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Vālenz® Partners with GenRocket to Produce Test Data Fifty Times Faster

June 30, 2022/in Announcements, Featured, Press/by Maris Panjada

PHOENIX, Ariz. (June 30, 2022) — Vālenz®, a tech-enabled healthcare ecosystem optimization platform for the self-insured industry, recently partnered with GenRocket, a synthetic test data automation company, to leverage synthetic test data in its quality assurance process for the company’s next-generation claims processing platform.

According to Garth Rose, CEO and Co-founder of GenRocket, software testing requirements for healthcare industry applications are particularly complex, with strict data privacy regulations along with complex data sets to manage. “Valenz, like most companies, realized using real data posed unacceptable privacy and security risks, and the option to manually create the necessary test data posed undesirable time constraints,” explained Rose.

GenRocket’s synthetic test data automation platform replicated the data model from the Valenz claims application to generate realistic and accurate synthetic data without the use of any PHI during testing and development. “Using GenRocket’s synthetic test data automation platform, we were able to produce 300,000 claim records approximately 50 times faster than a manual method of scrubbing data to produce the required test data for building and testing the next generation of our platform,” said Edward Zwicker, Chief Information Officer for Valenz.

“With GenRocket, we accelerated our time to market significantly, allowing Valenz to re-direct staff to other time-sensitive tasks required for us to deliver a more automated and scalable claims processing platform to better support our customer needs,” added Zwicker.

For more details, read the case study: https://www.genrocket.com/newsletter/private-secure-healthcare-test-data-produced-50x-faster-with-genrocket/

About Valenz

Vālenz® simplifies the complexities of self-insurance by offering an end-to-end Healthcare Ecosystem Optimization Platform that manages the cost and quality of care for employers and their members. To balance the relationship between healthcare quality, advocacy and cost, the Valenz enterprise-level solution suite aligns the member, provider and payer. Supported by a dynamic, innovation-first culture and a steadfast commitment to data transparency and decision enablement, Valenz leverages its technology infrastructure and enterprise data warehouse to drive value across clinical and member advocacy, network development and the validation, integrity and accuracy (VIA) of claims. Learn more about how Valenz engages early and often for smarter, better, faster healthcare. Valenz is backed by Great Point Partners.

About GenRocket
GenRocket is the leader in real-time synthetic Test Data Automation (TDA), high-performance technology for provisioning test data for Agile and DevOps environments. GenRocket’s patented, groundbreaking platform accelerates test data provisioning by more than 1,000% as it improves data quality and test coverage while reducing cost and ensuring data privacy. Headquartered in Ojai, California, GenRocket operates in global markets through a network of systems integration partners and has customers in more than 14 vertical markets including financial services, insurance, and healthcare. For more information, visit www.genrocket.com.

https://www.valenzhealth.com/wp-content/uploads/2022/06/Valenz_GenRocket-Case-Study-Presser-600x432-1.jpg 432 600 Maris Panjada https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png Maris Panjada2022-06-30 16:39:282022-07-01 17:12:39Vālenz® Partners with GenRocket to Produce Test Data Fifty Times Faster

Vālenz® is Proud Title Sponsor of SIIA 2022 National Conference in Phoenix

June 3, 2022/in Announcements, Featured, Misc., Press/by kamryn cain

PHOENIX, Ariz. (June 3, 2022) — Vālenz® announced today it is the Title Sponsor of the 42nd annual Self-Insurance Institute of America (SIIA) National Conference & Expo this fall – an event that will be even more special because the conference will be held in the Valenz hometown of Phoenix and is fully in-person for the first time in three years.

Scheduled for Oct. 9-11 at the JW Marriott Phoenix Desert Ridge Resort & Spa, the SIIA National Conference & Expo is the world’s largest self-insurance event, offering educational programs, meaningful insights and game-changing solutions on the latest industry topics.

“Our sponsorship of the SIIA National Conference this year will bring Valenz full circle,” said Rob Gelb, Chief Executive Officer of Valenz. “We launched the Valenz ecosystem at the national conference in October 2019, which was the last time it was held in person before the pandemic. Three years later, we are celebrating being together again and unveiling the fully integrated Healthcare Ecosystem Optimization Platform. It is a tremendous honor to now say thank you to the SIIA community through the Title Sponsorship in our hometown. We can’t wait for October.”

Valenz has been a Diamond Member of SIIA since 2020, which signifies the highest level of support for SIIA’s mission and demonstrates a leadership position in serving the needs of the self-insurance community.

“We were very excited to announce Valenz as the Title Sponsor for this year’s conference,” said SIIA President & CEO Mike Ferguson. “Not only have they been a great supporter of the organization, but they also are an industry innovator in healthcare cost containment solutions for so many of our members involved with self-insured health plans and captives. With Valenz’s support, we expect Phoenix to be a wonderful host city for our biggest event of the year.”

Gelb will facilitate an “Engagement Accelerator” session at the conference called “Selling in the Self-Insurance Market,” which will address the acceleration of change, the challenges of staffing and other industry developments that may shift the mind of the buyer in the self-insurance value chain. Participants will share their experiences and strategies on how to work most effectively to support the self-insurance industry buyers while achieving corporate growth objectives.

Registration for the conference – along with links to the daily schedule, session topics, speakers, FAQs and more – is available at https://www.siiaconferences.org/2022/register_now.cfm.

About Valenz

Vālenz® simplifies the complexities of self-insurance for employers through a steadfast commitment to data transparency and decision enablement powered by its Healthcare Ecosystem Optimization Platform. To balance the relationship between healthcare quality, advocacy and cost, the Valenz approach aligns the member, provider and payer. We deliver this synergy through a strong foundation with deep roots in clinical and member advocacy, alongside decades-long expertise in claim reimbursement and payment validity, integrity and accuracy. By establishing “true transparency” and offering data-driven solutions that improve cost, quality and outcomes for you and your members, Valenz engages early and often for smarter, better, faster healthcare. Valenz is backed by Great Point Partners. More information is available at valenzhealth.com.

https://www.valenzhealth.com/wp-content/uploads/2022/06/Valenz_SIIA-Sponsorship-22-1_600x432.jpg 417 580 kamryn cain https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png kamryn cain2022-06-03 14:22:142022-06-06 14:23:59Vālenz® is Proud Title Sponsor of SIIA 2022 National Conference in Phoenix

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