Vizient Announces Expansion of Supplier Diversity Program to Include Businesses Owned by People from LGBT, Disabled Communities

The announcement marks the expansion of its Supplier Diversity Program from minority-, women- and veteran-owned businesses and includes not just supplier contracts for Vizients member hospitals, but for Vizient corporate purchases as well.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, October 20, 2020
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Tags: 
Medical Supplies, Health, Medical devices, Consumer, Hospitals, Practice Management, Gay & Lesbian, Procurement, Diversity, Supplier diversity, Purchasing
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United States, Texas
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VIZIENT, INC.
Summary
Key Points: 
  • The announcement marks the expansion of its Supplier Diversity Program from minority-, women- and veteran-owned businesses and includes not just supplier contracts for Vizients member hospitals, but for Vizient corporate purchases as well.
  • In order to be considered for a supplier diversity contract award, suppliers ownership must be independently certified by an LGBT or disability association recognized by Vizient, be registered with the Supplier Diversity Program and meet other category criteria set forth by Vizient.
  • This expansion aligns with Vizients commitment to diversity and inclusion, said Bharat Sundaram, president and chief operating officer of Vizient.
  • The Supplier Diversity Program helps Vizient member hospitals achieve their diversity and inclusion goals by enabling them to track spending in this category.


Vizient, Inc. today announced its Supplier Diversity Program for national contract opportunities now includes businesses owned by people who are lesbian, gay, bisexual or transgender as well as businesses owned by people with a disability. The announcement marks the expansion of its Supplier Diversity Program from minority-, women- and veteran-owned businesses and includes not just supplier contracts for Vizient’s member hospitals, but for Vizient corporate purchases as well.

In order to be considered for a supplier diversity contract award, suppliers’ ownership must be independently certified by an LGBT or disability association recognized by Vizient, be registered with the Supplier Diversity Program and meet other category criteria set forth by Vizient. The disability category includes businesses owned by service-disabled veterans, veterans with a disability that is not service related and anyone with a disability.

“This expansion aligns with Vizient’s commitment to diversity and inclusion,” said Bharat Sundaram, president and chief operating officer of Vizient. “We are proud of our diverse workforce and, moreover, recognize the diversity of our members’ teams and the communities they serve. We want our supplier partners to reflect this diversity as well.”

The Supplier Diversity Program helps Vizient member hospitals achieve their diversity and inclusion goals by enabling them to track spending in this category. Vizient member hospitals can access data, tools and resources to find registered diverse suppliers. The program helps streamline purchasing opportunities with diverse suppliers in both tier 1 (primary source) and tier 2 (secondary source) categories.

Qualified businesses can learn more information about Vizient’s enterprise-wide Supplier Diversity Program here. For questions, email [email protected].

About Vizient, Inc.

Vizient, Inc. provides solutions and services that improve the delivery of high-value care by aligning cost, quality and market performance for more than 50% of the nation’s acute care providers, which includes 95% of the nation’s academic medical centers, and more than 20% of ambulatory providers. Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents more than $100 billion in annual purchasing volume, to improve patient outcomes and lower costs. Vizient has earned a World’s Most Ethical Company designation from the Ethisphere Institute every year since its inception. Headquartered in Irving, Texas, Vizient has offices throughout the United States. Learn more at www.vizientinc.com.

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