IRVING, Texas--(BUSINESS WIRE)--Earlier this year, VHA Inc. and UHC announced that they were merging their organizations, including Novation, to create the largest member-owned health care company in the country. Today, the company announces the combined organization’s new name—Vizient, Inc. Beginning in January 2016, the combined organization will officially align under the Vizient brand.
“As a combined organization, we are better positioned to work with our members to deliver exceptional, cost-effective care to the communities they serve,” said Curt Nonomaque, president and chief executive officer. “In bringing the companies together we are able to more quickly connect members with the knowledge, solutions and expertise necessary to accelerate their performance.”
The company’s goal was to create a unique and compelling brand identity that celebrates the best of each legacy company while propelling the organization into the future. The new name represents the full capabilities of the combined organization, from supply chain expertise to forward-thinking insights into cost and quality performance. The comprehensive products, services and expertise of Vizient will help members significantly improve their financial, clinical and operational performance and achieve greater value for patients and communities.
Nonomaque added, “We recognize that the ever increasing demands in our country to improve health care performance require advanced thinking, smarter analytics and collaboration to drive best practices. Vizient is ready to address these challenges in a manner that meets the individual needs of our members.”
About the Combined Organization
Effective April 1, 2015, VHA, the national health care network of not-for-profit hospitals, and UHC, the alliance of the nation’s leading academic medical centers, combined into a single organization. The combined organization includes Novation, the health care services company they already jointly own. The new entity is the largest member-owned health care company in the country and is dedicated to leading health care innovation, creating knowledge and fostering collaboration to help our members thrive. The company serves more than 5,200 health system members and affiliates as well as 118,000 non-acute health care customers. Members range from independent, community-based health care organizations to large, integrated systems and academic medical centers, and it represents more than $50 billion in annual purchasing volume. Headquarters are in Irving, Texas, with locations in Chicago and other cities across the United States.
For more information visit vha.com, uhc.edu and novationco.com. Follow us on Twitter (@VHAInc, @UHC_edu and @NovationNews).