Bank of America Corp. is to supply purchasing cards and electronic payments services to the Irving, Texas, health-care network VHA Inc.
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Under a three-year agreement announced Friday, VHA is to use the cards and BofA's ePayables service to reduce purchasing and vendor payment paperwork.
The relationship "will be a tremendous help for hospitals that want to reduce risks while managing costs surrounding purchases and payments," David Gillan, VHA's purchased services and strategic sourcing vice president, said in a press release. The Texas company serves 1,400 hospitals and 30,000 non-acute-care providers in the U.S.
