Author: Valify Team

Navigant Average operating margins

5 Healthcare Purchased Services & Supply Chain Predictions for 2019

Posted on | by Valify Team

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The evolution of supply chain management is having a significant impact on the overall success or failure of a hospital. Efficiency, transparency, and quality data will be critical to a health system’s successful 2019 supply chain strategy. Simply following the same trajectory as years past with your existing supply chain isn’t going to provide results in the future and could potentially do some harm. Hospitals and health systems need to transform their supply chains – aiming for best-in-class operations.

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Volunteer Day at Frisco Resale

Valify Volunteer Day: Supporting Our Community with Frisco Family Services

Posted on | by Valify Team

A normal day at Valify, a leader in healthcare purchased services expense management, includes meticulous sorting and categorizing of countless and widely varying purchased services expenses from medical gas to snow plowing transactions, and anything in between. Our mission is to help hospitals navigate the twisting, winding maze that is the healthcare supply chain and significantly impact their purchased services cost reduction goals. Recently, however, the Valify team stepped away from our keyboards and offices with another mission in mind to lend a helping-supply-chain-hand to our community.

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Grid of HCP Conference Events

Valify Attends 2018 Fall HCP Conference, Raises Funds for Chicago Animal Shelter

Posted on | by Valify Team

Valify recently attended the Health Connect Partners (HCP) Hospital Supply Chain Fall Conference held in Chicago from October 17th to 19th. The goal of HCP is to connect providers and suppliers through educational meetings and conferences. By bringing providers and suppliers together through industry-specific conferences, including Hospital Pharmacy, Hospital O.R. & Surgical, Radiology & Imaging, Hospital Supply Chain and Hospital & Healthcare I.T, HCP accomplishes its mission of providing the best in healthcare education and networking. In addition to connecting with peers, attendees were given access to cutting-edge informational sessions, participated in reverse EXPO sessions with industry leaders, and increased their brand visibility and exposure.

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Behavioral Health: What are you doing for your patients and employees?

Posted on | by Valify Team

Being Proactive about Behavioral Health

Based on our clients’ major initiatives, we’ve seen an increase in employee and patient engagement wellness projects on our platform over the last six months. These projects mainly focus on the physical well-being of a given population, but what about mental health initiatives?

With the high-profile suicides of celebrities such as Kate Spade, Anthony Bourdain, and Robin Williams, there is increased concern about mental well-being and its role in overall health and wellness. It’s also very likely that we all have been touched personally by suicide: rates are up 25% since 1999, and suicide is now a top 10 cause of death in the United States. While we’re willing to help our loved ones who are struggling, symptoms are often hidden to seem ‘normal’ and avoided to ‘not feel like a burden.’ Furthermore, 54% of suicide victims have no report of prior mental illness. Continue reading →

Mental Health

Spotlight on Digital Solutions for Mental Health: The Providence St. Joseph Health Experience

Posted on | by Valify Team

Finding Digital Solutions for Mental Health

We work with some pretty incredible innovation teams, and Providence St. Joseph Health (PSJH) is high on our list of favorite partners. Recently, they published an article in Forbes highlighting the impact of digital health initiatives for mental health, and (fun fact!) they used Valify Marketplace (formerly Lucro) for their vendor evaluation.

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Nurse checking patients blood pressure

Clinical Services: To outsource or To Not Outsource, That Is the Question

Posted on | by Valify Team

When providers think of purchased services, their minds typically go to facility support, IT, and ancillary services. However, this  scope is too limited and doesn’t encompass the full breadth of what falls under the definition of purchased services. The fact is, there are over 250 clinical services that are categorized as a purchased service including pharmacy compounding services, dialysis services, imaging services, and neurology services.

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Staffing Locum Tenens Webinar

Key Takeaways: Locum Tenens Webinar

Posted on | by Valify Team

Key takeaways from recent webinar on Dialysis coming soon!

A large percentage of a hospitals overall cost structure is comprised of staffing and related payroll. Yet, the outsourced staffing industry does not maintain adequate transparency when it comes to managing costs to the end users, making price assessments difficult for health systems.

Below we’ve compiled the key takeaways from our recent educational webinar in which we provide information for health systems to more easily assess pricing and best practices when evaluating Staffing and Locum Tenens vendors. Read the synopsis below.

Click here to request the full webinar recording.

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Also check out our in-depth articles on Staffing and Locum Tenens for additional background information.

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Market Analysis: Dialysis

Market Analysis: Dialysis

Posted on | by Valify Team

Dialysis is a necessary procedure that allows nearly 500,000 patients in the United States with kidney failure the opportunity to live normal, productive lives. The treatment removes waste, salt, and extra water when the native kidneys are no longer able. Though there are several types of dialysis, the most common is Hemodialysis, in which blood is removed from the body, run through a dialyzer, cleaned, and replaced into the body. Dialysis takes three hours to complete and is offered by health systems as inpatient and outpatient treatments.

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