Member organizations can help generate wealth among businesses that meet diversity criteria such as those owned by women, minorities and veterans, and, in turn, add economic value to the communities they serve through job creation, wages and tax revenue.
HealthTrust ensures fair consideration in the sourcing process and has assisted diverse suppliers with bidding on and winning nearly 200 contracts within its diversity portfolio. A new diverse supplier identification module has been launched in Valify, licensed by HealthTrust for its members, to assist in monitoring and aligning purchasing decisions toward their organization’s diversity contracting goals. Valify is the only healthcare cost management company exclusively dedicated to managing purchased services expense.
“The tool is a must-have for any organization looking to expand its annual spend with diverse suppliers,” shares Andy Motz, AVP Custom Contracting and Advisory Services for Valify Solutions Group. “The diversity module streamlines the identification of both on-contract and diverse suppliers, so valuable staff time can be directed toward more strategic purchasing decisions.”
Members can use the diversity module to:
- Gain insight into the types of diversity suppliers they are already using
- Determine whether there is an opportunity to consider converting business to a diverse supplier
- View diversity spend by category and subcategory
Diversity “badges” inside the tool make on- and off-contract diverse suppliers easy to identify throughout the system. Users can also click on a diverse supplier to view their related attributes and certifications.
For more information or to schedule a demo, contact your HealthTrust Account Manager or Valify’s Client Success team at info@getvalify.com
Share Email Purchased Services, Q3 2022, Valify Solutions
