Baptist drives savings and improves operational efficiency using data and repeatable processes
Leaders from Baptist partnered with Vizient to build a performance improvement plan supported by clinical analytics. The result was sustained clinical improvement, better quality and more savings
Expanding the partnership with Vizient beyond group purchasing services
Baptist and Vizient partnered together to address the clinical and operational measures impacting Baptist’s care quality. Together, the team is working to develop a performance improvement office (PMO) and to develop an approach to organizational learning.
An improved supply chain drives higher savings at Baptist Memorial Health Care
Baptist Memorial Health Care’s supply chain operations team has achieved $13.6 million in annualized cost savings on physician preference items and clinical supplies since 2019 by using Vizient GPO services, data analytics and expertise.
Additionally, Baptist has achieved $7 million in savings across their electrophysiology services, catheterization labs and interventional radiology service lines since joining the Excelerate Strategic Health Sourcing program in May 2022.
See how Baptist uses Vizient tools and resources to grow value
Improved care quality
Baptist leaders looked for help with its most important initiative: Improving Baptist’s quality scores.
Baptist and Vizient partnered together to address the clinical and operational measures impacting Baptist’s care quality. Together, the team is working to develop a performance improvement office (PMO) and to develop an approach to organizational learning.
"Vizient was able to bring resources along a fairly thin staffing model to help build in ‘What does the standard work look like? How do we implement the standard work, and how do we bring it to sustainability?’ It was those different components that helped us move the needle more quickly than we could have on our own.”
Paul DePriest, MD
Executive Vice President and Chief Operating Officer,
Baptist Memorial Health Care
$9.2M
Pay for performance earned and costs avoided
$7.5M
Across a five-year CBRE agreement with value adds
$4M
Ambulatory pharmacy revenue generation
$23M
Mountain States Pharmacy Network and S3P Supply Network GPO savings
$5.8M+
Annualized cost savings for physician preference items
11:1
ROI in the first year using the pharmacy module of Savings Actualyzer™
The story behind the stories
For every successful partnership we’ve built, there’s another story at the heart of it. It’s the four pillars of everything we do—insights, innovations, speed to value, and collaboration.
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