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New Front Door to Care: Telehealth is Here to Stay

August 21, 2020/in Announcements, Featured/by ryan kesner

This article is first in a series examining the long-term impact of COVID-19 on health and healthcare issues for the self-insured industry.

As the COVID-19 pandemic has restricted patients’ access to their physicians, the use of telehealth has grown exponentially in 2020 – and we may be only scratching the surface of its role in the future.

So far this year, virtual care visits have reached more than 1 billion, with 500,000 for COVID-19 – an increase of 64.3 percent, according to a recent analysis by Frost & Sullivan. Telehealth’s $3 billion revenue market has the potential to grow to $250 billion, according to McKinsey & Company. Consumers have been 1.6 times more likely to use telehealth after their first experience, so an increasing number of providers are offering it – 53 percent more than before the pandemic began.

Telehealth’s unprecedented rise has captured the attention of public policymakers as well. On August 3, President Trump signed the Executive Order on Improving Rural and Telehealth Access, which extends the availability of virtual care benefits for Medicare beneficiaries during the pandemic. The order, which calls for permanent expansion, accentuates that telehealth may become a lifeline in rural areas with more limited access to in-person care. With multiple telemedicine bills brought to the House and Senate this year, there is broad bipartisan support for Congress to pass legislation that would keep coverage in place.

For self-insured employers, brokers and third-party administrators, the growing emphasis on telehealth facilitates early engagement with members in diagnosing and treating conditions, as well as disease management for chronic care patients. The convenience of telehealth allows members to take charge of their health and promotes care continuity for long-term wellness. Additionally, the surge in telehealth adoption will open up opportunities to better serve members with other virtual care models, such as remote patient monitoring, texting, digital symptom checkers, and online health coaches.

Member demand for virtual care is undeniable. Frost & Sullivan estimates that the U.S. telehealth market will display staggering seven-fold growth by 2025. Surveys this year by McKinsey & Company indicated that providers are seeing 50 to 175 times the number of patients via telehealth than before COVID-19. Of the survey respondents, 76 percent were highly or moderately likely to use telehealth going forward, and 74 percent of telehealth users reported high satisfaction.

Although in-person doctor visits are unlikely to become a thing of the past, telehealth is here to stay. Signs point to its continued growth as a key healthcare delivery tool for the next 12-18 months – until a vaccine becomes widely available – and beyond. For members, telehealth services can offer the benefits of more accessible care, minimized exposure and health risks, ease of use, and improved patient outcomes – the fruits of our labor to reimagine care.

***

Rob Gelb is Chief Executive Officer of Vālenz™, one of the nation’s leading medical cost reduction and claims flow management organizations offering expanded solutions to support the self-insured industry.

https://www.valenzhealth.com/wp-content/uploads/2020/08/Valenz_Telehealth-Blog-600x433-1.jpg 433 600 ryan kesner https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png ryan kesner2020-08-21 15:45:202020-08-21 15:45:20New Front Door to Care: Telehealth is Here to Stay

Vālenz Ranks No. 2065 on Inc. 5000 List of Fastest-Growing Private Companies

August 12, 2020/in Announcements, Featured/by Maris Panjada

PHOENIX, Ariz. — Inc. magazine today announced that Vālenz™ ranks No. 2065 on the annual Inc. 5000 list, the most prestigious ranking of America’s fastest-growing private companies. The Inc. 5000 list represents a unique look at America’s most successful independent small businesses. Over the years it has included such leading-edge organizations as Microsoft, Vizio, Intuit, Oracle, Zappos.com and many others.

“We are honored to be recognized as one of the fastest-growing companies in America, and it reinforces what our clients already know – that controlling health plan costs, serving the plan member and helping the employer group are all connected,” said Rob Gelb, Chief Executive Officer at Valenz. “Our rapid growth is a function of everything we do to control costs, deliver quality, and create new paths of opportunity for employers, TPAs, and brokers to improve plan design, reduce plan spend, and enhance member lives.”

Moving forward, the company is poised for future growth. As the innovators behind an ecosystem that combines health data analytics with healthcare service delivery across the entire lifecycle of every claim, Valenz is laser-focused on changing the trajectory of healthcare costs – which they call lowering the Claim Cost Arc℠ – for the self-insured industry. Data and information flow through the Valenz ecosystem from the company’s core products, clients, platform partners and industry sources, and in doing so, it fuels ever-expanding analytic and predictive capabilities. That data-driven decision enablement, coupled with member- and client-centric service delivery, creates continuous value for every individual and organization within the ecosystem.

