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OPERATIONS
November 19, 2024
Visa Direct, Zelis, and Dash Solutions have entered a strategic partnership aimed at transforming healthcare disbursements for consumers. This collaboration leverages Dash's innovative digital platform, Visa Direct's global payment network, and the Zelis Advanced Payments Platform (ZAPP) to streamline and accelerate healthcare payments.
Through this partnership, members can receive healthcare-related payments within minutes of approval, marking a significant improvement over traditional processing times. The integration offers flexible payment options, enabling consumers to select real-time payments, digital solutions, or traditional methods that suit their preferences.
Key highlights of the partnership include:
Stephen Faust, CEO of Dash Solutions, emphasized the significance of this collaboration in addressing complex healthcare payment challenges. According to Yusuf Qasim, President of Payments Optimization at Zelis, the partnership empowers payers to manage disbursements more effectively while improving member satisfaction. Yanilsa Gonzalez Ore, Head of Visa Direct North America, noted that combining Visa’s trusted global network with Dash’s platform creates a more efficient and transparent payment ecosystem.
This initiative represents a milestone in healthcare payments, aligning technology with consumer-centric solutions to create a seamless and secure payment environment.
OTHER
November 18, 2024
Vizient, a leading healthcare performance improvement company, has unveiled its latest innovation, Capital Spend Insights, aimed at simplifying and optimizing capital equipment purchasing processes. This advanced platform is designed to address inefficiencies in capital expenditure management, enabling healthcare organizations to streamline procurement and save costs effectively.
According to Debra Zastrocky, Vice President of Capital Equipment Programs at Vizient, the tool is tailored to meet the diverse needs of healthcare organizations. It provides key decision-making insights to enhance the effectiveness of capital equipment purchasing strategies, helping members reduce costs and improve overall efficiency.
Capital Spend Insights empowers healthcare providers with advanced analytics to make informed purchasing decisions. Among its notable features are:
This solution is designed to integrate seamlessly into Vizient’s broader suite of healthcare tools, addressing procurement challenges through a user-friendly and actionable interface. By fostering collaboration and leveraging industry-wide benchmarks, Capital Spend Insights ensures that healthcare providers can secure the best possible deals on high-value capital equipment.
The tool is now available and can be explored further through Vizient's official Capital Spend Insights platform. Healthcare organizations are encouraged to adopt this innovative tool to achieve significant cost savings while ensuring procurement excellence.
Vizient continues to demonstrate its commitment to advancing healthcare through innovation, providing tailored solutions that align with the unique needs of its member organizations.
AMBULATORY
November 13, 2024
Vizient, Inc., a leading healthcare performance improvement company, has released its latest Medical Device Tech Watch report, delving into the evolving landscape of coronary artery bypass grafting (CABG) procedures and orthopedic surgeries in ambulatory settings. This publication underscores key trends, challenges, and innovations shaping these fields in healthcare.
With the prevalence of coronary artery disease projected to increase over the next decade, Vizient anticipates a rise in CABG procedures. The company emphasizes the importance of cross-functional collaboration among healthcare providers, including supply chain, physicians, strategy, quality, finance, and operations teams, to optimize both financial and clinical outcomes in CABG procedures.
In orthopedic surgery, outpatient procedures are expected to grow by more than 13% in the coming years. The shift to ambulatory settings demands careful navigation of staffing, regulatory, and patient care challenges to maintain operational efficiency and financial sustainability. Providers are encouraged to adapt to the increasing complexity of these procedures while prioritizing patient outcomes.
The report also highlights innovations in internal leg lengthening treatments for children with congenital femoral deficiencies, offering promising advancements in patient care through improved bone biology understanding and technology integration. Healthcare providers are advised to account for the complexities of these advanced procedures when adopting emerging treatments.
Bonnie Lai, Senior Vice President of Vizient’s Physician Preference Item Spend Management, commented on the findings, stating, “Every service line encounters unique challenges, but the objective remains the same – achieving optimal patient outcomes. We aim to help providers maximize the value of every dollar spent on medical devices, including new innovations.”
This report represents Vizient’s commitment to advancing healthcare practices through comprehensive analysis and innovative solutions. The complete Medical Device Tech Watch is available to healthcare providers seeking insights on these topics.
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November 11, 2024
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