Valley Health System looks to purchased services for untapped savings
Jul. 9, 2019 / PRZen / FRISCO, Texas — Valify today announced that Valley Health System has selected Valify to provide analytics, benchmarks, sourcing tools, and resources at every stage of the cost reduction process.
Valley Health System is a fully accredited, acute-care, not-for-profit hospital serving more than 440,000 people in 32 towns in Bergen County and adjoining communities. Valley Health System is consistently awarded for its dedication to high-quality patient care and service.
Valley Health System will use Valify’s data-driven opportunity identification technology to proactively identify potential savings areas. To realize savings and meet their ambitious goals, the health system will utilize Valify’s end-to-end purchased services expense management solution to gain complete spend and vendor visibility, customized benchmarks, and the ability to track and monitor projects in one centralized location. The health system determined that having a clean and categorized data set that’s readily accessible is crucial to strategically manage their spend and narrow their focus on the opportunities that will yield the most savings.
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