NASHVILLE, Tenn.--(BUSINESS WIRE)--HCA Healthcare (NYSE: HCA), one of the nation’s leading healthcare providers, today announced it has acquired Valify, a technology company focused on helping clients reduce the overall cost of healthcare services.
Topics: Press Release
FRISCO, Texas - July 9, 2019 - PRLog -- Valify today announced that Valley Health System has selected Valify to provide analytics, benchmarks, sourcing tools, and resources at every stage of the cost reduction process.
FRISCO, Texas--(PRLOG)--June 10, 2019
Valify today announced that Prisma Health has chosen Valify as its technology partner to manage and reduce their purchased services expenses. As Prisma Health continues to unify, following the merger of Greenville Health System and Palmetto Health, gaining the ability to clearly distinguish which vendors provide outsourced services by each individual facility and by each department for every category is paramount to identifying immediate savings opportunities post-merger.
FRISCO, TX, April 2, 2019 (BUSINESS WIRE) --
Today Valify, the leading healthcare cost management company, announces the launch of the new Valify Marketplace, a comprehensive vendor catalog of products and services that allows healthcare organizations to search, compare, and select the best vendors for their needs. Today’s launch comes as a result of Valify’s September 2018 acquisition of Lucro, a Nashville-based digitalplatform for health systems to evaluate vendors. The Valify Marketplace has already been named to CIO Review’s list of the “50 most promising healthcare solutions of 2019.”
FRISCO, Texas--(PR LOG)--August 9, 2018
Valify is proud to announce that Tech Titans has selected Matt Clark, its Co-Founder & Chief Technology Officer, as a finalist for its corporate CTO of the year award.
At its black-tie event in August, Technology Association for North Texas will celebrate the achievements of cutting-edge leaders from more than 4,000 tech companies whose ideas have evolved and elevated technology in the region. This prestigious annual contest, named Tech Titans, recognizes outstanding achievements by information technology companies and individuals.
FRISCO, Texas—April 24, 2018 (BUSINESS WIRE)— Valify, a healthcare cost management company exclusively dedicated to controlling purchased services expense, today announced the addition of AllSpire Health GPO, LLC to their growing list of partnerships with healthcare collaboratives. Healthcare collaboratives are choosing Valify as their trusted technology partner to gain timely, automated data-driven insights into their members’ purchased services expense. Armed with this intelligence, collaboratives quickly identify, benchmark, execute and track savings initiatives across more than 1,200 purchased services categories. The partnership with AllSpire Health GPO, LLC is the latest in a pattern of collaboratives selecting Valify for delivering value to their members. With the addition of AllSpire Health GPO, LLC, Valify is currently aligned with six collaboratives spanning 164 hospitals and 25,800 beds.
NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthTrustSM, a performance improvement company for healthcare, announced today its selection of Valify, LLC as its technology partner for expense visibility and benchmarking for purchased services. Valify, a healthcare cost management company dedicated to controlling purchased services expense, offers organizations the ability to identify and benchmark expense and manage savings targets in over 1,200 categories. Under the agreement, members engaging with HealthTrust inSight AdvisorySM will gain access to Valify’s database of $177 billion in categorized spend.
“Valify is proud to partner with HealthTrust’s inSight Advisory purchased services team,” noted Chris Heckler, president and CEO of Valify. “Combining our technology platform with the operator expertise of HealthTrust inSight Advisory is a catalyst for HealthTrust members to quickly identify and capture deeper savings in purchased services.”
“Purchased services is a large expense category for healthcare organizations, and differs from other spend areas such as medical supplies and physician preference items in that purchased services expense management requires insights into factors unique to each specific service category,” said Andy Motz, assistant vice president, HealthTrust inSight Advisory. “Our inSight Advisory members will benefit from Valify’s technology by gaining immediate visibility and improved insights that serve as a foundation for expense reduction initiatives.”
Valify, LLC is a healthcare cost management company exclusively dedicated to controlling purchased services expense. Valify’s web-based technology platform allows healthcare organizations to quickly identify, benchmark and manage savings in over 1,200 categories. With proprietary benchmarking analysis, market share insights, and prebuilt category-specific RFP templates, Valify provides a proven end-to-end purchased services solution for organizations to increase efficiency, productivity, and savings. Valify has been recognized by Gartner for its supply chain execution technology.
HealthTrust (Healthtrust Purchasing Group, L.P.) is committed to strengthening provider performance and clinical excellence through an aligned membership model and the delivery of total spend management advisory solutions that leverage our operator experience, scale and innovation. HealthTrust (http://healthtrustpg.com) serves over 1,600 acute care facilities and members in more than 26,000 other locations, including ambulatory surgery centers, physician practices, long-term care and alternate care sites. On Twitter @healthtrustpg.
Asheville, North Carolina, November 2, 2017 — Capstone Health Alliance is pleased to announce a new agreement with Valify, a healthcare cost management company exclusively dedicated to controlling purchased services spend. Valify’s technology platform enables organizations to quickly identify spend, benchmark performance, and monitor savings across 1,200 purchased services categories. Valify’s integrated solution includes a suite of efficiency, productivity, and savings software tools that offers Capstone members complete spend visibility at the facility and department level, purchased services opportunity assessments, access to a library of pre-built and customizable RFP templates, and the continual monitoring of savings initiatives. In partnering with Valify, Capstone members will also receive the industry’s most comprehensive benchmarks on price and utilization due to Valify’s database of $177B in total spend from 680+ health organizations.
FRISCO, Texas--(PR LOG)--August 11, 2017--Valify, a purchased services technology solution that enables healthcare organizations to quickly identify spend, benchmark performance, and monitor savings in over 1,200 spend categories, today announced it is launching their Sourcing Collaboration Suite. With today’s launch of an inaugural module centered on creating and managing requests for proposals (RFPs), Valify extends its lead as the healthcare industry’s most comprehensive cost management solution for purchased services.
Topics: Press Release