Case Study: Ballad Health achieves $9M+ in pharmacy savings with Vizient

Ballad Health saves $2.4M in two years with Vizient

Ballad Health, an integrated community health system serving 29 counties across multiple states, faced lower margins due to steadily rising inpatient pharmacy drug prices. They turned to their spend management partner, Vizient, to identify sustainable cost reduction opportunities using solutions like the Novaplus Enhanced Supply Program and the S3P Pharmacy Network.

Working with Vizient pharmacy experts, Ballad Health implemented a three-year strategic plan that aggregated spending and drove contract standardization. Vizient provided insights and tools like the Pharmacy Value Tracker to track progress. The results were significant, with over $2.4 million saved in two years after joining the S3P Pharmacy Network and over $9 million in total financial improvements realized since the start of the partnership.

Ballad Health