“If you are excited about what Valenz has accomplished for your business in the three years since we first envisioned our ecosystem, you will be very pleased with what the future holds,” said Gelb. “By engaging early and often for smarter, better, faster healthcare, we are continuously creating new opportunities for self-insurers to target the small percentage of claims that drive their majority of health plan costs.”

“From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism,” said Inc. editor-in-chief Scott Omelianuk. Together, the companies in the 2020 Inc. 5000 achieved three-year average growth of more than 500 percent and a median rate of 165 percent, with aggregate revenue accounting for more than 1 million jobs in the same time frame. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.

About Valenz

Through a complete health administrative ecosystem, Valenz connects cost and quality data on a single-source, end-to-end analytics platform for smarter, better, faster healthcare. Valenz solutions integrate data from comprehensive care management services (Valenz Care), high-value provider networks (Valenz Access), claim flow management (Valenz Claim) and solutions for payment integrity, revenue cycle management and eligibility compliance (Valenz Assurance) into the ecosystem. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

About Great Point Partners

Great Point Partners (“GPP”), founded in 2003 and based in Greenwich, CT, is a leading healthcare investment firm, currently with approximately $1.8 billion of equity capital under management and 28 professionals, investing in the United States, Canada and Western Europe. Learn more at www.gppfunds.com.

About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.

https://www.valenzhealth.com/wp-content/uploads/2020/08/Valenz-Inc-5000_600x432-crop.jpg 433 600 Maris Panjada https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png Maris Panjada2020-08-12 20:58:592020-09-29 18:40:48Vālenz Ranks No. 2065 on Inc. 5000 List of Fastest-Growing Private Companies

v-Rx: Significant Savings and Enhanced Services

June 30, 2020/in Announcements, Featured, Valenz Care/by kamryn cain

PHOENIX, Ariz. (June 30, 2020) – Costs of prescription drugs continue to rise exponentially, with total spending in the United States predicted to reach $610 billion in 2021. As pharmacy benefits represent a significant expense for self-insured employers, Vālenz™ is changing the approach to prescription drug coverage with its latest solution.

v-Rx offers innovative cost-reduction and containment strategies that significantly enhance the benefits and services traditionally offered by a pharmacy benefits manager.

“While PBMs focus on getting the best discounts and the biggest rebates, we believe those should be considered short-term solutions. The real opportunity is to deliver long-term strategies that contain costs perpetually and help self-insured employers regain control of their pharmacy spend,” said Rob Gelb, Chief Executive Officer for Valenz.

With a suite of services comprising three core offerings, v-Rx creates long-term reductions in pharmacy benefit spend with average annual savings of 43 percent, while also delivering a concierge-style experience for members.

“Traditional PBM solutions base their savings on discounts without taking pharmaceutical inflation into account. The V-Rx solution gives the group the ability to dramatically reduce their spend and maintain that reduction year-over-year,” said Jordan Hersh, Vice President, Enterprise Solutions for Valenz. “At the same time, members receive highly personalized service and advocacy to assure that they never have to go without their medication.”

The three tiers of v-Rx services include:

  • Specialty Pharmacy: Alternative funding is used to reduce specialty drug costs by up to 100%.
  • Co-Pay Optimization: The full-service co-pay card optimization program enhances group savings without changes or disruption for individual members.
  • International Pharmacy: Dramatic savings for many brand-name, domestically equivalent medications, including temperature-sensitive items.

The v-Rx solution further expands the Valenz ecosystem, offering seamless pharmacy benefits delivery and a superior platform for healthier and more satisfied members.

Learn more about v-Rx here.

About Valenz

Through a complete health administrative ecosystem, Valenz connects cost and quality data on a single-source, end-to-end analytics platform for smarter, better, faster healthcare. Valenz solutions integrate data from comprehensive care management services (Valenz Care), high-value provider networks (Valenz Access), claim flow management (Valenz Claim) and solutions for payment integrity, revenue cycle management and eligibility compliance (Valenz Assurance) into the ecosystem. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

 

https://www.valenzhealth.com/wp-content/uploads/2020/06/v-Rx-600x432-1.jpg 432 600 kamryn cain https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png kamryn cain2020-06-30 13:38:062021-06-14 19:09:33v-Rx: Significant Savings and Enhanced Services
A picture of a workplace meeting

Vālenz Partners on Joint Economic Recovery Venture for Self-Funded Groups

May 11, 2020/in Announcements, Featured/by ryan kesner

PHOENIX, Ariz. (May 11, 2020) – In response to the economic impact of COVID-19, Vālenz™ has joined Benefit Plan Administrators, Inc. (BPA) and six other top U.S. health vendors to jointly deploy a self-funded healthcare and benefits solution for new groups that are currently fully-insured. Known as the Stimulus For Business Initiative (SFBI), this program marks a new, unprecedented opportunity for employer savings in the health benefits market.

