Solutions

Add millions of dollars to your bottom line.

Health systems have saved on average 20-30% per category with Valify.

Purchased services makes up at least 45% of your non-labor budget. Those dollars are often spent on unnecessary costs such as duplicate services and vendors and hidden contract fees and penalties. 

Valify empowers health systems of every size

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    Stand-Alone Hospital

    • Gain complete visibility into AP activity and trends.
    • Accurately account for every dollar in purchased services spend.
    • Benchmark spend against every facility within your system and peer hospitals to understand category utilization.
    • Access to Valify Advisory Service to realize savings and optimize bandwidth.
    • Create savings initiatives and track performance toward your goal.
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    Small to Medium Healthcare Systems (IDNs)

    • Gain complete visibility into aggregated activity and trends for the entire healthcare organization.
    • View spend data at the system level and at the facility level
    • Accurately account for every dollar in purchased services spend.
    • Benchmark spend against every facility within your system and peer hospitals to understand category utilization.
    • Create savings initiatives and track your performance toward your goal.
    • Access to Valify Advisory Services to realize savings and optimize bandwidth.
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    Large Healthcare System (IDNs)

    • Gain complete visibility into activity and trends for the entire healthcare organization.
    • Accurately account for every dollar in purchased services spend.
    • Identify vendor consolidation opportunities.
    • Easily integrate spend for newly acquired health systems.
    • Benchmark spend against every facility within your system and peer hospitals to understand categoryutilization.
    • Create savings initiatives and track your performance toward your goal.
    • Access to Valify Advisory Services to realize savings.
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    Regional GPOs and Purchasing Alliances

    • Categorize all spend within your membership.
    • Benchmark spend against vendor contracts to understand category utilization.
    • Audit accuracy of admin fees.

End-to-End Solution for Your
Purchased Services Spend

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Insight

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Empowerment

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Savings

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Valify categorizes your purchased services vendors across your entire healthcare network to give you enterprise-wide visibility and immediate insights.

  • Eliminate duplicate services by consolidating and standardizing vendors across your health system.
  • Compare spending across your entire healthcare network with patent-pending algorithmic methodology
  • Categorize at least 95% of non-labor spend in days.
  • One-click access to spend data for all of your vendors and categories
  • Access internal and external KPIs from Valify’s customer supplied database
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Valify empowers you with purchased services insight and functionality to immediately begin developing a proactive work plan that will maximize your teams efficiency and effectiveness to reduce overall spend.

  • Benchmark 1200+ purchased services categories to increase savings.
  • Valify provides a market share breakdown of top vendors used in the database.
  • Access to category specific RFP templates.
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Valify provides tracking capabilities to monitor and alert your team if a vendor is not performing as expected.

  • Confirm you’re on track to reach your savings goal from a user-friendly dashboard that tracks monthly progress.
  • Get immediate notifications if you initiative is not reaching expectations so you can react to spend in real time.
  • Valify’s Advisory services will realize savings with a team of consultants and SMEs, providing flexible options for hospitals based on needs
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Over the last two years, Valify has helped us to find upwards of $11M in true, bottom-line savings.

Mark French, VP, Vendor Management, Ochsner Health System

Three easy steps that will save you millions.

Let’s get started

  • Upload your accounts payable and purchase order data for all non-labor spend.
  • Let our proven technology categorize your data within
    5 days.
  • Our team of experienced analysts will compile your savings insights into a Purchased Services Assessment after they evaluate the data to ensure its accuracy.
Download sample report

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