Valify launches benchmarking tool to identify savings

Frisco based Valify – a purchased services benchmarking and analytics solution provider – announced the launch of its new category benchmarking tool.

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According to them, the solution provides information on pricing, utilization and contract terms, enabling healthcare organizations to pursue targeted savings improvements across many purchased services categories.

An extension of Valify’s spend visibility solution, the category benchmarking tool helps organizations go beyond identifying a potential problem by pinpointing specific actionable areas for performance improvement.

This release focuses specifically on laundry/linen services, EVS/janitorial services, blood bank services, food management and food distribution categories. Valify will continue releasing additional benchmarking categories in the coming months as it continues enhancing the solution.

Chris Heckler is President and CEO of Valify.