Through deferred or waived service fees for up to three months following the new business anniversary date for eligible member groups, the SFBI plan offers a unique self-funded adoption opportunity to increase cash-flow and stimulate economic growth. The eight founding organizations, which include Valenz, BPA, 6 Degrees Health, HealthWallet, ScoutRx, The Phia Group, CieloStar and PHCS, collectively rolled out the program on May 8.

SFBI will operate as an LLC formed by some of the nation’s top health plan advisors: DC Advisory LLC, Stautberg Benefit Advisors, Prosperity Benefits and AMR Benefits, who are partnering with leading stop-loss providers East Coast Underwriters to ensure the viability and success of this novel program.

With fully-insured groups expecting significant rate increases on renewals in 2020 and 2021, SFBI’s founders point to this approach as a potential solution for all fully-insured groups as an added stimulus and optional recovery opportunity.

“The SFBI partners are pleased to announce this innovative program,” said Morris Masinter, President of BPA and SFBI co-founder. “With projections showing upcoming high rates for fully-insured renewals, our plan is a smart move for employers to retain control of their benefit spend, even in the face of hardships caused by the devastating coronavirus pandemic.”

Fully-insured groups of 5-5,000 lives in all industries, single or multi-state, public or private entities, will have the option to work in co-advisory arrangement with their current broker and SFBI. Participants can expect customized solutions for their benefit needs and should speak with their broker to learn more about the opportunity. More information on eligibility criteria, including webinars and educational seminars around the program, are coming soon.

“We are thrilled to offer this innovative solution jointly with our co-founders, a highly esteemed group of organizations that share our dedication to supporting self-funded employer groups,” said Rob Gelb, Chief Executive Officer at Valenz. “SFBI is one of many ways we are continuously expanding our ecosystem and engaging early and often for smarter, better, faster healthcare.”

https://www.valenzhealth.com/wp-content/uploads/2020/05/shutterstock_547750285_600x432.jpg 432 600 ryan kesner https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png ryan kesner2020-05-11 19:24:172020-05-11 21:00:37Vālenz Partners on Joint Economic Recovery Venture for Self-Funded Groups
Portrait of Ed Zwicker, MBA, Vice President, Information Technology

Ed Zwicker Joins Vālenz as Vice President, Information Technology

April 13, 2020/in Announcements, Featured/by kamryn cain

PHOENIX, Ariz. (April 13, 2020) – Vālenz™ is pleased to announce that Ed Zwicker, MBA, has joined the team as Vice President, Information Technology.

Based in Philadelphia, Zwicker brings 35 years’ experience in design, development, and implementation of highly robust data systems and business intelligence applications. He carries out innovative IT initiatives that add value to his company’s primary business, creating and executing data strategies that align with business goals.

“We are thrilled to have Ed join the senior leadership team,” said Rob Gelb, Chief Executive Officer of Valenz, a leading innovator for data-driven solutions that reduce medical claim costs and promote quality healthcare. “Ed is a highly accomplished IT professional who has deep experience in achieving exceptional business results for his clients. He is well positioned to provide the vision for our technology teams and foster partnerships between IT and business.”

Most recently, Zwicker served as Vice President, Client Delivery for Integress, Inc. A mentor and trusted leader who proactively drives projects and programs, he also has held IT leadership roles at such organizations as Philadelphia Insurance Companies, Cigna and Penn Mutual.

“Valenz is an amazing company, and I’m honored to become part of the team,” Zwicker said. “I look forward to working alongside my team members and our platform partners as we continuously innovate to meet the diverse needs of every client. Together, we will accomplish great things through the Valenz ecosystem and our shared promise of smarter, better, faster healthcare.”

