IRVING, Texas–(BUSINESS WIRE)–Nov 14, 2018–First paragraph, aboriginal book of absolution issued November 13, 2018 should read: With pharmaceuticals absolute up to 40 percent of a hospital’s accumulation spend, and biologic amount projections admiration a 5-percent admission in 2019 alone, hospital pharmacy teams charge analytics to advice them bigger administer absorb and analyze cost-savings opportunities beyond their bloom system. (instead of With pharmaceuticals absolute up to 40 percent of absolute hospital spend…)
The adapted absolution reads:
The Pharmacy Bore is the Newest Addition to the Vizient Accumulation Actualyzer Platform
With pharmaceuticals absolute up to 40 percent of a hospital’s accumulation spend, and biologic amount projections admiration a 5-percent admission in 2019 alone, hospital pharmacy teams charge analytics to advice them bigger administer absorb and analyze cost-savings opportunities beyond their bloom system. To abode this need, Vizient announces it has added a pharmacy bore to its Accumulation Actualyzer platform.
“The new analytics bore absolutely equips associates to accomplish cost-effective purchasing decisions for pharmacy products,” said Dan Kistner, chief carnality president, pharmacy solutions at Vizient. “It additionally creates a holistic pharmacy affairs alms which includes the bigger pharmacy portfolio in the industry, programmatic offerings like our proprietary Novaplus clandestine characterization and advising expertise.”
The new pharmacy bore provides:
Spend overview – arbitrary of absorb assay formed up to manufacturer, chic or facility, added drill-down abilitiesPrice abundance mix – overview of pharmacy absorb changes over customizable time periods due to price, abundance or purchasing changesMarket allotment – assay of absolute cardinal of manufacturers aural a assertive biologic chic and all-embracing absorb aural that categoryPrice benchmarking – overview of industry appraisement levels alongside a astute appearance of appraisement by drug, ameliorative class, etc.Price leveling – afterimage of anniversary dollar amount of accumulation that could be accomplished by advantageous the everyman akin amount beyond the companyPeer analyze – arbitrary of anniversary pharmacy absorb and allegory of amount achievement to added organizations
Users can additionally adapt dashboards through drag-and-drop functionality to appearance avant-garde absorb assay and added abundant data. They may additionally opt to admission added abutment from Vizient’s committed artefact adviser aggregation to advice them accomplish the best of this new technology. Appearance a affirmation of the bore here.
“The new amount benchmarking functionality allows bloom systems to confidently adviser and administer appraisement beyond their absolute pharmacy arrangement – bottomward to the biologic level,” said Rob Alford, chief carnality president, artefact action and administration at Vizient. “And with admission to added than 12,000 articles and casework through our pharmacy portfolio, associates can get a bigger of their pharmacy accumulation alternation absorb and aerate their arrangement portfolio.”
Vizient will host a webinar about its new pharmacy analytics bore on Tuesday, Dec. 11 at 2 p.m. CST. Register to appear the webinar here.
About Vizient, Inc.
Vizient, Inc., the bigger member-driven bloom affliction achievement advance aggregation in the country, provides avant-garde data-driven solutions, ability and collaborative opportunities that advance to bigger accommodating outcomes and lower costs. Vizient’s assorted associates abject includes bookish medical centers, pediatric facilities, association hospitals, chip bloom commitment networks and non-acute bloom affliction providers and represents about $100 billion in anniversary purchasing volume. The Vizient cast character represents the affiliation of VHA Inc., University HealthSystem Consortium and Novation, which accumulated in 2015, as able-bodied as MedAssets’ Absorb and Clinical Resource Administration (SCM) segment, including Sg2, which was acquired in 2016. In 2018, Vizient afresh accustomed a World’s Best Ethical Aggregation appellation from the Ethisphere Institute. Vizient’s address are in Irving, Texas, with locations in Chicago and added cities beyond the United States. Please appointment www.vizientinc.com as able-bodied as our newsroom, blog, Twitter, LinkedIn and YouTube pages for added advice about the company.
View antecedent adaptation on businesswire.com:https://www.businesswire.com/news/home/20181113005172/en/
CONTACT: Vizient, Inc.
Angie Boliver, 972-830-7961
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT PRACTICE MANAGEMENT HEALTH HOSPITALS PHARMACEUTICAL MEDICAL SUPPLIES
SOURCE: Vizient, Inc.
Copyright Business Wire 2018.
PUB: 11/14/2018 08:30 AM/DISC: 11/14/2018 08:30 AM
Copyright Business Wire 2018.
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