Frisco-based Valify announced the appointments of two key C-suite executives to the cost-management technology platform’s leadership team.
The company, which specializes in the classification and benchmarking of non-labor expenditures for healthcare providers, announced that Jessica Burns assumes the role of chief operating officer for Valify and Valify Solutions Group, an innovative group purchasing model tailored exclusively to hospital purchased services.
Co-founder Matthew Clark returns as chief technology officer to oversee Valify’s analytics and benchmarking platform.
“Our vision is crystal clear, to empower operators to balance cost and quality in their procurement of purchased services, an area that can encompass an astounding 50% of a hospital’s non-labor operating expenses,” CEO Les Popiolek said in a statement.
Popiolek said Burns and Clark “collectively bring a wealth of expertise” from technology and sourcing to analytics and customer engagement.
The CEO said through collaborative efforts with the company’s clients, “providers are gaining powerful tools to control fragmented spend across their operations, which can result in tangible savings of 10-25% on outsourced services.”
Burns, with an extensive background in business operations, strategic alignment, technology, and portfolio expansion, will concentrate on creating and optimizing processes for Valify as it continues to scale for growth.
Formerly with HCA Healthcare, Burns led information technology initiatives for CereCore and Sarah Cannon Research Institute. She currently serves as a board member for the Nashville Technology Council.
A co-founder of Valify, Clark served as CTO and CFO from 2014 to 2019 and played a pivotal role in the inception, design, and development of Valify’s products.
Clark rejoins Valify following a tenure as CEO of OneNeighbor, a technology platform matching local service providers with the consumer marketplace.
Valify said it is the only healthcare cost management company exclusively dedicated to managing purchased services expense.
Valify’s web-based technology helps organizations quickly identify and manage savings opportunities in over 1,400 purchased services categories, the company said.
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