East End Drugs

Vizient Calls on Industry Stakeholders to Join Alliance to End Drug Shortages

Retrieved on: 
Monday, November 8, 2021
Medical Supplies, Health, Hospitals, Practice Management, General Health, Pharmaceutical, Robert Kistner, Ethisphere Institute, Industry, USP, Organization, East End Drugs, Program, Hospital, Solution, State, Patient, Risk management, Medicine

Vizient, Inc. today announced the formation of a new alliance to end drug shortages in the U.S.

Key Points: 
  • Vizient, Inc. today announced the formation of a new alliance to end drug shortages in the U.S.
  • The End Drug Shortages Alliance will provide a forum for key stakeholders across the industry to take strategic aim at one of the health care industrys most pressing and enduring issues.
  • In 2019, a Vizient member survey revealed that managing drug shortages costs U.S. hospitals more than $359 million annually in labor alone.
  • The End Drug Shortages Alliance will formally bring together industry stakeholders, including providers, group purchasing organizations, manufacturers, distributors and other industry thought leaders and champions.