For 40+ years, leading healthcare organizations have trusted us to help them improve in the areas that matter most: cost, quality and market performance. We understand that all healthcare providers are different. That’s why our approach is purposeful and inclusive, challenging us to be innovative and find solutions that work in both large-scale research hospitals and rural community hospitals.
Overall, our clients make up 97% of academic medical centers in the U.S., more than 69% of the acute care hospitals in the country and over 35% of the ambulatory market. You can rely on Vizient to bring proven solutions, trusted data and experienced experts to help you overcome the challenges you face.
Meet Vizient
Through their deep expertise and commitment to care, Vizient’s leaders are driving change in healthcare services.
Operating responsibly to drive value for our clients
A healthcare company with deep roots
Our legacy companies have a combined history of innovation and industry firsts. View each milestone to learn how we’ve paved new roads in the healthcare industry for 40+ years.
-
Vizient completes acquisition of Kaufman Hall
The acquisition brings together two of the industry’s most trusted advisors. Kaufman Hall, a Vizient Company, offers advisory services in key areas such as revenue and cost, advanced clinical quality and operational analytics, corporate finance, partnerships, mergers and acquisitions, access to capital and balance sheet management.
-
Vizient completes the acquisition of Safe & Reliable Healthcare
Vizient acquires Safe & Reliable Healthcare, a leading provider of high reliability services with more than a decade of proven experience in transforming cultures to create resilience, enhance workforce engagement and accountability.
-
Vizient completes acquisition of Intalere
Vizient acquires Intalere, which enables our organization to further meet the growing needs of our diverse membership and customer base, including academic medical centers, health systems, community hospitals, rural hospitals and ambulatory care providers.
-
Vizient acquires Soriant
Vizient acquired healthcare consulting firm Soriant to extend the capabilities of our Purchased Services solutions.
-
Vizient acquires MedAssets SCM and Sg2
In a bold move to advance industry leadership, Vizient acquires MedAssets’ Spend and Clinical Resource Management segment (SCM), which included Sg2 healthcare intelligence. This further strengthened core capabilities in healthcare supply chain procurement, market intelligence, strategic analytics and comprehensive consulting services.
-
VHA, University HealthSystem Consortium, Novation become Vizient
Vizient enters the market, offering superior access to advanced analytics, collaboration networks, contracting and industry-leading practices.
-
Excelerate is created
VHA and Cleveland Clinic introduce Excelerate, a joint venture LLC, to transform the traditional group purchasing approach into a strategic sourcing model.
-
Strengthening hospital and supplier relationships with industry’s first online direct contracting source: aptitude
VHA and University HealthSystem Consortium introduce aptitude as the industry’s first online direct contracting market, fostering mutually beneficial and committed purchasing relationships between hospitals and suppliers.
-
Creating a new level of value with leading organizations
The Child Health Corporation of America (now Children’s Hospital Association) selects Novation as its primary group purchasing partner.
-
Investing to improve transparency across the healthcare supply chain
Novation invests $40M in building industry-leading data and analytic capabilities.
-
Expanding to non-healthcare markets with a new name: Provista
HealthCare Purchasing Partners International, owned by VHA and the University HealthSystem Consortium, changes its name to Provista to reflect expansion to the education market.
-
Promoting clinical and supply integration through innovative gainsharing model
VHA acquires Goodroe Healthcare Solutions, creating a platform to engage members and physicians in discussions about supply cost reduction and clinical quality.
-
VHA and University HealthSystem Consortium launch supply chain joint venture: Novation®
By aggregating purchasing volume, contracting and distribution services, Novation becomes the industry’s largest supply company, generating greater member value.
-
Connecting healthcare leaders across the country
First VHA Leadership Conference brings supply, clinical and operational leaders together for education and networking.
-
Using data to improve productivity and enhance patient care
Earliest analytics activities pioneered with comparative data analysis and exchange with the Data Comparison Reporting System and Clinical Financial Information System.
-
University HealthSystem Consortium® formed
27 nonprofit medical centers come together to form University HealthSystem Consortium.
-
Entry into private labeling
VHA is the first alliance to venture into private labeling, launching the VHA PLUS® brand, a co-labeling effort with VHA suppliers.
-
Reinforcing local presence, national strength
Working with Abbott-Northwestern Hospital and other Minnesota hospitals, first regional office opens and becomes a model for member collaboration and networking.
-
Start of group purchasing organization for supply contracting
Agreement with American Hospital Supply Corp. establishes contracting business for member benefit.
-
VHA® created
On October 9, Voluntary Hospitals of America Inc. (VHA) is incorporated in Delaware with 30 member hospitals.