Each year, the event offers selected suppliers the unique opportunity to demonstrate their devices and services to supply chain and clinical leaders from Vizient’s member hospitals, as well as subject matter experts who serve on discipline-specific Vizient member councils. The Exchange is part of a process that can earn candidates a Vizient Innovative Technology contract or designation.
While the “new normal” can no doubt seem daunting, there are reasons for optimism, particularly as suppliers and providers now have every opportunity — and impetus — to build more sustainable partnerships.
The layering of the VVI’s extensive data sets illuminates how multiple social needs and the quality-of-life issues that inevitably accompany them are inextricably linked to health and environmental inequities — unearthing the root of the problem.
For 25 years, the Vizient® Performance Improvement (PI) Collaboratives Program has been bringing hospitals together to address some of the industry’s most pressing issues, such as health equity, workplace violence, sepsis early recognition and clinical-supply integration. In 2022, participating organizations have achieved more than $192 million in value across the three program components through cost avoidance and enhanced revenue.
What started in the 1980s for academic medical centers to share outcomes data and best practices has grown to become the nation’s definitive analytics platform for hospital performance and improvement. The Vizient® Clinical Data Base (CDB) welcomes more than 1,050 hospital facilities leveraging the platform’s outcomes data to benchmark against peers to reduce variation and identify and sustain performance improvements. As the number of CDB participants grows, so does the collective value of that data.
Vizient hosted the Dallas-area gathering of likeminded sustainability VPs and directors of Global 1000 companies who work to identify and address the complex issues around environmental and societal problems and develop best practices to implement within their businesses.
Vizient Senior Director of Data Operations Technology Tyler Peterson wrote a proposal that would enable members to develop customized reporting and analytics systems through direct integration with Vizient’s Clinical Data Base (CDB).
Sustainability isn’t a ‘special project’ for healthcare supply chains. Instead, it’s part of a larger framework that maximizes the impact of health systems’ spending power and their larger role in bettering communities.
With many service lines further transitioning to outpatient and home based care, opportunity is knocking – and providers and suppliers can answer by forming forward-thinking relationships that better patient outcomes.
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