Vizient to acquire Intermountain’s GPO

Salt Lake City-based Intermountain Healthcare is set to become a member of healthcare services company Vizient’s group purchasing organization under a deal in which Vizient would acquire Intermountain’s GPO, the companies said Nov. 5. 

Advertisement

Intermountain said it expects the partnership to cut the health system’s supply costs when it joins Vizient’s GPO. 

Intermountain will also have the opportunity to join Vizient’s pharmacy program to reduce its pharmacy expenses and minimize drug shortages, the companies said. 

“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, Intermountain’s CFO. 

The transaction is expected to close in the first quarter of 2021.

More articles on supply chain:
CDC seeks to create centralized reporting system for COVID-19 test results
Abbott sues former exec, claims he shared trade secrets
FDA warns of potential for false positives in coronavirus antigen tests

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Supply Chain

Advertisement

Comments are closed.