Vizient Concerned by Probable Negative Impact of Tariffs on the U.S. Health Care Industry

IRVING, Texas--()--Vizient is deeply concerned that current tariffs set to go into effect on July 6, and any ensuing trade war, will have long term impacts on the cost of health care in the U.S., which is already at unsustainably high levels.

Every day we work to ensure that patients have access to the best possible suppliers and services for first-rate medical care. That is why we are troubled to see that a 25% tariff will be placed on medical/surgical products imported from China, including many lifesaving items.

While the full effect is not yet known, these tariffs on goods essential to modern medicine could rob the supply chain of important products and exacerbate existing shortages. The resulting impacts may also affect the quality of care hospitals can deliver and make it even tougher for American families already struggling to afford medical care.

We firmly believe that medical care should be above politics. It is our hope that this issue will have a speedy resolution so care delivery in the U.S. is not impacted.

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 approximately $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.

Contacts

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

Release Summary

Vizient expresses deep concern for negative impacts to the healthcare industry resulting from tariffs on medical products manufactured in China.

Contacts

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