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Valify's Matt Clark Nominated as a Finalist for the Corporate CTO of the Year Award
At its black-tie event in August, Technology Association for North Texas will celebrate the achievements of cutting-edge leaders from more than 4,000 tech companies whose ideas have evolved and elevated technology in the region. This prestigious annual contest, named Tech Titans, recognizes outstanding achievements by information technology companies and individuals.
"Our mission is to partner with the marketplace to take out much needed costs in healthcare, particularly related to spending in purchased services," Matt explained. "We've invested in providing structure and classification to billions of dollars of otherwise raw spend data, allowing us to apply both rule-based and machine learning technologies. Because of these investments we can provide hospitals with a level of visibility and insight previously unavailable. Visibility into where dollars are being spent is the foundation for creating and executing cost reduction strategies."
Led by Clark, Valify's technology and analytics team invests in building exceptional tools for hospital executives, purchasing teams, and consultants who have historically been unable to acquire a clear picture of expenses allocated to purchased services.
Valify's technology platform incorporates a database which accounts for over $200 billion in total spend across 700+ hospitals. The database enables Valify to offer its customers increasingly impactful benchmarking and market share insights. In addition, the Valify technology platform integrates spend visibility, project initiative planning/tracking, and sourcing collaboration with a variety of supporting analytical and consulting services.
"Hospitals now have access to a powerful technology platform with an unprecedented depth of data, enabling better and more efficient decision-making process regarding where to direct the already limited resources they have," Matt said. "I'm proud of our team's accomplishments over the past year, and the value that they have created for the industry."
Matt is extremely honored to be recognized by the Technology Association for North Central Texas and looks forward to attending the gala on August 24th.
Valify is a healthcare cost management company exclusively dedicated to controlling purchased services expense. Valify's web-based technology platform allows healthcare organizations to quickly identify, benchmark, and manage savings in over 1,200 categories. With proprietary benchmarking analysis, market share insights, and prebuilt category-specific RFP templates, Valify provides a proven end-to-end purchased services solution for organizations to proactively manage expense, increase staff productivity, and realize significant savings. Since its inception in 2014, Valify has helped health systems across the country save more than $100 million.
For more information, visit http://www.getvalify.com/