Case Study: Wellmont Health System achieves greater visibility and over $5 million in annual capital savings with VFA.spendManager

Wellmont Health System - Customer Case Study

Wellmont Health System, a large healthcare provider across Northeast Tennessee, Southwest Virginia, and Southeast Kentucky, struggled to validate and track capital spending across a complex portfolio of facilities. With budgets and actuals scattered across spreadsheets and databases, the organization had difficulty explaining overruns on multi-year construction and renovation projects. Wellmont turned to VFA and its VFA.spendManager capital spend management solution to improve control and visibility.

VFA implemented a hosted, web-based system that centralized budget creation, budget allocation, invoice tracking, and spend reporting across the health system. As a result, Wellmont gained real-time visibility, a defined approval process, and better accountability for capital projects. The company reports annual capital cost savings of more than $5 million, alongside $6.5 million in annual operational savings from supply chain cost-reduction projects.

Wellmont Health System

Allen Archer

System Manager, Capital Planning, Wellmont Health System