The network of independent health systems based out of Arkansas, Missouri and Texas collaborate with Vizient for comprehensive sourcing, improvement of performance as well as services of cost- management including strategic sourcing, utilization management, and clinical and operational consulting, as well as, service line, clinical and supply chain analytics. Vizient likely to serve as national group purchasing organization (GPO) and strategic cost management partner for TPC’s network of health systems.
Geoff Brenner, TPC’s president and chief executive officer claims “In reassessing the marketplace, we found Vizient’s significantly advanced value proposition and more fully integrated investments and competencies to be the best fit for us. Our new partnership will go well beyond traditional GPO boundaries and will align the strengths of both organizations into an optimized cost reduction and performance improvement engine, with a relentless focus on driving tangible financial results for TPC Members.”
The collaboration emphasizes to jointly execute their growth strategies across the southwest United States witnessing investments by Vinzient in sectors like innovation, infrastructure, therefore, extending finesse to hospitals seeking to receive advantages of the system while retaining its autonomy.