Pharmacy strategy multiplies your margins
Connect pharmacy spend, supply resilience, and strategy to protect access, control cost, and strengthen performance.
Pharmacy performance requires unified strategy
Drug spend becomes harder to control when contracting, shortage response, formulary strategy, and operational decisions are managed in separate lanes. Vizient helps leaders build a more connected pharmacy performance model that supports cost control, medication access, and enterprise financial discipline at the same time.
In practice
What stronger pharmacy strategy makes possible
Analytics drive pharmacy savings
Ballad Health generated $9 million in financial improvements by combining analytics, contracting, and aggregated purchasing power.
Supply resilience protects medication access
Vizient's drug shortage programs delivered critical medications to 5.5 million patients across disruptions, ensuring uninterrupted care systemwide.
AI transforms pharmacy operations
Technology augments pharmacy teams by automating administrative work, enabling clinicians to focus on high-value patient care.
It’s crucial that healthcare leaders capitalize on the role of pharmacy in this growing market when thinking through implications from specific storage needs and staffing resources to navigating high-drug costs, payer strategies and creating equitable access for patients.
Pharmacy costs demand strategic control
Rising inflation, $900 million in shortage-related labor costs, and pharmacy's growing spend share make strategic sourcing and supply resilience essential.
Projected pharmacy inflation
Pharmacy price inflation is projected at 2.84% between July 2026 and June 2027
The labor cost of drug shortages
Our recent survey found that drug shortages cost hospitals nearly $900 million annually in labor expenses
Share of total hospital spend
Drugs make up 13.8% of total hospital spend, before factoring in labor
PRODUCTS
The capabilities behind the solution
Pharmacy Analytics
Use clearer visibility into spend, utilization, and category movement so pharmacy leaders can prioritize the right actions faster.
Pharmacy Aggregation Groups
Strengthen purchasing leverage and contract performance across inpatient and outpatient pharmacy spend categories.
Drug shortage resilience and supply programs
Improve medication access with shortage alerts, mitigation guidance, and buffer inventory support tied to real operational risk.
Pharmacy Advisory
Connect analytics, staffing, operations, and regulatory guidance so pharmacy strategy can influence broader enterprise performance.
Cell and gene therapy expertise
Advisory support, networking opportunities, and educational resources to support your operations around these therapies.
Strategic Pharmacy Spend Management
Control pharmacy spend with better visibility and intervention discipline
Pharmacy performance improves when leaders can connect spend movement, utilization patterns, and contract signals quickly enough to act before cost pressure becomes normalized.
Proactive Supply Resilience
Make medication access a strategic capability, not a crisis response
Shortage resilience is stronger when market intelligence, mitigation guidance, and buffer strategies are in place before disruption forces last-minute clinical and operational workarounds.
Enterprise Pharmacy Performance
Turn pharmacy decisions into stronger enterprise performance
Aggregation, biosimilar adoption, formulary discipline, and operational improvement matter most when they translate into measurable savings, more stable access, and better financial planning across the enterprise.
ASSESS YOUR ORGANIZATION
See your organization's performance in perspective
See how you compare and where to focus next.