Recognition honors those companies who recognize their critical role
to influence and drive positive change in the business community and
societies around the world.
IRVING, Texas–(BUSINESS WIRE)–Vizient,
Inc., the largest member-driven health care performance improvement
company in the U.S., has been recognized by the Ethisphere Institute, a
global leader in defining and advancing the standards of ethical
business practices, as one of the 2019
World’s Most Ethical Companies.
This is the fourth year Vizient has been recognized and is one of only
three honorees in the Business Services category, underscoring our
commitment to leading with integrity and prioritizing ethical business
practices. Last year, Vizient also received the Ethisphere Institute’s
two-year “Ethics Inside” certification for 2018-2019.
In 2019, 128 honorees were recognized spanning 21 countries and 50
industries. This class of honorees profoundly illustrate how companies
continue to be the driving force for improving communities, building
capable and empowered workforces, and fostering corporate cultures
focused on ethics and a strong sense of purpose.
In executing its business strategy, Vizient operates from a dynamic set
of values that drive both the performance of the company and the
experience it creates for employees, members and contracted suppliers.
“We are honored to again be recognized as one of World’s Most Ethical
Companies. As the nation’s leading healthcare performance improvement
company, our members look to us to bring new levels of data and insight
around cost, quality and market performance to help them provide better
outcomes to patients,” said Byron
Jobe, president and chief executive officer of Vizient. “To do this,
we rely on the ethics, integrity and diversity within our company’s
culture to offer new approaches to improving the continuum of care.”
“Today, employees, investors and stakeholders are putting their greatest
trust in companies to take leadership on societal issues. Companies that
take the long view with a purpose-based strategy are proven to not only
outperform but last,” said Ethisphere’s Chief Executive Officer, Timothy
Erblich. “I congratulate everyone at Vizient for earning this
Methodology & Scoring
The World’s Most Ethical Companies assessment is based upon the
Ethisphere Institute’s Ethics
Quotient® (EQ) framework, which offers a quantitative way
to assess a company’s performance in an objective, consistent and
standardized manner. The information collected provides a comprehensive
sampling of definitive criteria of core competencies rather than all
aspects of corporate governance, risk, sustainability, compliance and
Scores are generated in five key categories: ethics and compliance
program (35 percent), culture of ethics (20 percent), corporate
citizenship and responsibility (20 percent), governance (15 percent) and
leadership and reputation (10 percent). All companies that participate
in the assessment process receive their scores, providing them with
valuable insights into how they stack up against leading organizations.
The full list of the 2019 World’s Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
Best practices and insights from the 2019 honorees will be released in a
report and webcast in March and April of this year. Sign
up to receive the report.
About Vizient, Inc.
Vizient, Inc., the largest member-driven health care performance
improvement company in the country, provides innovative data-driven
solutions, expertise and collaborative opportunities that lead to
improved patient outcomes and lower costs. Vizient’s diverse membership
base includes academic medical centers, pediatric facilities, community
hospitals, integrated health delivery networks and non-acute health care
providers and represents approximately $100 billion in annual purchasing
volume. The Vizient brand identity represents the integration of VHA
Inc., University HealthSystem Consortium and Novation, which combined in
2015, as well as MedAssets’ Spend and Clinical Resource Management (SCM)
segment, including Sg2, which was acquired in 2016. In 2019, Vizient
again received a World’s Most Ethical Company designation from the
Ethisphere Institute. Vizient’s headquarters are in Irving, Texas, with
locations in Chicago and other cities across the United States. Please
as well as our newsroom,
pages for more information about the company.
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing
the standards of ethical business practices that fuel corporate
character, marketplace trust and business success. Ethisphere has deep
expertise in measuring and defining core ethics standards using
data-driven insights that help companies enhance corporate character and
measure and improve culture. Ethisphere honors superior achievement
through its World’s Most Ethical Companies recognition program and
provides a community of industry experts with the Business Ethics
Leadership Alliance (BELA). More information about Ethisphere can be
found at: https://ethisphere.com.
Vizient Media Contact
Ethisphere Media Contact