Vizient Company Research Report
Company Overview
Name, Mission of the Company
- Name: Vizient Inc.
- Mission: Vizient helps members improve their healthcare performance through the alignment of cost, quality, and market performance, enabling them to concentrate on delivering high-quality patient care.
Founding Information
- Founded: VHA (Voluntary Hospitals of America) which led to the creation of Vizient was created in 1977.
Key People
- Byron Jobe: President and Chief Executive Officer
- Kate Guelich: President, Consulting
- Simrit Sandhu: President, Spend Management
- Bharat Sundaram: President, Data & Digital
- Leslie Anderson: Chief Strategy Officer
- Rand Ballard: Chief Customer Officer
- David Berry: Chief Legal Officer
- David Ertel: Chief Financial Officer
- Patty Olsen: Chief People Officer
- Taylor White: Chief Integration and Transformation Officer
- Monica Davy: Chief Culture, Diversity, and Impact Officer
Headquarters
- Location: No information is available
Number of Employees
- No information is available
Revenue
- No information is available
Known For
- Vizient is known as the leading healthcare performance improvement company, offering access to advanced analytics, collaboration networks, and industry-leading practices.
Products
Product Offerings and Descriptions
- Capital Spend Insights: A web-based solution for transforming medical equipment procurement by automating quotes, integrating real-time data, and offering strategic insights.
- Data & Digital Managed Services: Services aimed at maximizing the value of analytics solutions to help healthcare providers derive more value from their data and digital portfolio.
Key Features
- Capital Spend Insights:
- Automates the procurement process.
- Integrates real-time data and provides strategic insights.
Recent Developments
Recent Developments in the Company
- Vizient completed the acquisition of Intalere in 2021, further expanding its capabilities to meet the needs of a diverse membership and customer base.
New Products Launched
- Capital Spend Insights: Recently introduced to improve procurement and offer strategic insights in medical equipment purchasing.
New Features Added
- No new features specifically mentioned for existing products.
Partnerships
- Intalere acquisition provides a platform for enhanced cooperation with various healthcare facilities, including academic medical centers and rural hospitals.
Summary
This report detailed Vizient's strategic role in healthcare performance improvement by offering innovative products and services such as Capital Spend Insights and Data & Digital Managed Services. Vizient's leadership team is at the forefront of advancing strategies in healthcare operations, finance, and quality improvement, as evidenced by recent acquisitions and service enhancement efforts.
