September 28, 2020 – Vizient, Inc. (Irving, TX) has recognized 269 member healthcare organizations for demonstrating excellence in lowering costs in the supply chain. Through the Impact Standardization Program, these hospitals streamlined their purchasing practices in designated product categories, earning rebates and in many cases attaining lower pricing from manufacturers.
Vizient recognized the results of Impact Standardization Program participants in three categories:
- Executive Savings: earned at least $250,000 in rebates through Impact programs.
- Participation Leader: participated in and earned rebates in all 13 Impact programs.
- Participation Award: participated in 12 non-food Impact programs and utilized a Vizient food and nutrition services agreement.