Purchased Services Portfolio

Annual purchased services spend for U.S. hospitals is estimated to be hundreds of billions of dollars in spend and is difficult to manage due to the complexity of unique categories, decentralized decision-making and lack of operational metrics. Purchased services can comprise up to 50 percent of a hospital’s non-labor operating expense, rivaling the amount spent on medical/surgical supplies, and capital equipment. Valify is the first technology-enabled group purchasing organization exclusively dedicated to manage purchased services expense. Our platform and operator expertise are designed to enable hospitals to identify millions of dollars of savings and accelerate cost improvements across hundreds of categories.

Purchased Services dashboard preview

Our Purchase Service Solutions Offerings

Purchased Services Portfolio

Our platform is designed to enable hospitals to identify millions of dollars of savings and accelerate cost improvements.

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Custom Contracting

Valify helps hospitals and IDNs take control of service categories with average savings of 10-30% on over 1400 categories.

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Review of terms and conditions, impact to patient and staff satisfaction and invoices. Then compare results to your peers.

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Aggregated Sourcing Events

Source local vendors and services, and drive economic benefits to the community and diversity vendors.

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Purchased Services Consulting

Best practices for implementing centralized contracting, identifying fragmented and rogue spending, and managing expenses.

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Before Valify, the full view of [my health system’s] purchased services spend data was obscured and very time consuming to extract for reporting and analysis. Valify's software made us realize that we were spending over three times as much as we originally believed on purchased services. Valify makes purchased services spend reporting immediate and is imperative to have a complete view of spend in order for us to fully maximize savings and vendor management efforts.

- Vice President of vendor management at a large IDN in the southeast

Talk with our experts to learn how to realize your savings goals and develop sustainable best practices for your health system's purchased services needs.

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