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{{Short description|American health care organization}}
{{Infobox company
{{Infobox company
| name = VHA Incorporated
|name=Vizient Incorporated
| type = [[Corporation]]
|type=[[Corporation]]
| foundation = 1977<ref name=factsheet>{{cite web
|foundation=2016<ref name="Founded" />
|location_city=[[Irving, Texas|Irving]], [[Texas]]
| title=VHA Fact Sheet
|location_country=United States
| publisher=VHA Inc.
|key_people=Byron Jobe, President, CEO
| url=https://www.vha.com/AboutVHA/PressRoom/Pages/VhaFactSheet.aspx
|industry=[[Healthcare]]
| accessdate=2013-03-14}}</ref>
<!--|revenue={{gain}} $697 Million [[United States dollar|USD]] (2011)<ref name=factsheet />-->
| location_city = [[Irving, Texas|Irving]], [[Texas]]
<!--|num_employees=1,000 (2014)<ref name=factsheet />-->
| location_country = United States
| key_people = Curt Nonomaque, President, CEO<br>Marna Borgstrom, Board of Directors Chair
| industry = [[Healthcare]]
| revenue = {{gain}} $697 Million [[United States dollar|USD]] (2011)<ref name=factsheet />
| num_employees = 1,000 (2014) <ref name=factsheet />
}}
}}


'''VHA Inc.''', based in [[Irving, Texas|Irving]], [[Texas]], is a corporation that serves 5,000 not-for-profit health system members and their affiliates - which includes 1,360 acute care [[hospital]]s. Founded in 1977, VHA is a network of not-for-profit [[health care]] organizations working in clinical, financial and operational management. VHA and UHC own a supply chain company called Novation and aptitude(R), the industry's first online direct market for local contracting. VHA also owns Provista, the enterprise's supply chain company serving the non-acute market as well as government, education and business sectors. There are 1,600 employees across the enterprise.{{citation needed|date=April 2015}}
'''Vizient Inc.''', based in [[Irving, Texas|Irving]], [[Texas]], is a corporation that serves over 5,000 not-for-profit health system members and their affiliates, including 1,360&nbsp;acute care hospitals. Founded in 2016, it is a successor company to '''VHA, Inc.''', founded in 1977 as a network of not-for-profit [[health care]] organizations working in clinical, financial, and operational management.<ref name=":0">{{Cite web |title=VHA-UHC supply chain company rebrands as Vizient post-merger |url=https://www.healthcarefinancenews.com/news/vha-uhc-supply-chain-company-rebrands-vizient-post-merger |access-date=2024-07-31 |website=Healthcare Finance News |language=en}}</ref> VHA and '''UHC''' ('''University HealthSystem Consortium''') owned a supply chain company called '''Novation''' and aptitude(R), the industry's first online direct market for local contracting. VHA also owned '''Provista''', the enterprise's supply chain company serving the non-acute market as well as government, education, and business sectors. There are over 4,000 employees across the enterprise.{{citation needed|date=April 2015}}


VHA changed its name in 1994, adopting the initials of its former name ("Voluntary Hospitals of America"). VHA is a registered trademark. VHA changed its name to move beyond the outdated and often-misunderstood concepts of "voluntary" and "hospitals," while retaining its name recognition.{{citation needed|date=April 2015}} VHA is a nationwide network of leading community-owned health care organizations and physicians and is not associated or affiliated in any way with the Veterans Health Administration of the U.S. Department of Veterans Affairs or Variable Housing Allowances.{{citation needed|date=April 2015}}
VHA changed its name in 1994, adopting the initials of its former name ('''Voluntary Hospitals of America'''). The name change was to move beyond the outdated and often-misunderstood concepts of "voluntary" and "hospitals", while retaining its name recognition.{{citation needed|date=April 2015}}


On April 1, 2015 VHA and UHC ([[University HealthSystem Consortium]]) merged to make one company making them the largest member owned health care company in the nation.<ref>https://www.vha.com/AboutVHA/PressRoom/PressReleases/Pages/2015_0203_UHC.aspx</ref> VHA-UHC Alliance is announcing the combined organization's new name [https://www.vizientinc.com/ Vizient, Inc]. Beginning in January 2016, the combined organization will officially align under the Vizient brand.
On April&nbsp;1, 2015, VHA and UHC (University HealthSystem Consortium) merged to make one company, Vizient, making them the largest member-owned health care company in the nation.<ref name="Founded">https://www.vha.com/AboutVHA/PressRoom/PressReleases/Pages/2015_0203_UHC.aspx {{Dead link|date=February 2022}}</ref> The combined organization officially aligned under the Vizient brand in 2016.<ref name=":0" />


==References==
==References==
{{reflist}}
{{Reflist}}


==External links==
[[Category:Cooperatives in the United States]]
*[https://www.vizientinc.com Official website]
[[Category:1977 establishments in Texas]]

{{Authority control}}
[[Category:Cooperatives based in Texas]]
[[Category:2016 establishments in Texas]]
[[Category:Companies based in Irving, Texas]]
[[Category:Companies based in Irving, Texas]]
[[Category:Health care companies established in 1977]]
[[Category:Health care companies established in 2016]]




{{US-org-stub}}
{{US-health-org-stub}}

Latest revision as of 15:32, 6 October 2024

Vizient Incorporated
Company typeCorporation
IndustryHealthcare
Founded2016[1]
Headquarters,
United States
Key people
Byron Jobe, President, CEO

Vizient Inc., based in Irving, Texas, is a corporation that serves over 5,000 not-for-profit health system members and their affiliates, including 1,360 acute care hospitals. Founded in 2016, it is a successor company to VHA, Inc., founded in 1977 as a network of not-for-profit health care organizations working in clinical, financial, and operational management.[2] VHA and UHC (University HealthSystem Consortium) owned a supply chain company called Novation and aptitude(R), the industry's first online direct market for local contracting. VHA also owned Provista, the enterprise's supply chain company serving the non-acute market as well as government, education, and business sectors. There are over 4,000 employees across the enterprise.[citation needed]

VHA changed its name in 1994, adopting the initials of its former name (Voluntary Hospitals of America). The name change was to move beyond the outdated and often-misunderstood concepts of "voluntary" and "hospitals", while retaining its name recognition.[citation needed]

On April 1, 2015, VHA and UHC (University HealthSystem Consortium) merged to make one company, Vizient, making them the largest member-owned health care company in the nation.[1] The combined organization officially aligned under the Vizient brand in 2016.[2]

References

[edit]
  1. ^ a b https://www.vha.com/AboutVHA/PressRoom/PressReleases/Pages/2015_0203_UHC.aspx [dead link]
  2. ^ a b "VHA-UHC supply chain company rebrands as Vizient post-merger". Healthcare Finance News. Retrieved 2024-07-31.
[edit]