Company Research Report: Vaya Health

Company Overview

• Name: Vaya Health

• Mission: Vaya Health's mission is to embrace innovation and adapt to the changing healthcare environment by maximizing resources for the long-term benefit of the people and communities they serve, especially those facing challenges with mental illness, substance use, intellectual/developmental disabilities (I/DD), and/or traumatic brain injuries.

• Founded: Vaya Health has its roots dating back to 1972 as an area authority in North Carolina.

• Key People:

• Tracy Hayes: Area Director and Chief Executive Officer

• Rhonda Cox: Executive Vice President and Chief Operating Officer

• Larry Hill: Executive Vice President and Chief Financial Officer

• Robert Webb: Executive Vice President and Chief Information Officer

• Steve Martin: General Counsel and Chief Compliance Officer

• Dr. Richard Zenn: Chief Medical Officer

• Danielle Wittekind: Chief Human Resources Officer

• Headquarters: Asheville, North Carolina

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Vaya Health is known for managing Medicaid, as well as federal, state, and local funding to connect individuals with mental health, substance use, I/DD, and TBI-related needs to appropriate healthcare services and support across North Carolina.

Products

Vaya Health does not provide products in the traditional sense but offers comprehensive service plans including:

• Behavioral Health and Intellectual/Developmental Disabilities Tailored Plan

• Description: This plan offers a range of services for mental health, substance use, I/DD, TBI, and physical health, including Long-term Services and Supports for eligible Medicaid recipients.

• State-Funded Services

• Description: These services are for North Carolina residents requiring mental health, substance use recovery, I/DD, and TBI services, with no or insufficient insurance coverage.

• Integration Services

• Key Features: Focuses on connecting individuals to the necessary health, housing, food, and employment services, ensuring holistic and person-centered care.

Recent Developments

• Innovation Award: Vaya Health won the 2024 Innovation Award for the Housing Stability Initiative, which utilizes a proactive early warning system to address and resolve housing concerns.

• Hurricane Helene Response: Vaya played a vital role in response and recovery efforts for communities affected by Hurricane Helene, ensuring behavioral health support in affected areas.

• System of Care Model: Vaya Health continues to enhance community partnerships with local agencies and organizations to create tailored solutions for children, youth, and families.

• Initiatives for Veterans: Vaya maintains ongoing initiatives for North Carolina's military community, providing support through the NCServes network.

• Partnerships with the Eastern Band of Cherokee Indians: Vaya continues its commitment to Tribal health equity through partnerships with EBCI and CIHA to enhance support for Tribal members.

Conclusion

Vaya Health is a pivotal managed care organization in North Carolina focused on comprehensive, person-centered health care, specializing in mental health, substance use disorders, intellectual/developmental disabilities, and traumatic brain injuries. Through continuous community-based partnerships, innovative support programs, and a commitment to service diversity, Vaya Health aims to advance healthcare outcomes and equity across the state.