NEWS RELEASE

Vizient Urges Congress to Support Hospitals as Government Funding Negotiations Continue

Company

IRVING, Texas (BUSINESS WIRE), January 25, 2022 - As negotiations around fiscal year 2022 government funding continue, Vizient, Inc. shared a letter with House and Senate leadership urging Congress to consider hospital policy priorities to respond to the ongoing COVID-19 pandemic. Over the last several years, America’s hospitals and health care professionals have been strained by increased COVID-related hospitalizations, staffing shortages, inflation and other rising costs.

Congress has provided critical relief to hospitals in multiple legislative packages during the pandemic, but the needs continue — and those challenges have accelerated with the rapid surge of the delta and omicron variants. Vizient urges Congress to provide critical investments in the Provider Relief Fund, support investments in both current and future health care workforce, suspend pending Medicare sequestration payment cuts, provide additional repayment flexibility to the Advanced and Accelerated Payments Program, and ensure 340B hospitals continue to maintain their eligibility in the program.

“Hospitals and health care professionals are burnt out and feeling the weight of these ongoing challenges,” said Shoshana Krilow, senior vice president of public policy and government relations for Vizient. “Congress has taken many essential steps to provide critical support for hospitals and caregivers, but more relief is needed to aid our nation’s hospitals and their staff as they continue to operate under enormous clinical and operational pressures.”

Vizient is the nation’s largest member-driven health care performance improvement company, providing innovative data-driven solutions, expertise and collaborative opportunities that lead to improved patient outcomes and lower costs.

About Vizient, Inc.

Vizient, Inc. provides solutions and services that improve the delivery of high-value care by aligning cost, quality and market performance for more than 50% of the nation’s acute care providers, which includes 97% of the nation’s academic medical centers, and more than 20% of ambulatory care providers. Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents more than $110 billion in annual purchasing volume, to improve patient outcomes and lower costs. In 2021, Vizient acquired Intalere, which expanded its footprint with ambulatory and rural acute care providers. Vizient has earned a World’s Most Ethical Company designation from the Ethisphere Institute every year since its inception. Headquartered in Irving, Texas, Vizient has offices throughout the United States. Learn more at www.vizientinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220125005443/en/

Media Contact
Donna Ledbetter
(972) 830-6321
donna.ledbetter@vizientinc.com

+Media Contacts
Media Contacts

Donna Ledbetter
972.830.6321
donna.ledbetter@vizientinc.com

Nancy Matocha
972.830.9756
nancy.matocha@vizientinc.com