Vizient

Vizient

Healthcare performance improvement and consulting services

About Vizient

Simplify's Rating
Why Vizient is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Consulting

Healthcare

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$2B

Headquarters

Irving, Texas

Founded

1977

Overview

Vizient is focused on improving healthcare performance for a variety of clients, including hospitals and healthcare providers. The company offers solutions that enhance the efficiency and effectiveness of healthcare delivery. Its services include supply chain management, clinical and operational performance improvement, and strategic consulting. Vizient uses data analytics and industry insights to help healthcare providers optimize their operations and improve patient outcomes. Unlike many competitors, Vizient generates revenue through membership fees and consulting services, and it has expanded its capabilities through acquisitions, such as Intalere. The goal of Vizient is to help its members accelerate performance and deliver exceptional, cost-effective healthcare.

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Simplify's Take

What believers are saying

  • Telehealth growth increases demand for Vizient's supply chain management solutions.
  • Value-based care models align with Vizient's performance improvement services.
  • AI integration in healthcare boosts demand for Vizient's data analytics solutions.

What critics are saying

  • Competition may erode Vizient's market share in healthcare performance improvement.
  • Integration of acquisitions like Kaufman Hall may face operational challenges.
  • Economic pressures could reduce spending on Vizient's consulting services.

What makes Vizient unique

  • Vizient is the largest member-owned healthcare services company in the U.S.
  • The company leverages network-powered insights for clinical and operational performance.
  • Vizient's acquisition strategy expands its capabilities and service offerings.

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Funding

Total Funding

$2030M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Five weeks (25 days) of PTO

Nine paid company holidays & one floating holiday

Four weeks to work from anywhere in the U.S.

High-deductible health plans

Dental and vision coverage

Health savings account with company contribution

Flexible spending accounts

Headspace wellness app

401(k) retirement plan with company match up to 5 percent

Life and accidental death and dismemberment insurance

Short-term illness and long-term disability coverage

Tuition assistance program

Discounts on cell phone plans, movie tickets, hotels & much more

Company News

Business Wire
Jun 26th, 2024
Vizient to Acquire Kaufman Hall, Expanding Advisory Expertise for Healthcare Industry

Vizient announced that it has exercised its option to acquire the remaining interest in Kaufman Hall, a strategic advisor to the healthcare industry.

Business Wire
Oct 31st, 2023
Vizient Announces Acquisition of PrefTech OR, a Next-generation Physician Preference Card Management Technology

Vizient announces it has acquired PrefTech OR's next-generation, cloud-based preference card management software for healthcare providers.

Business Wire
Aug 2nd, 2022
Vizient Acquires Safe & Reliable Healthcare, Creates New Streamlined Solution for Sustained Delivery of Safe Healthcare

Vizient has acquired Safe & Reliable Healthcare, a leading provider of high reliability services for sustained delivery of safer patient care.

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