About Valenz

Through a complete health administrative ecosystem, Valenz connects cost and quality data on a single-source, end-to-end analytics platform for smarter, better, faster healthcare. Valenz solutions integrate data from comprehensive care management services (Valenz Care), high-value provider networks (Valenz Access), claim flow management (Valenz Claim) and solutions for payment integrity, revenue cycle management and eligibility compliance (Valenz Assurance) into the ecosystem. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

About Great Point Partners

Great Point Partners (“GPP”), founded in 2003 and based in Greenwich, CT, is a leading health care investment firm, currently with approximately $1.8 billion of equity capital under management and 28 professionals, investing in the United States, Canada and Western Europe. Learn more at gppfunds.com.

https://www.valenzhealth.com/wp-content/uploads/2020/04/Ed_Zwicker_600x432.jpg 432 600 kamryn cain https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png kamryn cain2020-04-13 19:51:222020-04-13 19:54:21Ed Zwicker Joins Vālenz as Vice President, Information Technology

Vālenz Introduces v-Lens, Industry’s Most Complete Reporting, Analytics Program

March 24, 2020/in Announcements, Featured/by Maris Panjada

PHOENIX, Ariz. (March 24, 2020) – In the latest illustration of its company-wide commitment to innovation and collaboration, Vālenz™ has announced the launch of v-Lens, a complete reporting and analytics program for the self-insured employer and payer communities.

For self-insured employers, third party administrators and payers, insights from v-Lens enable greater, more data-driven collaboration with health plan partners – partners now equipped with the most comprehensive platform of actionable drill-down data available. The result is more strategic, proactive decision-making on behalf of employers, which means engaging early and often for smarter, better, faster healthcare.

“With healthcare costs continuing to rise every year, using data to more strategically manage claim administration has become paramount,” said Denny Johnson, Senior Sales Executive at Valenz. To make smarter decisions, employers and their health plan partners need to understand what drives the numbers behind their healthcare spending and how they can better manage those drivers to control the trends. “If an organization is managing healthcare costs using old assumptions, they are probably overlooking the very drivers that most expose them to significantly adverse outcomes,” Johnson added.

As a proprietary layer of the complete Vālenz ecosystem, v-Lens is fueled by integrated data from Valenz’s four core solutions: claim management, care management, high-value networks and payment integrity. It is also supported with top industry sources and evidence-based guidelines to ensure a holistic view of all factors related to cost, payment, utilization, quality and more.

“Looking at plan performance through v-Lens continuously uncovers new opportunities to improve costs without compromising quality,” said Valenz Chief Executive Officer Rob Gelb. “Through advanced analytics and predictive modeling, v-Lens enables more proactive decision making – and thanks to robust integration within the Valenz ecosystem, those decisions are immediately actionable and quickly beneficial.”

To learn more about v-Lens, visit valenzhealth.com/vlens.

About Valenz

Through a complete health administrative ecosystem, Valenz connects cost and quality data on a single-source, end-to-end analytics platform for smarter, better, faster healthcare. Valenz solutions integrate data from comprehensive care management services (Valenz Care), high-value provider networks (Valenz Access), claim flow management (Valenz Claim), and solutions for payment integrity, revenue cycle management and eligibility compliance (Valenz Assurance) into the ecosystem. More information is available online at valenzhealth.com. Valenz is backed by Great Point Partners.

About Great Point Partners

Great Point Partners (“GPP”), founded in 2003 and based in Greenwich, CT, is a leading healthcare investment firm, currently with approximately $1.8 billion of equity capital under management and 28 professionals, investing in the United States, Canada and Western Europe. Learn more at www.gppfunds.com.

https://www.valenzhealth.com/wp-content/uploads/2020/03/shutterstock_161758688.jpg 432 600 Maris Panjada https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png Maris Panjada2020-03-24 20:52:112020-09-28 16:28:42Vālenz Introduces v-Lens, Industry’s Most Complete Reporting, Analytics Program

A Brief Message on COVID-19 Testing from Vālenz CEO

March 12, 2020/in Announcements, Featured/by Maris Panjada

We are pleased to see the IRS waive cost sharing for COVID-19 testing for workers enrolled in High Deductible Health Plans (HDHP). Based on conversations with several of our clients, we will likely see self-insured employers with other plan types follow suit. This is a good first step. So is the use of telehealth to reduce the impact on crowded emergency and urgent care centers by delivering a safe, alternative path to medical guidance, especially for plan members who may be considered in lower risk categories. As the nation’s first data-driven health administrative ecosystem, we are strong proponents for engaging early and often to help our clients achieve smarter, better, faster healthcare. Despite these challenging times, there are creative and proactive practices to remove barriers to care and treatment for plan members, employees, patients – let’s work together to put them into play.

