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Vizient Invests $1 Billion to Accelerate Healthcare Performance Improvement

Business

Vizient Invests $1 Billion to Accelerate Healthcare Performance Improvement
Business

Business

Vizient Invests $1 Billion to Accelerate Healthcare Performance Improvement

2026-09-23 21:32 Last Updated At:21:50

IRVING, Texas--(BUSINESS WIRE)--Sep 23, 2026--

Today Vizient ® announced a $1 billion investment over the next four years in the expertise, products, and solutions that help healthcare organizations improve performance. The investment, announced last night at the annual Vizient Connections Summit, will support enhancements to existing solutions and the development of new technologies designed around client needs to help healthcare organizations improve their clinical, operational, supply chain, and financial performance.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260923707339/en/

One of the latest updates is Vizient Edge, the company’s new intelligent orchestration platform, bringing enterprise-wide data, analytics, AI, and expertise to healthcare leaders. The platform helps users identify performance improvement opportunities and measure results across growth strategy, clinical quality, operational, reimbursement, and supply chain functions.

“Healthcare organizations are facing increasing pressure to improve quality, manage costs, and adapt to a rapidly changing AI-driven environment,” said Arun Ramasubramanian, president of Data & Digital, Vizient. “This investment reflects our renewed commitment to helping healthcare leaders determine the next best action to improve performance. By combining Vizient's expertise with data, analytics, and AI at scale, we can help providers identify opportunities, take informed action, and achieve measurable results across their organizations.”

The investment builds on work already underway and supports a portfolio of enhancements intended to help healthcare leaders make better decisions, improve performance, and achieve stronger outcomes.

Several innovations being previewed at Summit across the Vizient Edge platform include Operational Intelligence, Vizient’s next-generation operational performance solution for health systems. Reimagined and rebuilt on the foundation of the Operational Data Base (ODB), Operational Intelligence advances operational benchmarking with AI-assisted data preparation, guided analytics and actionable intelligence, helping healthcare leaders quickly identify opportunities, understand performance drivers and act with confidence.

Summit will also showcase Strategy Intelligence, the next evolution of Sg2 EDGE, helping healthcare leaders identify growth opportunities, evaluate tradeoffs, and move confidently from insight to action. It combines claims, market demand, growth forecasts, and Vizient’s expert research and proprietary frameworks, with AI that synthesizes intelligence and accelerates strategic decision-making.

Additional enhancements previewed for the Clinical Data Base include system-level reporting and more timely analytics to drive improvement in Vizient’s industry-leading Quality & Accountability hospital rankings. Procedural Analytics is releasing a new Procedural Coach to surface and prioritize opportunities that will enable improved procedural cost and clinical outcomes through evidence-based recommended interventions.

Looking ahead, Vizient is developing the next generation of clinical, operational, and reimbursement intelligence capabilities, with additional innovations expected to become available in 2027.

About Vizient

Vizient® enables healthcare providers to deliver better, more affordable care by improving financial sustainability, enhancing system performance, and accelerating strategic growth. More than two-thirds of the nation's acute care providers and more than one-third of ambulatory providers rely on Vizient solutions and services. By combining the nation’s most influential healthcare leader networks with industry-leading data and analytics, comprehensive solutions, and advisory services through Kaufman Hall, Vizient helps providers achieve financial, clinical, and operational excellence. Headquartered in Irving, Texas, Vizient has offices throughout the United States. Learn more at vizient.com.

Vizient Edge, Vizient’s new intelligent orchestration platform, is bringing enterprise-wide data, analytics, AI, and expertise to healthcare leaders.

Vizient Edge, Vizient’s new intelligent orchestration platform, is bringing enterprise-wide data, analytics, AI, and expertise to healthcare leaders.

PHILADELPHIA--(BUSINESS WIRE)--Sep 23, 2026--

Phenom, the leader in applied AI built to redesign work operations for hiring faster, developing better and retaining longer, has been named a finalist in The 2026 A.I. Awards for its Fraud Detection Agent in the Best Bespoke or Specialized AI Solution category. The international program recognizes organizations advancing artificial intelligence and machine learning through practical, high-impact applications.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260923508305/en/

By 2028, one in four job candidates worldwide will be fake, according to Gartner, costing employers millions of dollars and putting sensitive company data at risk. Phenom Fraud Detection Agent helps organizations address this growing threat by identifying signs of resume fabrication, AI-generated interview responses and imposter candidates in real time while keeping recruiters and hiring managers in control of every final decision.

