Vizient, Inc. Applauds the Administration for Looking for Solutions to Rising Drug Costs

IRVING, Texas--()--On May 8, 2017, Vizient, Inc. and other interested stakeholders participated in a roundtable discussion regarding pharmaceutical costs with U.S. Department of Health and Human Services (HHS) Secretary Tom Price, Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma, and several others from HHS.

Vizient appreciates the invitation from HHS to share the ways in which we work on behalf of our members to help them achieve savings and enhance efficiencies at their institutions. At a time when rising drug costs are putting an increasing strain on our members’ bottom lines, we applaud the Administration and its efforts to understand the complexities of the U.S. pharmaceutical market and look for solutions to curb rising drug costs. We are grateful for the opportunity to lend our voice to this important discussion and look forward to continuing to work with HHS as they examine these critical issues.

Vizient is the nation’s largest health care performance improvement company serving a diverse membership that includes academic medical centers, pediatric facilities, community hospitals, integrated health care delivery networks and non-acute health care providers.

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 non-acute 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.

Contacts

Vizient, Inc.
Angie Boliver, 972-830-7961
angie.boliver@vizientinc.com

Release Summary

Vizient participated in a roundtable discussion on May 8, 2017 with leaders from HHS and CMS and several other stakeholders on rising pharmaceutical costs in the U.S. and options to lower those costs

Contacts

Vizient, Inc.
Angie Boliver, 972-830-7961
angie.boliver@vizientinc.com