https://www.valenzhealth.com/wp-content/uploads/2020/03/COVID-19_600x432.jpg 432 600 Maris Panjada https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png Maris Panjada2020-03-12 23:07:042020-03-12 23:07:04A Brief Message on COVID-19 Testing from Vālenz CEO
Portrait of Brittney Parrish, Senior Client Services Executive, Vālenz

Vālenz Welcomes Brittney Parrish as Senior Client Services Executive

March 2, 2020/in Announcements, Featured/by Maris Panjada

PHOENIX, Ariz. (March 2, 2020) – Vālenz™, a leading innovator for data-driven solutions that reduce medical claim costs and promote quality healthcare, is pleased to announce that Brittney Parrish has joined the team as Senior Client Services Executive. With nearly 15 years’ experience in sales and account management in the health industry, Parrish is highly skilled in business development and client services, including managing large territories and identifying growth opportunities.

Parrish comes to Valenz from Preferred Medical, where, as Regional Account Manager, she was responsible for managing sales, service and relationship-building. Her prior work experience also includes sales positions at GENEX Services and Johnson & Johnson.

“I am excited to join this industry-leading team and support its data-driven vision of reducing costs for clients while enhancing quality of care,” Parrish said. “Through the complete Valenz health administrative ecosystem, I look forward to delivering solutions to clients that result in better health outcomes at lower costs.”

A graduate of the University of Richmond, Parrish’s skill sets include strategic sales planning, account analysis and development, client service, and negotiations – all key to her new role at Valenz, according to Tom Cox, Vice President, Client Services.

“Brittney brings many strengths that support our ongoing commitment to growing our services and client base,” Cox said. “As we continue to expand our analytic and predictive capabilities to provide smarter, better, faster healthcare for our clients, we are proud to have her on our team.”

About Valenz

Through a complete health administrative ecosystem, Valenz connects cost and quality data on a single-source, end-to-end analytics platform for smarter, better, faster healthcare. Valenz solutions integrate data from comprehensive care management services (Valenz Care), high-value provider networks (Valenz Access), claim flow management (Valenz Claim), and solutions for payment integrity, revenue cycle management and eligibility compliance (Valenz Assurance) into the ecosystem. More information is available online at valenzhealth.com. Valenz is backed by Great Point Partners.

About Great Point Partners

Great Point Partners (“GPP”), founded in 2003 and based in Greenwich, CT, is a leading healthcare investment firm, currently with approximately $1.8 billion of equity capital under management and 28 professionals, investing in the United States, Canada and Western Europe. Learn more at www.gppfunds.com.

https://www.valenzhealth.com/wp-content/uploads/2020/03/Brittney-Parrish_600x432.jpg 432 600 Maris Panjada https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png Maris Panjada2020-03-02 20:23:152020-03-02 20:23:15Vālenz Welcomes Brittney Parrish as Senior Client Services Executive
Portrait of Darcey Dearden, Senior Sales Executive, Vālenz

Darcey Dearden Joins Vālenz as Senior Sales Executive

February 24, 2020/in Announcements, Featured/by Maris Panjada

PHOENIX, Ariz. (February 24, 2020) – Vālenz™, a leading innovator for data-driven solutions that reduce medical claim costs and promote quality healthcare, welcomes Darcey Dearden as Senior Sales Executive. An award-winning sales professional for more than 20 years, Dearden has a proven record of consistently exceeding performance goals and building strong relationships with clients and referral partners.

Prior to joining Valenz, Dearden was Regional Vice President for Total Administrative Services Corporation, the nation’s largest privately held third-party benefits administrator. There, she elevated underperforming teams and established new standards to enhance accountability, collaboration and production. Her work experience also includes sales management positions at BenefitMall and Paychex.

“Darcey offers a winning combination of excellence in sales leadership, team building, and uncovering new solutions that maximize efficiency and reduce costs,” said Rob Gelb, Chief Executive Officer. “Her skill sets in strategic execution and effective communication make her well positioned to help our clients achieve smarter, better, faster healthcare. She is an outstanding fit for our team.”