Built to Catch What Recruiters Can’t

Candidate fraud is no longer limited to an embellished resume. As remote and hybrid hiring expand, organizations face greater exposure to imposters who can potentially gain access to sensitive systems, customer information, financial data and proprietary processes. The risk spans industries, including healthcare, financial services, retail, manufacturing, hospitality and travel, where a fraudulent hire can create significant operational, security and reputational consequences.

Fraud Detection Agent unites identity, behavioral and performance signals that are difficult to evaluate consistently through any single checkpoint. Positioned at critical stages of the hiring process, the agent:

This approach helps teams spot inconsistencies earlier while ensuring that people, not the technology, make the final determination. Across diverse enterprise deployments spanning healthcare, early-career recruiting and multinational hiring operations, the agent achieved 87% confidence in duplicate identity detection, while recruiters validated 76% of AI-generated response identifications.

Fraud Detection Agent is part of Phenom’s portfolio of AI agents supporting the talent lifecycle, from hiring through development and retention. Each agent is designed to apply relevant context, such as the role, industry and location to help organizations improve operations without adding complexity for talent teams.

“Hiring teams need a reliable way to confirm that the person they’re evaluating is who they say they are,” said John Deal, Sr. Director, Product Marketing at Phenom. “Phenom built Fraud Detection Agent to connect critical signals across the hiring process into a single, actionable view, helping recruiters identify fraud that no single checkpoint can catch. This recognition underscores the urgency of the problem and the value of a trusted solution that keeps people in control.”

To see Phenom Fraud Detection Agent alongside Phenom’s full range of AI and agents for hiring, development and retention, watch AI Day 2026 on demand. Register here.

About the Cloud Awards

The Cloud Awards is an international program that has recognized industry leaders, innovators and organizational transformation in cloud computing since 2011. The Cloud Awards includes five awards programs that recognize achievement across cloud computing, software-as-a-service, cloud security, artificial intelligence and financial technology.

Winners are selected by a judging panel of international industry experts. For more information, visit the Cloud Awards website.

About Phenom

Phenom is the leader in applied AI built to redesign work operations for hiring faster, developing better and retaining longer. It understands unique industry and business needs for departments, teams, employees and candidates. This is AI that knows company DNA, powered by Engines that harmonize data and facilitate orchestration, Ontologies that guide every decision, X AI that creates hyper-personalized experiences, and Agents that work alongside teams with unprecedented speed and precision. Driven by a purpose to help a billion people find the right work, this is responsible AI that is enterprise-secure, compliant, and always explainable.

Phenom has earned accolades including: Inc. 5000’s fastest-growing companies (7 consecutive years), Deloitte Technology's Fast 500 (5 years), 11 Brandon Hall ‘Excellence in Technology’ awards including Gold for ‘Best Advance in Generative AI for Business Impact,’ Business Intelligence Group’s Artificial Intelligence Excellence Awards (3 consecutive years), 2026 and 2025 CODiE Awards, The Cloud Awards 2025/2024, The A.I. Awards 2024 and 2025, and a regional Timmy Award for launching and optimizing HelpOneBillion.com (2020).

Headquartered in Greater Philadelphia, Phenom also has offices in Canada, India, Israel, the Netherlands, Germany and the United Kingdom.

For more information, please visit www.phenom.com. Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok.

Phenom has been named a finalist in The 2026 A.I. Awards for its Fraud Detection Agent in the Best Bespoke or Specialized AI Solution category. The international program recognizes organizations advancing artificial intelligence and machine learning through practical, high-impact applications.

Phenom has been named a finalist in The 2026 A.I. Awards for its Fraud Detection Agent in the Best Bespoke or Specialized AI Solution category. The international program recognizes organizations advancing artificial intelligence and machine learning through practical, high-impact applications.

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