Valify Announces the Acquisition of Lucro

FRISCO, Texas & NASHVILLE--(BUSINESS WIRE)--Valify, the leading healthcare cost management company exclusively dedicated to controlling purchased services expense, announced today that it has acquired Lucro Solutions, Inc., a Nashville-based digital platform for health systems to compare and select vendors.

"We are excited to integrate Lucro’s platform which aligns with and fortifies Valify’s existing features. Lucro has built an innovative, easy-to-use technology platform that automates how all buyers across a healthcare system evaluate and select their vendor partners," said Chris Heckler, Chief Executive Officer of Valify. "This transaction extends and enhances our ability to operate a marketplace, enabling our healthcare system customers to effortlessly collaborate with vendors, saving time and increasing bandwidth to realize additional cost savings through Valify’s technology…”

Read the full story here.