UTHealth ranked a top state agency for HUB participation
Posted: October 20, 2017
HOUSTON – (Dec. 12, 2016) – For the second consecutive year, The University of Texas Health Science Center at Houston (UTHealth) is one of the top agencies in Texas utilizing Historically Underutilized Businesses (HUBs). According to a recent report for the 2016 fiscal year (FY 2016), out of the top 50 Texas agencies in total spending, UTHealth ranked 20th in total percentage of HUB expenditures at 14.23 percent.
As a result, UTHealth has the fourth-highest HUB spending percentage among Texas health components. This group of institutions includes six University of Texas System health-related institutions as well as Texas A&M University Health Science Center, Texas Tech University Health Science Center and the University of North Texas Health Science Center at Fort Worth.
UTHealth conducted business with 194 HUB suppliers in FY 2016, resulting in nearly $20.3 million in HUB expenditures.
“I’m proud of our work with HUB vendors,” said Kevin Dillon, M.B.A., C.P.A., senior executive vice president, chief operating and financial officer at UTHealth. “It’s the result of sustained commitment and lots of follow through from the entire Health Science Center.”
A HUB is a for-profit business that is at least 51 percent owned by an Asian Pacific American, Black American, Hispanic American, Native American, American woman and/or Service Disabled Veteran. In response to the Texas Legislature's efforts to encourage state agencies to do business with minority- and woman-owned businesses, UTHealth has worked for several years to increase participation levels with HUB vendors. The university has a HUB and Small Business Program that identifies, educates and assists HUBs and small businesses in participating in the purchasing process, thereby increasing the number and value of contracts and purchases awarded to HUB vendors by UTHealth.
HUB participation is important to UTHealth and is a measure of the university’s commitment to diversity and its ability to engage with the local community in the buying of goods and services needed for operations.
UTHealth encourages its employees with the authority to obligate funds to support HUBs. For more information on the HUB program and to locate HUB vendors, visit the HUB website or contact the manager of HUB and Small Business Program, Shaun McGowan, at Shaun.A.McGowan@uth.tmc.edu.