Fast-growing NTEC member company Valify LLC recently announced a strategic partnership with MedAssets, one of the nation’s largest healthcare performance improvement companies.
Valify’s Purchased Services Analytics is saving hospitals nationwide between 10 and 20 percent of their operating expenses at a time when many facilities are looking to fill budgetary gaps.
According to The American Hospital Association, one-third of all hospitals report negative operating margins, which puts them in the challenging position of having to significantly cut costs without compromising quality of care, health outcomes and patient satisfaction.
Valify’s cloud-based platform analyzes accounts payable data for savings opportunities and returns results in a matter of days – a vast improvement over traditional methods that often require several months of painstakingly poring over hundreds of spreadsheets.
The exclusive partnership with MedAssets means that healthcare providers not only have the use of MedAssets’ unique consulting services, but will also benefit from Valify’s groundbreaking technology.