Vytalize Health, a leading healthcare service provider in the New York City has been recently recognized as America’s fastest growing company which has led to earning a top spot on Inv. 5000 2024 list. The company has deployed NetSuite as its new enterprise resource planning system (ERP).
NetSuite has been a pillar in the journey of Vytalize Health. Let’s discover how it has helped the leading healthcare service provider:
- Provided integrated business system to automate financial processes, streamline workflows and scale its operations efficiently.
- Automated workflows have increased the speed and accuracy of financial processes.
- Physicians have transformed into a value-based care model by weekly incentives and upfront payments.
- Leverage AI to intelligently capture the expenses and categorize them to reduce the burden of manual billing.
- Vytalize Health is now able to customize its reports, get quicker insights, easier account reconciliation, and accuracy during audit processes.
As per the statement of Jessica Wijesekera, senior vice president of global accounting, Vytalize Health, their revenues have grown by 900x in the last three years by being able to convert non-sustainable manual processes to automated tasks. “With NetSuite, we have been able to gain complete visibility across our rapidly expanding operations to increase efficiency, drive down costs, and improve decision-making, which in turn helps our partner physicians lower costs and deliver the highest quality care possible to patients.”, she added.
“The healthcare industry is complex, but for healthcare innovators like Vytalize Health, business processes don’t have to be,” said Evan Goldberg, founder and executive vice president, Oracle NetSuite at SuiteWorld 2024. “With NetSuite, Vytalize Health has the AI-powered finance processes it needs to increase speed and accuracy, better understand the health of its business, and establish a scalable foundation to support its impressive growth – ultimately enabling improved patient outcomes.”
