Syft Announces Expanded Contract Agreement with Vizient
Syft, a leading provider of AI-enhanced inventory control and end-to-end hospital supply chain management software and services, announced that they have been awarded a contract expansion and extension with Vizient, Inc., the largest member-driven health care performance improvement company in the country. The newly extended and expanded contract includes decedent management and tracking software, clinical inventory services, and pharmacy inventory services for hospitals and health systems.
Vizient’s diverse membership and customer base includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks and non-acute healthcare providers. Vizient membership represents more than $110 billion in annual purchasing volume.
“Our expanded contract with Vizient is extremely important for our organization and for hospitals throughout the country. Services such as decedent management are extremely complex with so many internal and external stakeholders and compliance requirements. Our patented solution provides fully inclusive and configurable workflows that simplify documentation and allow users to track the location of decedents in a compassionate and detail-oriented way,” said Todd Plesko, CEO for Syft. “This is critical for hospitals as it helps to reduce costly errors.”
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Syft’s clinical and pharmacy inventory services also help hospitals efficiently manage inventories at the point of use and throughout the hospital or health system, including inpatient, outpatient, satellite locations, and retail and specialty pharmacies. As part of the agreement with Vizient, GPO members have access to contracts that offer a secure and customizable customer portal with hospital-specific inventory data and analytics, year-over-year comparison reports, and dedicated account managers who conduct quarterly business reviews among other value-added services.
“We are pleased to further expand our agreement with Vizient and provide access to enhanced contracts that offer key service offerings for their members. This contract will provide the opportunity for hospitals to have more accurate inventory accounts and more visibility into savings opportunities,” said Rebecca Addison, Vice President, Inventory Services for Syft.
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