Vizient Savings Actualyzer - Supplies

Identify cost-savings opportunities

Vizient Savings Actualyzer™ assembles data in one location from multiple sources to allow members to better understand spending, analyze savings opportunities and see results over time. With Savings Actualyzer-Supplies, you get:

Access to the industry’s largest repository of market data for health care supplies pricing in real time
Customized analytics with cost-saving opportunities on medical supplies
Benchmarking that includes complimentary product adviser support

Contract Expiration

Avoid or minimize price increases by staying aware of items you are purchasing on contracts that expire within 30, 60 and 90 days.

Contract Match

Convert items you are purchasing to items on a Vizient® contract or achieve a better tier on your contracted items.

Price benchmarking

Calculate price benchmarking opportunities on medical-surgical, clinical preference and medical device items.

Why Vizient Savings Actualyzer-Supplies?

Meaningful benchmarks
Stringent data scrubbing and requirements translate to benchmarks that can be trusted.

GPO and solution connectivity
Seamless integration with Vizient Catalog and Contract Price Activation. Linkage to other supply and clinical platforms like Procedural Analytics.

Expert analysis and support
Receive customized cost reduction planning from experienced supply chain analytics resources along with regular opportunity reviews that include tailored reporting and analysis.

$155B+
More than $155 billion in supply spend data
3,100+
Purchasing data from more than 3,100 health systems
2,100+
Over 2100 national contracts
725K
Product line items

My Supplies Price Index

The Vizient Savings Actualyzer - Supplies price index compares a health system’s price performance for selected facilities with other organizations and allows the organization to evaluate its performance trend. A low number indicates better performance; higher numbers indicate there is a potential savings opportunity.

Source: Vizient Savings Actualyzer-Supplies

Peer Compare

Compare price performance, market share and utilization with other health care organizations. Focus on specific categories or items and expand your comparison group by annual spend, number of operating beds and adjusted patient days for even greater insight into your performance.

Source: Vizient Savings Actualyzer-Supplies

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Emerson Hospital achieves big savings with Vizient Savings Actualyzer and strategic programs

Emerson Hospital needed to expand its standardization efforts to provide more value for the organization, but several factors stood in the way. Learn how Emerson used a combination of real-time analytics and strategic programs to overcome the barriers to change and achieve $5.6M in savings.