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Importing Wikidata short description: "American health care organization"
 
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{{Short description|American health care organization}}
{{Infobox company
{{Infobox company
|name=Vizient Incorporated
|name=Vizient Incorporated
|type=[[Corporation]]
|type=[[Corporation]]
|foundation=1977<ref name=factsheet>{{cite web
|foundation=2016<ref name="Founded" />
| title=VHA Fact Sheet
| publisher=VHA Inc.
| url=https://www.vha.com/AboutVHA/PressRoom/Pages/VhaFactSheet.aspx
| accessdate=2013-03-14}}</ref>
|location_city=[[Irving, Texas|Irving]], [[Texas]]
|location_city=[[Irving, Texas|Irving]], [[Texas]]
|location_country=United States
|location_country=United States
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}}
}}


'''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. 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 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'''). 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}}
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&nbsp;1, 2015, VHA and UHC merged to make one company, Vizient, 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> The combined organization officially aligned under the Vizient brand in 2016.
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]

{{Authority control}}
⚫
[[Category:Cooperatives based in Texas]]
[[Category:2016 establishments in Texas]]
[[Category:2016 establishments in Texas]]
[[Category:Companies based in Irving, Texas]]
[[Category:Companies based in Irving, Texas]]
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{{US-org-stub}}
{{US-health-org-stub}}

Latest revision as of 15:32, 6 October 2024

Vizient Incorporated
Company typeCorporation
IndustryHealthcare
Founded2016[1]
Headquarters
Irving, Texas
,
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]


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