Increasing drug costs. Reimbursement shortfalls. Budget cuts. Drug shortages. The Vizient™ Pharmacy Program helps you meet all of these challenges and more, and is the key piece to our comprehensive pharmacy portfolio.

With drug costs accounting for 20 percent or more of hospital expenses, our portfolio of pharmacy offerings can help you make pharmacy a strategic business asset for maintaining a competitive advantage.

Benefits:

  • More than 12,000 products and services in our pharmacy group purchasing organization (GPO) portfolio
  • Actionable pharmacy analytics (members only)
  • Access to our experts and Drug Price Forecast Report (members only)

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

Pharmacy Program pillars

A bold approach to drug shortages

For more than a decade, our priority has been to help mitigate the effects of the drug shortage crisis. No other GPO has taken such bold measures to address this critical problem.

Our response to drug shortages includes:

  • Encouraging production of critical drugs
  • Advocacy with government agencies and industry groups
  • Emergency procurement process
  • Contracting bid standards that surpass our competitors
  • Automatic failure-to-supply program
  • Communications and insights through the Vizient Drug Shortage Information Exchange
  • Weekly Drug Shortage Digest
  • Drug shortage alerts
  • Current drug shortages
  • Member education sessions
  • Supplier communications
Managing drug shortages takes up a significant amount of time. We are trying to be proactive and milk our resources to get what we need, even if that means switching to an alternative. We haven’t reached this point yet, but soon, we will have to make tough decisions about who will get what necessary drugs.
Mike Bertagnolli, RPh, MBAManager, pharmacy services, Bozeman Deaconess Hospital