Vizient, Inc.

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. 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.

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

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 The name change was to move beyond the outdated and often-misunderstood concepts of "voluntary" and "hospitals", while retaining its name recognition.

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.

References


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.