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Vizient Acquires Safe & Reliable Healthcare, Creates New Streamlined Solution For Sustained Delivery Of Safe Healthcare

Aug 01, 2022•over 3 years ago

Acquiring Company

Vizient

Acquired Company

Navigator Healthcare

IrvingNew YorkMedicalHealth CareHealthcare

Description

Vizient, Inc. today announced it has acquired Safe & Reliable Healthcare, a leading provider of high reliability services, with more than a decade of proven experience in transforming cultures to create resilience, enhance workforce engagement and accountability, and help healthcare organizations deliver consistently safer and more reliable patient care.

Company Information

Company

Vizient

Location

Irving, Texas, United States

About

Vizient, Inc. , the nation’s largest provider-driven healthcare performance improvement company, serves more than 65% of the nation’s acute care providers, including 97% of the nation’s academic medical centers, and more than 35% of the non-acute market. The Vizient contract portfolio represents $140 billion in annual purchasing volume enabling the delivery of cost-effective, high-value care. With its acquisition of Kaufman Hall in 2024, Vizient expanded its advisory services to help providers achieve financial, strategic, clinical and operational excellence. Headquartered in Irving, Texas, Vizient has offices throughout the United States.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed