Analytics and expertise to manage clinical expenses

Health care costs continue to rise. One step toward lowering health care costs is to manage your clinical expenses using our analytics and expert consultants. Our data-driven approach to clinical cost management aligns price, process and utilization.

Benefits:

  • Improvement in physician engagement
  • Ability to compare supply costs and utilization with patient outcomes
  • Optimized utilization to reduce service line variation and reduce costs

Clinical Cost Management

Our clinical cost management solutions include:

Physician preference items

Financial pressures are not going away. Managing utilization and costs for physician preference items (PPI) continues to be a hot topic and primary challenge for health care providers. We help our members implement the appropriate utilization and cost strategy for hard-to-manage PPI categories in orthopedics, spine, cardiology and more. Through a proven process, we engage key physician stakeholders to gain buy-in on strategy and be key leaders in driving utilization and cost management throughout the organization.

Comprehensive lab and blood management

Blood transfusion is one of the most overused treatments in modern health care. To address this growing problem, we designed a comprehensive lab and blood management solution to assess current utilization of blood products and provide guidance for improving patient outcomes.

Through this solution, our members realize savings in the cost of blood transfusions, and reductions in clinical variation, risk of complications and length of stay.

Vizient is different from the many firms across the nation. Our full-time clinicians work side-by-side with your organization to evaluate and implement improvements within your organization. Our comprehensive approach assesses current procedures and identifies the appropriate improvement and training programs for sustainable progress.

Value analysis

As health care becomes more outcomes-based, value analysis has never been more critical. We at Vizient leverage strategic analytics and proven best practices to build a comprehensive, clinically driven value analysis program. The Vizient ValueLYNX™ analytics solution combined with our consulting services help members streamline their new product utilization process, implement and measure utilization initiatives and track realized savings. Leveraging our best practice approach, we enable hospitals to build a clinically led process for rapid and sustained outcome improvement.

Connect with us to learn how we can help drive your health care improvement opportunities.