VHA-UHC Alliance NewCo, Inc. to Become Vizient, Inc.

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 24 day challenge with advocare 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).

http://www.businesswire.com/news/home/20151119005194/en/VHA-UHC-Alliance-NewCo-Vizient

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