Syft Announces Expanded Contract Agreement with Vizient

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TAMPA, Florida., January 25, 2022 /PRNewswire/ — Syft®, a leading provider of AI-enhanced inventory control and end-to-end hospital supply chain management software and services, today announced it has been awarded an extension and a contract extension with Vizient, Inc., the nation’s largest member-driven health care performance improvement enterprise. The recently extended and expanded contract includes deceased person management and tracking software, clinical inventory services and pharmaceutical inventory services for hospitals and healthcare systems.

Vizient’s diverse membership and customer base includes academic medical centers, pediatric facilities, community hospitals, integrated healthcare delivery networks, and non-acute healthcare providers. Vizient membership represents more than $110 billion in annual purchase volume.

“Our expanded contract with Vizient is extremely important to our organization and to hospitals across the country. Services such as death 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 deceased persons in a compassionate and detail-oriented way,” said Todd Plesk, CEO of Syft. “This is critical for hospitals as it helps reduce costly errors.”

Syft’s clinical and pharmaceutical inventory services also help hospitals efficiently manage inventories at the point of use and across the hospital or healthcare system, including inpatients, outpatients, 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, one-year comparison reports on the other and dedicated account managers who conduct quarterly business reviews, among other things. value-added services.

“We are excited to further extend our agreement with Vizient and provide access to enhanced contracts that deliver key service offerings to their members. This contract will allow hospitals to have more accurate inventory counts and greater visibility into savings opportunities,” said Rebecca AddisonVice President, Inventory Services for Syft.

About Syft

Syft® enables enterprise-wide inventory management through a powerful combination of services, automation tools, and real-time data analytics. The comprehensive Syft Synergy® platform eliminates the need for multi-point solutions and facilitates immediate supply savings through a range of features including master data management, inventory services, chain management software procurement, analytics and advanced reporting. Founded in 1999, Syft is used by more than 245 customers (970 US hospitals) to control costs, processes and productivity across the organization. In the past decade alone, Syft has performed more than 9,200 inventories, totaling more than $15 billion in valued inventory. For more information, visit Syft at www.syftco.com.

For more information
John Gonda
616.309.4888
[email protected]

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