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Vizient, Inc.

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VHA Incorporated
Company typeCorporation
IndustryHealthcare
Founded1977[1]
Headquarters,
United States
Key people
Curt Nonomaque, President, CEO
Marna Borgstrom, Board of Directors Chair
RevenueIncrease $697 Million USD (2011)[1]
Number of employees
1,000 (2014) [1]

VHA Inc., based in Irving, Texas, is a corporation that serves 5,000 not-for-profit health system members and their affiliates - which includes 1,360 acute care hospitals. 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]

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 VHA changed its name to move beyond the outdated and often-misunderstood concepts of "voluntary" and "hospitals," while retaining its name recognition.[citation needed] VHA is a nationwide network of leading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]

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.[2] VHA-UHC Alliance is announcing the combined organization’s new name – Vizient, Inc. Beginning in January 2016, the combined organization will officially align under the Vizient brand.

References

  1. ^ a b c "VHA Fact Sheet". VHA Inc. Retrieved 2013-03-14.
  2. ^ https://www.vha.com/AboutVHA/PressRoom/PressReleases/Pages/2015_0203_UHC.aspx