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Valify

Unclaimed
Procurementwww.getvalify.comFrisco, Texas, United StatesUpdated

Valify provides data-driven purchased services spend management and advisory services to help healthcare organizations reduce costs and improve procurement outcomes.

Overview

Valify is a healthcare-focused purchased services spend management company that helps health systems optimize non-labor procurement. Through data categorization, benchmarking, contract management, and advisory services, Valify enables organizations to gain visibility into spend, identify savings opportunities, standardize sourcing, and improve supplier performance across 1,400+ categories and seven service lines. Valify combines technology-driven spend analytics with expert guidance to reduce costs, drive contract compliance, and support patient care by aligning procurement with clinical needs.

Mission statement

Valify's mission is to empower healthcare providers to optimize purchased services spend end-to-end by delivering actionable data insights, standardized processes, and expert guidance that reduce costs, improve contract compliance, and enhance patient care.

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What we offer

Spend Analytics Technology

Optimize healthcare procurement with comprehensive spend visibility and savings insights.

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Market segments

Healthcare spend analytics

Capabilities that cleanse, categorize, and analyze accounts payable and purchased‑services spend to deliver visibility, benchmarking, and prioritized savings across clinical and non‑clinical categories.

Products: Spend Analytics Technology

Strategic sourcing and category management

Capabilities to execute category‑specific sourcing including RFP templates, aggregated sourcing events, sourcing collaboration, and vendor market‑share analysis to standardize sourcing and capture savings.

Products: Spend Analytics Technology

Contract lifecycle management

Capabilities to manage contracts end‑to‑end with contract dashboards, expiration alerts, on/off‑contract visibility, and custom contracting to improve compliance and savings realization.

Products: Spend Analytics Technology

Purchased services management

Capabilities focused on assessing, centralizing, and managing purchased services spend—combining data‑driven assessments, advisory services, and portfolio management to identify and realize savings.

Products: Spend Analytics Technology

Supplier diversity and performance management

Capabilities that measure and report diverse supplier spend, track supplier performance, and support vendor diversification initiatives aligned with organizational diversity goals.

Products: Spend Analytics Technology

More information about our offering

Spend Analytics Technology

Valify Spend Analytics Technology is a healthcare spend-management platform that cleanses and categorizes a health system’s accounts payable spend to deliver full visibility, benchmark opportunities, and prioritized savings across 1,400+ categories and seven service lines. It combines data categorization, benchmarking analytics, and category-specific sourcing templates to provide an end-to-end solution for proactively managing expense, increasing staff productivity, and realizing significant savings. The platform also includes modular offerings such as Immediate Insights, Accelerated Sourcing, Sustainable Savings, and Diversity to extend capability. Additionally, the Purchased Services Solutions features capabilities to manage purchased services across the same categories, aiming to identify millions in savings.

  • Informs Negotiations
    Users can leverage benchmarking data to enhance their contract negotiations, ensuring competitive service rates.
  • Enhances Spend Visibility
    Allows healthcare organizations to pinpoint where their funds are allocated and optimize contract negotiations.
  • Achieve Cost Reductions
    Optimize contract negotiations and service agreements to secure substantial cost savings in healthcare procurement.
  • Guides Decisions
    Users can apply various filters to obtain accurate comparisons and identify best practices in spend management.
  • Identifies Savings Opportunities
    Users can understand their market position and identify the best vendors for cost savings.
  • Enables Timely Decision-Making
    Offers healthcare professionals proactive management of spend through immediate data visibility.
  • Drive Local Vendor Sourcing
    Leverage group purchasing to enhance economic savings and foster vendor diversity through aggregated sourcing events.
  • Unlock Savings Opportunities
    Access a comprehensive portfolio of contracts engineered to drive substantial savings and improve operating efficiencies.
  • Monitors Contract Status
    View all contracts in one location to manage renewals and prevent overspending effectively.
  • Targets High-Value Categories
    Provides critical insights into which categories will yield the most significant savings.
  • Simplifies Vendor Management
    Enhances decision-making during sourcing events through organized vendor comparisons.
  • Tracks Savings Initiatives
    Users can continuously reflect on their savings efforts and adjust strategies accordingly.
  • Enable Performance Comparison
    Utilize industry benchmarks to evaluate service agreements, ensuring competitive pricing and satisfaction metrics against similar organizations.
  • Implement Best Practices
    Engage with experts to enhance procurement processes, streamline contracts, and monitor spending for maximized efficiency.
  • Streamlines Sourcing
    Facilitates the sourcing process with pre-built templates tailored to specific service categories.
  • Monitors Diversity Spending
    Ensures procurement strategies support diversity initiatives within the organization.
  • Gain Comprehensive Insights
    Automate categorization and reporting, providing a clear view of spending patterns and opportunities for cost management.

Sources

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