HCA Healthcare Acquires Technology and Analytics Company Valify

NASHVILLE, Tenn.--(BUSINESS WIRE)--HCA Healthcare (NYSE: HCA), one of the nation’s leading healthcare providers, today announced it has acquired Valify, a technology company focused on helping clients reduce the overall cost of healthcare services.

Based in Frisco, Texas, Valify’s web-based technology platform is able to provide healthcare systems with in-depth analysis and greater insights across a variety of service categories. The company’s proprietary technology, analytics, benchmarking and professional advisory services enables hospitals to better manage resources in ancillary areas.

“Valify’s advanced analytical platform will help us identify and pursue opportunities to decrease the overall cost to provide healthcare services,” said HCA Healthcare’s chief financial officer and executive vice president, Bill Rutherford. “We look forward to working with the Valify team to further develop their offerings to benefit all of their clients.”

Terms of the agreement were not disclosed.

About HCA Healthcare

Nashville-based HCA Healthcare is one of the nation's leading providers of healthcare services, comprising 184 hospitals and approximately 2,000 sites of care, including surgery centers, freestanding ERs, urgent care centers, and physician clinics, in 21 states and the United Kingdom. With its founding in 1968, HCA Healthcare created a new model for hospital care in the United States, using combined resources to strengthen hospitals, deliver patient-focused care and improve the practice of medicine. HCA Healthcare has conducted a number of clinical studies, including one that demonstrated that full-term delivery is healthier than early elective delivery of babies and another that identified a clinical protocol that can reduce bloodstream infections in ICU patients by 44 percent. HCA Healthcare is a learning health system that uses its more than 31 million annual patient encounters to advance science, improve patient care and save lives. Please click here to connect with HCA Healthcare on social media.

All references to “Company,” “HCA” and “HCA Healthcare” as used throughout this document refer to HCA Healthcare, Inc. and its affiliates.