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HCA Healthcare closes acquisition of Valify.

M2 EQUITYBITES-January 13, 2020-HCA Healthcare closes acquisition of Valify

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HCA Healthcare (NYSE:HCA) reported on Friday the completion of the acquisition of technology and analytics company Valify based in Frisco, Texas.

Valify's web-based technology platform is able to provide healthcare systems with in-depth analysis and greater insights across a variety of service categories. The company's proprietary technology, analytics, benchmarking and professional advisory services enables hospitals to better manage resources in ancillary areas. It is focused on helping clients reduce the overall cost of healthcare services.

The terms of the agreement were not disclosed by the companies.

Nashville-based HCA Healthcare is a provider of healthcare services, comprising 184 hospitals and approximately 2,000 sites of care, including surgery centers, freestanding ERs, urgent care centres and physician clinics, in 21 US states and the UK.

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Publication:M2 EquityBites (EQB)
Date:Jan 13, 2020
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