Vizient Announces Product Categories for Quarter 1 National Group Buys Program

IRVING, Texas--(BUSINESS WIRE)--Capital purchases represent approximately 25 percent of a hospital’s budget. This makes capital planning and group purchasing one of the most complex procurement challenges for health care organizations. Vizient, Inc., today announced the product categories and supplier savings opportunities available as part of its Quarter 1 National Group Buys Program available January 1 through March 31, 2018. The National Group Buys program is one of several strategic programs from Vizient designed to deliver additional cost savings to its member hospitals.

Siemens Healthineers, the featured supplier for Quarter 1 is providing significant savings across several diagnostic imaging equipment offerings including cardiovascular imaging systems, CT scanner systems, general radiography equipment, hemodynamic and electrophysiology monitors, mammography equipment, MRI systems, nuclear medicine equipment, PET/CT systems, ultrasound systems, C-Arms and urology imaging systems.

“Vizient is delighted to offer its members another opportunity to lower costs beyond our nationally negotiated contracts for capital equipment and other products and services through its national group buys program,” said Brent Gee, associate vice president of Strategic Programs for Vizient. “Our featured supplier this quarter, Siemens Healthineers, is offering enhanced savings off contract across 11 capital and imaging categories plus a special service value option our members won’t want to miss.”

Other suppliers offering additional savings on certain products in the Quarter 1 National Group Buys Program include:

• Welch Allyn
• Pentax of America
• Grifols USA
• Gensco Pharmaceuticals
• Siemens Healthcare Diagnostics
• bioLytical Laboratories
• Retractable Technologies
• Novum Medical Products

During this group buys period, participating suppliers may also offer value in the form of savings, extended parts warranty, training, leasing options, financing options, POS service discounts, free shipping, and trade-in allowances.

Since 2005, members and affiliates served by Vizient have purchased more than $7 billion, with more than $2 billion in savings via the group buy program. In 2017, Vizient members have realized over $638 million in savings alone.

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’s diverse membership base includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks and nonacute health care providers and represents more than $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 MedAssets’ Spend and Clinical Resource Management (SCM) segment, including Sg2, which was acquired in 2016. In 2017, Vizient again received a World’s Most Ethical Company designation from the Ethisphere Institute. Vizient’s headquarters are 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.