To meet the increasing demand from self-insured employers looking to contract with health care provider networks, Vizient, Inc. announced the launch of its Direct to Employer Solutions for health care systems.
The solutions include a national high-value network currently comprising six Vizient member health systems, direct-to-employer advisory services and connections with network administrative partners.
Vizient members participating in the initial network are BJC HealthCare, Emory Healthcare, Johns Hopkins Medicine, MemorialCare Health System, Northwestern Medicine, and Providence.
Vizient provides solutions and services that improve the delivery of high-value care by aligning cost, quality and market performance for more than 50% of the nation’s acute care providers, which includes 97% of the nation’s academic medical centers, and more than 20% of ambulatory care providers.
Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents more than $110 billion in annual purchasing volume, to improve patient outcomes and lower costs.
Initially, each of the six Vizient member health systems participating in the high-value network will offer services in a bundled format through a center of excellence focused on spine, hips, knees, bariatric and cardiovascular procedures.
The center of excellence will provide patients with appropriate, high quality care, and a better patient experience, at lower total costs to their employers by eliminating duplication of diagnostic testing and reducing post-surgical complications and readmissions.
In 2021, Vizient acquired Intalere, which expanded its footprint with ambulatory and rural acute care providers. Intermountain Healthcare will now partner with Vizient for supply chain solutions and services, thereby expanding its current relationship with Vizient in clinical and cost analytics. Intalere is a healthcare supply chain company with more than 100,000 members from healthcare organizations all over the country. Intalere members make nearly $9 billion in purchases annually.
Takeaway: Vizient is leveraging its contracting strategy to connect health systems with administrative partners for direct-to-employer agreements