August 26, 2016 7:35 PM ET

Healthcare Providers and Services

Company Overview of Vizient, Inc.

Company Overview

Vizient, Inc. operates a network of not-for-profit health care organizations to improve performance and efficiency in clinical, financial, and operational management. It offers analytics, contracting, consulting, and network development services to help members and customers achieve their strategic objectives. The company also provides supply chain management services for non-acute care market, as well as government, education, and business sectors; revenue management services; and online direct marketing services for local contracting. It serves not-for-profit and non-acute health care organizations, and health system members and affiliates in the United States. VHA-UHC Alliance NewCo, Inc....

290 East John Carpenter Freeway

Irving, TX 75062

United States

Founded in 1977

Phone:

972-830-0626

Fax:

972-830-0012

Key Executives for Vizient, Inc.

Chief Executive Officer, President, Director, Member of Executive Committee and Member of Nominating Committee
Age: 59
Chief Financial Officer and Area Senior Vice President
Age: 51
President of Offering Delivery and Operations
Age: 50
Chief Executive Officer of VHA Georgia and President of VHA Georgia
Chief Executive Officer of Provista and President of Provista
Age: 57
Compensation as of Fiscal Year 2016.

Vizient, Inc. Key Developments

Phoenix Children’s Hospital to Begin Utilizing Vizient, Inc.’s National Contract Portfolio

Vizient, Inc. announced that Phoenix Children’s Hospital will begin using its national contract portfolio through its supply chain partnership with Children’s Hospital Association. Vizient’s pediatric portfolio is the more than 35,000 pediatric-specific line items on contract. The pediatric contract portfolio, analytics and other programs are all specifically designed to meet the unique needs and purchasing patterns of children’s hospitals.

Missouri Hospital Association Announces Agreement with Vizient’s Patient Safety Organization to Improve Quality, Protect Patients

The Missouri Hospital Association (MHA) announced an agreement with the Vizient, Inc. Patient Safety Organization (PSO) that offers Missouri hospitals new tools in the effort to improve hospital quality and protect patients. This agreement, along with MHA’s agreement with Healthcare Services Group (HSG), combines the clinical quality, risk mitigation and patient safety resources of the three organizations into a robust quality and value improvement toolset. Most Missouri hospitals are partnered with a PSO. However the rapidly expanding demand for care-improvement resources, coupled with the need for strong, integrated partners has caused hospital clinical quality improvement leaders to rethink their PSO partnerships. An additional driver of the partnership is a soon-to-be-implemented component of the Affordable Care Act. Beginning Jan. 1, 2017, most hospitals must participate in a patient safety evaluation program in order to contract with health plans available in the state’s health insurance exchange.

Vizient, Inc. Announces New Members to its Board of Directors

Vizient, Inc. announced that its board of directors has appointed three new members. Joining Vizient’s board are Ralph W. Muller, chief executive officer of the University of Pennsylvania Health System; C.A. Lance Piccolo, president and chief executive officer of HealthPic; and Carol J. Zierhoffer, senior vice president and global chief information officer for Bechtel Corporation, effective today. The appointments increase the number of Vizient directors from 19 to 22. Ralph W. Muller currently oversees three hospitals, a faculty practice plan, a primary care provider network, three multi-specialty satellite facilities, and home care, hospice care, and long-term care for the University of Pennsylvania Health System. C.A. “Lance” Piccolo leads HealthPic. Carol J. Zierhoffer is in charge of the vision, strategy and planning for Bechtel’s Global Information Systems & Technology (IS&T) organization. She is responsible for IS&T’s infrastructure technology operations as well as software applications development and deployment of technology solutions into Bechtel business lines and projects.

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