VIZIENT NOVAPLUS AND THE NOVAPLUS ENHANCED SUPPLY PROGRAM


Associated tags: Health, General Health, Practice Management, Vizient, Inc., Pharmaceutical, Ethisphere Institute, Medical device, Renewable energy, Medical Supplies, Hospitals, Propofol, Pharmaceutical industry, Patient, Robert Kistner, Hospital, U.S.A, Vizient Novaplus and the Novaplus Enhanced Supply Program, VIZIENT, INC., N95, COVID

Vizient Improves Visibility into Domestically Manufactured Supplies

Retrieved on: 
Thursday, April 21, 2022

Vizient, Inc. today announced a new program to enhance supply assurance for its member health care providers by improving visibility of domestic manufacturing in its contract portfolio.

Key Points: 
  • Vizient, Inc. today announced a new program to enhance supply assurance for its member health care providers by improving visibility of domestic manufacturing in its contract portfolio.
  • The Made in the U.S.A. program identifies products manufactured domestically, providing a way for Vizient members to mitigate against international supply disruptions.
  • Vizient members will be able to quickly identify products made in the U.S. within the Vizient catalog, and eligible suppliers will receive new opportunities to showcase their domestically manufactured products.
  • The Made in the U.S.A. program is the latest in a series of strategic moves by Vizient to shore up supply assurance .

Vizient Announces Milestone in Fight to End Drug Shortages: 100 Million Additional Units of Essential Medications Through Novaplus Enhanced Supply Program in Under Two Years

Retrieved on: 
Tuesday, October 26, 2021

Vizient, Inc. today announced its Novaplus Enhanced Supply Program has brought 100 million additional units of inventory of essential medications to the supply chain, many used to treat life-threatening illnesses.

Key Points: 
  • Vizient, Inc. today announced its Novaplus Enhanced Supply Program has brought 100 million additional units of inventory of essential medications to the supply chain, many used to treat life-threatening illnesses.
  • The Novaplus Enhanced Supply Program provides supply assurance for participating Vizient members through increased inventory commitment from suppliers and members for essential medications .
  • Through Novaplus Enhanced Supply program, 676,000 additional units of the sedative had already entered the market at the time of the spike.
  • Novaplus Enhanced Supply Program provides additional inventory of essential products through enhanced supplier partnerships to mitigate supply disruptions and demand surge.

Vizient Supply Chain Experts to Share Insights at Federation of American Hospitals Conference and Business Exposition

Retrieved on: 
Friday, June 4, 2021

Vizient, Inc. announces two Vizient supply chain experts will share their insights at the Federation of American Hospitals Conference and Business Exposition.

Key Points: 
  • Vizient, Inc. announces two Vizient supply chain experts will share their insights at the Federation of American Hospitals Conference and Business Exposition.
  • The annual event brings together health care providers and suppliers for educational opportunities and features leaders in government and the business community.
  • Novaplus Enhanced Supply Program contracted suppliers provide additional inventory of essential products to mitigate supply disruptions and demand surge.
  • By purchasing through Novaplus Enhanced Supply, health care facilities also receive expanded value and benefits built on the foundation of the industrys longest-run private label program.

Vizient Announces Novaplus Enhanced Supply Agreement with Fresenius Kabi for 7 Additional Essential Medications

Retrieved on: 
Thursday, November 19, 2020

Vizient, Inc. today announced an agreement with Fresenius Kabi to add an additional seven medications to its Novaplus Enhanced Supply program , part of Vizients private label pharmacy solution.

Key Points: 
  • Vizient, Inc. today announced an agreement with Fresenius Kabi to add an additional seven medications to its Novaplus Enhanced Supply program , part of Vizients private label pharmacy solution.
  • The agreement brings an additional 4.5 million units of product across the seven medications including four that greatly impact the pediatric patient population.
  • Novaplus Enhanced Supply program now includes a total of 31 molecules with over 53 million units of additional inventory.
  • Fresenius Kabi was the first manufacturer to participate in Novaplus Enhanced Supply when it signed an agreement for six essential medications late last year.

Vizient Updates List of Essential Medications for High-Quality Patient Care; Expands Novaplus Enhanced Supply Program Portfolio

Retrieved on: 
Tuesday, November 17, 2020

For medications in the Novaplus Enhanced Supply program, the contracted supplier is required to maintain additional, onshore inventory based on the historical usage of Vizient members.

Key Points: 
  • For medications in the Novaplus Enhanced Supply program, the contracted supplier is required to maintain additional, onshore inventory based on the historical usage of Vizient members.
  • This program includes 19 drugs on Vizients essential medications list and has resulted in 39 million additional units of essential medications in the U.S. health care supply chain.
  • Novaplus , a Vizient sourcing program, is the market-leading, private label program that includes a consistent supply of competitively priced medications for both inpatient and outpatient facilities.
  • Novaplus Enhanced Supply Program contracted suppliers provide additional inventory of essential products to mitigate supply disruptions and demand surge.