History

The Mat-Su Health Foundation is the venerable valley institution - Valley Hospital Association. In 2005 the Association’s Board of Directors formally approved the creation of a Foundation and set long-term goals in place. The Mat-Su Health Foundation (MSHF) is now actively engaged in its mission of working in the community to improve the quality of health and wellness among Mat-Su Borough residents. The Foundation provides funding to support programs designed to address health related problems in the Mat-Su Borough.

This change follows the 2003 creation of a joint venture between Valley Hospital Association (VHA) and Triad Hospitals. The joint venture began construction of a new and greatly expanded hospital, the Mat-Su Regional Medical Center. The new Mat-Su Regional Medical Center (MSRMC) is located between Palmer and Wasilla with access off the Parks Highway. The new medical campus opened in January 2006. At MSRMC patients will experience an expanded array of available health-care services, technology, and health care professionals. We think the new medical center is spectacular and will make a significant contribution to improve health in our valley. VHA is proud to be a joint owner in this new state-of-the-art medical facility! In 2007, Triad Hospitals were purchased by Community Health Systems.

While Valley Hospital Association will continue to be an owner in the new Mat-Su Regional Medical Center - the Association no longer directly controls the hospital’s day-to-day operations. However, the Association remains actively involved in guiding the Medical Center’s operations through participation on the Mat-Su Regional Medical Center’s Board of Directors.

Valley Hospital’s joint venture arrangement has done more than produce a new medical center offering expanded medical care for area residents. Due to the foresight of the Board, which guided the Association through the complicated joint venture process, the newly formed and adequately funded Mat-Su Health Foundation (MSHF) also emerged. In global terms, the new Mat-Su Regional Medical Center now represents the cornerstone of medical healthcare in the Valley. The Mat-Su Health Foundation (“Foundation”) is a companion cornerstone with its mission of working in the community towards improving the health and wellness of Mat-Su residents.