IRVING, Texas--(BUSINESS WIRE)--Vizient, Inc. today expressed concern with the budget request submitted by President Trump for fiscal year 2019. The budget request proposes hundreds of billions of dollars in reductions to Medicare and Medicaid programs over 10 years.
Vizient believes that the effects of the proposed reductions in funding would jeopardize the financial viability of the health care members it serves and negatively impact access to care for vulnerable, low-income patients and communities. Additionally, Vizient believes the Administration’s proposal to alter Medicare payment policies for hospitals participating in the 340B program raises serious concerns about the future of this vital program for safety-net hospitals and their patients.
We urge the Administration and Congress to protect funding for Medicare, Medicaid, and other programs that help health care providers ensure all patients and communities have access to the vital services they need.
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 2018, 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.