What is a Consortium Hospital?

What is a Consortium Hospital?

A consortium is a group of two or more health care providers (HCPs) that choose to request support through a single application.

What type of company is Vizient?

health care services company
Vizient Inc., the country’s largest member-owned health care services company, is dedicated to providing innovative data-driven solutions, expertise and collaborative opportunities that lead to improved patient outcomes and lower costs.

What is Vizient AMC?

Vizient Consortium benefits Industry-leading peer networking with like-minded AMCs to share knowledge and ideas and collaborate on initiatives that advance health care practices and achieve measurable results. Participation in highly valued peer networks, list servers and events, including national Vizient conferences.

Is Vizient a public company?

Integrity has long-served as the underpinning of our business; and as a privately held company, we commit to many of the same governance and regulatory standards applied to publicly traded companies.

What is the purpose of consortium?

A consortium is a group of entities that collaborate to achieve a common objective. Consortiums are common among educational institutions that pool resources so that students can benefit from a broader range of assets.

What is a government consortium?

A consortium is defined in Websters dictionary as “an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member.” A consortium in the Government contracts world is formed for a similar reason but is an organized group that consists of members in the form …

Who are Vizients competitors?

Vizient’s top competitors include Nordic, HealthTrust, Optum and Premier. Vizient is a healthcare performance improvement company that provides expertise, analytics, and advisory services.

What hospitals are in Vizient?

The health care organizations with new, renewed or expanded member agreements in the third and fourth quarters of 2020 are:

• Adams Memorial Hospital.
• AHMC Healthcare, Inc.
• Baptist Health.
• Baptist Memorial Health Care Corporation.
• Baylor Scott & White Health.
• Beaufort Memorial Hospital.
• Boone Hospital Center.

Is Vizient a GPO?

Vizient Catalog is an online health care contract catalog that enables you to quickly locate product and contract related information, available to members that participate in our group purchasing organization (GPO).

Who is Vizients competitor?

Who is Vizient owned by?

On April 1, 2015, VHA and UHC (University HealthSystem Consortium) merged to make one company, Vizient, making them the largest member-owned health care company in the nation. The combined organization officially aligned under the Vizient brand in 2016….Vizient, Inc.

Type	Corporation
Key people	Byron Jobe, President, CEO

Who runs a consortium?

A trading company where at least 75% of its share capital is owned by more than one company, each company owning between 5% – 74% of its shares.

What is a consortium group?

How many GPOs are there?

GPO market There are approximately 600 active GPOs serving healthcare providers across the country.

How many Vizient hospitals are there?

The health system operates 50 hospitals, 829 physician clinics, and 22 long-term care facilities across seven western states.

Is Vizient a Fortune 500 company?

RANK56. Pay inequity is one of the thorniest problems for corporations to deal with, but Vizient, a company that works with health care organizations to improve performance, enacted a pay transparency initiative in 2021, providing a forum in which to share information on pay.

Who owns Vizient healthcare?

Byron Jobe
On April 1, 2015, VHA and UHC (University HealthSystem Consortium) merged to make one company, Vizient, making them the largest member-owned health care company in the nation. The combined organization officially aligned under the Vizient brand in 2016….Vizient, Inc.

Type	Corporation
Key people	Byron Jobe, President, CEO