Vizient Announces Strategic Partnership with HANDLE Global to Launch Fixed Asset Management System

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IRVING, Texas–()–Vizient, Inc. announced today that it has entered into a strategic partnership with Global HANDLE to launch a capital asset management system to help Vizient member healthcare organizations manage their capital expenditures and equipment. The system provides access to HANDLE’s platform to track equipment and expenses and improve equipment lifecycle planning, procurement and asset utilization.

“Advancing performance by managing capital expenditures, facilities and construction projects is critical to the long-term success of our members,” said Rebecca Gayden, Vizient Vice President and General Manager, Capital Equipment Solutions. “The fixed asset management system – which offers data, analytics and insights – can help healthcare organizations reduce costs and operate more efficiently.”

Alongside the fixed asset management system, Vizient will offer consulting services to maximize the efficiency and effectiveness of fixed asset procurement processes and identify savings opportunities. Services include reports that highlight opportunities for standardization and improved contract utilization as well as assistance in implementing new equipment and technologies.

The Capital Asset Management System provides a “fleet” analytics module to generate summary-level data, insights, and recommendations across the entire healthcare system fleet of equipment. The module includes a risk score to help decision makers with equipment life cycle planning and budget decisions.

In addition, a capital budget module will allow members to integrate the information and recommendations from the fleet analysis module into their procurement and budget management processes, providing a strategic assessment of budgeting, asset requisition and management. Collecting fixed asset lifecycle data provides analytical information for planning fixed asset purchases and allocating assets to an organization’s enterprise resource planning system.

“We are thrilled to partner with Vizient to help solve some of the biggest challenges in the healthcare capital supply chain,” said Kyle Green, Founder and CEO of HANDLE. “Lack of visibility into a healthcare system’s entire fleet of assets can be extremely costly, and we’re proud to offer the platform that empowers healthcare to make better decisions based on what’s is now one of the largest fixed assets datasets in the world.

Learn more about Vizient Asset Management.

About Vizient, Inc.

Vizient, Inc.., the nation’s largest healthcare performance improvement company, serves more than 50% of the nation’s acute care providers, which includes 97% of the nation’s academic medical centers and more than 20% of outpatient care. Vizient provides expertise, analysis and advisory services, as well as a contract portfolio that represents more than $130 billion in annual purchase volume. Vizient’s solutions and services improve the delivery of high-value care by aligning cost, quality, and market performance. Based in Irving, Texas, Vizient has offices across the United States. Learn more about www.vizientinc.com.

About HANDLE Global

Global HANDLE is a leading provider of healthcare supply chain analytics and execution solutions, focused on improving data quality, improving transparency and empowering decision-making strategic. The company has designed the CCM® (Capital Cycle Management) platform, an AI-based software solution that optimizes the entire capital cycle, from planning to procurement, management and disposal. capital goods. CCM® received MedTech Breakthrough’s “Best Data Visualization Solution” award. Additionally, HANDLE’s marketplace, which is connected to CCM®, offers provisioning and end-of-life options, including equipment renewal, asset swaps, and active storage. Learn more about: http://handleglobal.com.

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