November 5, 2020 – Vizient, Inc. (Irving, TX) has signed an agreement under which it will acquire Intalere from Intermountain Healthcare (Salt Lake City, UT).
Intermountain Healthcare will now partner with Vizient for supply chain solutions and services, thereby expanding their current relationship with Vizient in clinical and cost analytics.
The transaction is anticipated to close during Q1 2021, pending standard regulatory review. Financial terms of the transaction were not disclosed.
Vizient says the planned acquisition will support and fuel the company’s mission to strengthen members’ delivery of high-value care by:
Reinforcing its commitment to supply chain as a strategic asset for healthcare providers;
Expanding its non-acute footprint to create additional opportunities through its subsidiary, Provista
Increasing its presence in smaller and/or rural acute facilities, helping support these communities with local healthcare services
“Intermountain Healthcare looks forward to continuing to work together with Vizient in our common goal of providing patients access to high-quality care at the most affordable cost,” said Bert Zimmerli, CFO and EVP at Intermountain. “This aligns very well with our aspiration of executing a population health strategy by providing value-based care and services to an increased number of patients, families, and communities.”