Dearden brings to Valenz a strong background in business-to-business sales, benefit administration and compliance. She says she is thrilled to join Valenz because, as the innovators behind the industry’s first complete health administrative ecosystem, Valenz embodies the future-focused, client-centric, data-driven vision necessary for lower-cost, higher-quality healthcare.

“I look forward to meeting and exceeding our clients’ needs with the leading-edge data science and solutions that are unique to the Valenz ecosystem,” Dearden said. “I share this company’s dedication to managing costs and improving quality of care, and it is an honor to be part of such a vibrant, growing team.”

For more information, call 877-601-2200.

About Valenz

Through a complete health administrative ecosystem, Valenz connects cost and quality data on a single-source, end-to-end analytics platform for smarter, better, faster healthcare. Valenz solutions integrate data from comprehensive care management services (Valenz Care), high-value provider networks (Valenz Access), claim flow management (Valenz Claim), and solutions for payment integrity, revenue cycle management and eligibility compliance (Valenz Assurance) into the ecosystem. More information is available online at valenzhealth.com. Valenz is backed by Great Point Partners.

About Great Point Partners

Great Point Partners (“GPP”), founded in 2003 and based in Greenwich, CT, is a leading healthcare investment firm, currently with approximately $1.8 billion of equity capital under management and 28 professionals, investing in the United States, Canada and Western Europe. Learn more at www.gppfunds.com.

https://www.valenzhealth.com/wp-content/uploads/2020/02/Darcey_Dearden_600x432.jpg 432 600 Maris Panjada https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png Maris Panjada2020-02-24 23:18:512020-02-24 23:18:51Darcey Dearden Joins Vālenz as Senior Sales Executive
Portrait of Rob Gelb, Chief Executive Officer at Vālenz

Vālenz Appoints Rob Gelb as Chief Executive Officer

February 17, 2020/in Announcements, Featured/by Holly Lawton

Key Leadership Moves Support Rapid Expansion of Industry’s First Health Administrative Ecosystem

PHOENIX, Ariz. (February 17, 2020) — The Board of Directors at Vālenz™ today announced the appointment of Rob Gelb as Chief Executive Officer. Gelb, who joined the firm in 2018 as Chief Revenue Officer, succeeds Josh Carder as CEO, while Carder assumes a new position as Chairman of the Board.

“When Josh founded this company 17 years ago, he did so with a vision to solve the complex administrative challenges affecting healthcare costs – and that vision still drives us today,” said Gelb. “It is an honor to be selected as CEO to continue moving forward through the power of innovation and next-generation data integration.”

Since joining Valenz, Gelb has been instrumental in integrating key acquisitions that created the foundation for the company’s single-source solutions and data analytics platform, also known as the Valenz health administrative ecosystem. Throughout his 30+ year career, he has held leadership positions at several prestigious firms, including York (now Sedgwick), Coventry, CIGNA and others.

“Rob is a highly esteemed leader with a proven record of strategic and tactical success in creating and expanding healthy companies, and I am thrilled that he is now taking the reins as CEO of Valenz,” said Carder, adding that he is equally excited to become Chairman of the Board, where he can continue to influence the Valenz vision and promise of smarter, better, faster healthcare.

In addition to Gelb’s appointment, the board announced that Amy Gasbarro has been appointed Chief Operating Officer. Read more about Gasbarro’s appointment here.

About Valenz
Through a complete health administrative ecosystem, Valenz connects cost and quality data on a single-source, end-to-end analytics platform for smarter, better, faster healthcare. Valenz solutions integrate data from comprehensive care management services (Valenz Care), high-value provider networks (Valenz Access), claim flow management (Valenz Claim), and solutions for payment integrity, revenue cycle management and eligibility compliance (Valenz Assurance) into the ecosystem. For more information, visit www.valenzhealth.com. Valenz is backed by Great Point Partners.

About Great Point Partners
Great Point Partners (“GPP”), founded in 2003 and based in Greenwich, CT, is a leading healthcare investment firm, currently with approximately $1.8 billion of equity capital under management and 28 professionals, investing in the United States, Canada and Western Europe. Learn more at www.gppfunds.com.

https://www.valenzhealth.com/wp-content/uploads/2020/02/Rob_Gelb_600x432.jpg 432 600 Holly Lawton https://www.valenzhealth.com/wp-content/uploads/2023/01/valenz-logo-1-23-3.png Holly Lawton2020-02-17 15:24:212020-02-17 15:24:41Vālenz Appoints Rob Gelb as Chief Executive Officer
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