Vizient Among Cloud Top 500

290 E. John Carpenter Freeway

Irving, TX, 75062, USA

1 972-830-0000

https://www.vizientinc.com/

193

Vizient Strengths, Domain Expertise, and Key Differentiators

Vizient is a health care performance improvement company. Backed by network-powered insights in the critical areas of clinical, operational and supply chain performance, Vizient empowers members to deliver exceptional, cost-effective care at every turn. The Vizient Office of Public Policy and Government Relations serves as a liaison and partner on policy and legislative issues that affect the diverse health care organizations.

Vizient Recent Developments

To help supply chain professionals efficiently tap into savings opportunities for services, Vizient launched a new purchased services module within its Savings Actualyzer supply analytics platform. The new module enables supply chain managers to view categorized spend, identify opportunities for standardization and see comparative performance data for its purchased services. Later in 2018, Vizient added a pharmacy module to its Savings Actualyzer platform. In October 2018, the company launched its next generation eCommerce Exchange platform which is integrated with more than 500 of the largest suppliers in healthcare.

Vizient Mergers and Acquisitions (M&A) Activities

In 2016, Vizient completed the acquisition of MedAssets’ Spend and Clinical Resource Management (SCM) segment, including Sg2, from Pamplona Capital Management. The combined organization represents the nation’s top hospitals and health systems, and they have delivered billions in savings to providers over the past two years alone.

Vizient Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD ask the simple question: Who’s buying Vizient applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Vizient and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified MedAssets Revenue Cycle Management, customers.

Vizient Key Enterprise and Cloud Applications

MedAssets Revenue Cycle Management,

Vizient Revenues, $M:

Type/Year 2017 2018 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Vizient Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Vizient Revenues By Region, $M

Region % of Total Revenues 2018 Total Revenues, $M 2018 Enterprise Applications Revenues, $M 2018 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Vizient Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Vizient Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Vizient Customers


No. of Vizient Customers: 5000

No. of Vizient Enterprise Applications Customers: 5000

No. of Vizient Cloud Customers: x

No. of Vizient Cloud Subscribers: x


Vizient serves thousands of healthcare organizations across the nation, from independent, community-based organizations to large, integrated systems including acute care hospitals, academic medical centers, non-acute community health care providers and pediatric facilities. The company had 30 new, renewed or expanded member agreements with health care organizations in the second quarter of 2018. opposite to first quarter when they had 18 agreements. During 2017, they made 86 contracts.

Vizient Market Opportunities, M&A and Geo Expansions

With health care spending in the U.S. now topping $3 trillion, it is more critical than ever for health care providers to have the ability to connect procedure, supply and clinical data for insights. Procedural Analytics, the newest module in the Vizient Clinical Analytics platform, launched in May 2018, provides insight in near real time and enables users to tie decisions around cost and utilization with their quality and outcomes.

Vizient Risks and Challenges

Vizient ’ Revenue Cycle Management business is a hotly contested market with hundreds of software and services vendors and its sourcing operations are closely tied to how it complements some of the largest group purchasing organizations such as Novation and Premier. Furthermore, MedAssets’ straddling both sides - boosting revenues while lowering costs for healthcare providers – could be a real test on how technologies can be implemented to accomplish both goals simultaneously in light of the massive changes under way in the healthcare industry following the adoption of the Affordable Care Act.

Vizient Ecosystem, Partners, Resellers and SI

Vizient has 2200 supplier and distributor agreements. Vizient sales are done mainly via Direct sales force (175+ sales/service representatives). In August 2018, TPC made agreement with Vizient for comprehensive sourcing, performance improvement and cost management services, including strategic sourcing, utilization management, and clinical and operational consulting, as well as, service line, clinical and supply chain analytics.

Vizient Cloud Infrastructure Insights

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  • Vizient Public Cloud and Infrastructure (IaaS)
  • Vizient Platform (PaaS)
  • Vizient Application Delivery
  • Vizient Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


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