HCA Healthcare, a US healthcare provider, has acquired Valify, a Texas-based technology company focused on helping clients to optimize the overall cost of healthcare services.

Terms of the acquisition were not revealed.

Headquartered in Frisco, Valify had developed a web-based technology platform, which is said to offer healthcare systems with in-depth analysis and greater insights across a range of service categories.

The technology, analytics, benchmarking, and professional advisory services of Valify are said to help hospitals to improve the management of resources in ancillary areas.

Commenting on HCA Healthcare acquisition of Valify, Bill Rutherford – HCA Healthcare chief financial officer and executive vice president said: “Valify’s advanced analytical platform will help us identify and pursue opportunities to decrease the overall cost to provide healthcare services.

“We look forward to working with the Valify team to further develop their offerings to benefit all of their clients.”

  Bill Rutherford, HCA Healthcare, healthcare services, Texas, US healthcare provider, USA, Valify