Important Announcement

Important Announcement

 

Important Announcement

 

Hello, Valued Member:

 

Intalere is committed to providing valuable solutions to our customers and to keeping you informed about our evolving business.

Vizient, Inc. announced today that it has signed an agreement under which it will acquire Intalere from Intermountain Healthcare, thereby enhancing its position as an industry leader in health care supply chain procurement, market intelligence, strategic analytics and comprehensive consulting services. Intermountain Healthcare will also be expanding its relationship with Vizient beyond its current utilization of Vizient’s analytic tools.

We believe Vizient is the ideal partner and view this transaction as a strategic fit that will generate many benefits for our members and their patients. Combining our complementary businesses will allow us to collectively bring more value to healthcare providers across the small health systems and post-acute segments Intalere serves.

This acquisition builds on the combined strengths of both Vizient and Intalere and furthers our ability to meet the growing needs of the increasingly diverse range of members and customers we serve. This transaction also delivers greater scale and market presence for members by leveraging investments across a larger member/customer base, increasing efficiency, enriching our competitive capabilities and expanding access to leading practices, networking and knowledge-sharing. Moreover, the expanded scope and scale of data will further enrich insights for the benefit of the broader membership.

Together we will be forming an integration planning team, consisting of leaders from both organizations, to evaluate our respective capabilities in greater detail to develop our integration approach and build out a complete integration timeline.

As always, the providers we serve are at the center of all that we do, and we remain committed to the same service you’ve come to expect from each of us. Please note that we do not expect the transaction to close until early 2021 due to the need to obtain regulatory approval of the transaction. Accordingly, we will continue business as usual until the transaction is officially closed. Until that time, Vizient and Intalere remain separate and competing entities.

We look forward to sharing our plans once the transaction closes. Please feel free to reach out to Steve Kiewiet, Chief Commercial Officer at Intalere, with any questions.

 

Sincerely,

 

Julius Heil

President & CEO

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