Aurora Health Care Signs Multi-Year Agreement with Valify
Valify, a provider of purchased services intelligence software for the healthcare industry, announced today the execution of a multi-year agreement with Aurora Health Care.
Frisco, Texas – April 24, 2015
Valify, LLC (“Valify”), a provider of purchased services intelligence software for the healthcare industry, announced today the execution of a multi-year agreement with Aurora Health Care in Milwaukee, Wisconsin. Aurora Health Care (“Aurora”) offers services at sites in more than 90 communities throughout eastern Wisconsin and northern Illinois and serves 1.2 million patients every year via a comprehensive network of facilities, services and providers, including 15 hospitals, more than 150 clinics, 70 pharmacies and 30,000 caregivers.
Under the agreement, Valify will provide complete visibility into all purchased services spending by collecting, categorizing and benchmarking monthly non-labor data feeds from across the entire health system. Valify’s Purchased Services Intelligence solution will provide Aurora with access to all of their categorized data in an easy-to-use, clickable and searchable format that empowers their contracting team to find and track their savings opportunities. Valify will also provide Aurora with the ability to easily view their purchased services spend across each facility and identify opportunities to save through vendor standardization.
“At Valify, we are committed to helping hospitals effectively manage their purchased services spend with cost-effective solutions. We believe our software removes the confusion that has been typical of this area of business for many years, and we are confident that Valify helps healthcare providers quickly identify huge savings within just a few days,” said Chris Heckler, Valify’s president and chief executive officer.
“We selected Valify as our strategic purchased services partner because their solution provides visibility at the category level across our entire health system,” said Kathy Capp, director of sourcing strategy at Aurora Health Care. “Their solution will help us identify, build and track our savings opportunities, which we will use to build a pro-active long-term work plan driven by opportunity size and achieve our savings goals.”
Valify is leading the way in bringing innovative technology to the healthcare industry by specializing in the analysis of purchased services spending. Valify has developed a patent-pending technology that simplifies the analysis of non-labor spend through the use of automation and has assembled the industry’s largest categorized vendor database. Within just a few days after uploading your data, Valify provides hospitals with access to an intuitive online tool that strategically organizes the spend data, enabling them to easily identify opportunities, prioritize savings efforts and better prepare for vendor negotiations.
About Aurora Health Care
Aurora Health Care is a not-for-profit Wisconsin-area health care provider and a national leader in efforts to improve health care quality. Aurora offers services at sites in more than 90 communities throughout eastern Wisconsin and northern Illinois. Aurora is Wisconsin's most comprehensive health care provider and the state's largest private employer. Aurora serves more than 1.2 million patients every year via a comprehensive network of facilities, services and providers, including 15 hospitals, 159 clinics, 70 pharmacies and 30,000 amazing Caregivers. As evidenced by more than 400 active clinical trials, Aurora is dedicated to delivering innovations to provide the best possible care today, and to define the best care for tomorrow. Get helpful health and wellness information via Aurora’s Aurora MyHealth blog, Facebook page, Twitter account and Pinterest account.
President and Chief Executive Officer
Topics: Press Release