharmacy benefit management, clinical quality improvement methodologies, and regulatory navigation including recent focus on the Inflation Reduction Act's Medicare drug pricing impacts and response strategies for major healthcare policy changes.

Their specialized offerings address healthcare-specific challenges including capacity constraints, physician performance evaluation, imaging excellence, cell and gene therapy management in pediatrics, and ambulatory-first strategic transformation reflecting current industry trends.

The ideal Vizient client is a mid-to-large healthcare system, academic medical center, or community hospital network seeking enterprise-wide performance improvement across multiple domains including supply chain, clinical quality, pharmacy, and financial operations. Organizations that value data-driven decision-making, benefit from peer benchmarking, and can leverage group purchasing power will maximize their investment in Vizient's membership and services.