Vanguard Health Systems Inc (VHS)

Vanguard Health Systems, Inc. owns and operates general acute care and specialty hospitals, and outpatient facilities in urban and suburban markets in the United States. The company’s general acute care and speciality hospitals offer various medical and surgical services, including emergency services, general surgery, internal medicine, cardiology, obstetrics, orthopaedics, and neurology, as well as tertiary services, such as open-heart surgery, advanced neurosurgery, children’s speciality, level II and III neonatal intensive care, and level 1 trauma. It also provides on-campus and off-campus outpatient and ancillary services comprising outpatient surgery, physical therapy, rehabilitation, radiation therapy, home health, diagnostic imaging, and laboratory services, as well as outpatient services at its imaging centres and ambulatory surgery centres. In addition, it operates health plans, which include Phoenix Health Plan, a Medicaid-managed health plan in Arizona; Abrazo Advantage Health Plan, a Medicare and Medicaid-eligible managed health plan in Arizona; Chicago Health Systems, a contracting entity for outpatient services under multiple contracts and inpatient services for one contract in the Chicago area; ProCare Health Plan, a Medicaid managed health plan operating in Michigan; and Valley Baptist Insurance Company that offers health maintenance organization products to its members in the form of large group, small group, and individual product offerings in south Texas. The company was incorporated in 1997 and is headquartered in Nashville, Tennessee. As of October 1, 2013, Vanguard Health Systems Inc. operates as a subsidiary of Tenet Healthcare Corporation.