FRISCO, Texas--(BUSINESS WIRE)--Today Valify, the leading healthcare cost management company, announces the launch of the new Valify Marketplace, a comprehensive vendor catalog of products and services that allows healthcare organizations to search, compare, and select the best vendors for their needs. Today’s launch comes as a result of Valify’s September 2018 acquisition of Lucro, a Nashville-based digital platform for health systems to evaluate vendors. The Valify Marketplace has already been named to CIO Review’s list of the “50 most promising healthcare solutions of 2019.”
The Valify Marketplace is a public information exchange and the primary destination for healthcare organizations to find and select the best balance of quality, service, and cost among tens of thousands of product and service vendors. This powerful new platform enables both healthcare organizations and vendors to expedite sourcing through the efficient flow of information and communication.
For Healthcare Vendors
With the Valify Marketplace, vendors distinguish their products or services from their competitors, communicate directly with purchasers, and attract new business. The Valify Marketplace audience includes the decision makers from thousands of hospitals who are spending billions of dollars per year, and it continues to grow.
The Valify Marketplace offers vendors serving healthcare organizations the most direct way to reach and engage new potential customers every day. It accelerates vendors’ path to earning new business by highlighting their offerings to health systems actively seeking specific products or services. This platform is a powerful new channel for vendors to enhance their brand awareness through display advertising, educational material, and rich multimedia marketing materials. Vendors are able to view and claim their public profile on the Valify Marketplace at valifymarketplace.com.
For Healthcare Organizations
The vendor catalog uniquely offers healthcare organizations – including hospitals and health systems, GPOs, consultants, associations, and collaboratives – the ability to search by geographic location or keyword, and within thousands of unique categories to find the products or services they are seeking. Vendors can also be found by narrowing search results through diversity designation filters, which supports the providers’ commitment to setting and surpassing goals for allocating spend to small, minority, women, and veteran owned businesses. These attributes, previously exclusive to Valify clients, are now publicly available for the first time.
Healthcare organizations use the Valify Marketplace to save time and money by quickly identifying the most appropriate product or service vendor for their organization. Access is immediately available at valifymarketplace.com.
Valify is the only healthcare cost management company exclusively dedicated to managing purchased services expense. Valify’s web-based technology platform uses proprietary machine learning algorithms which allow healthcare organizations to quickly identify and manage savings opportunities in over 1,200 categories. Powered by the Valify database of over $300 billion in spend, Valify provides expert benchmarking analysis, market share insights, and prebuilt category-specific RFP templates. With a proven end-to-end cost management solution, Valify has helped hundreds of hospitals proactively manage expense, increase staff productivity, and realize significant savings. The launch of the Valify Marketplace in April 2019 allows significant strides toward further expediting the sourcing process for both healthcare providers and vendors. Go to getvalify.com for more information.