Vālenz® Promotes Nathan Nelson to Chief Revenue Officer

/in , , /by

PHOENIX, Ariz. (December 3, 2021) — Vālenz®, the innovators behind the industry’s most transparent, data-driven ecosystem for self-funded employers and their health plan partners, recently announced Nathan Nelson, MBA, has been promoted to Chief Revenue Officer.

Nelson, who joined the firm as Vice President of Business Development in April 2019, was promoted to the executive team when he was appointed Senior Vice President of Growth earlier this year. “Nathan’s rapid rise within our organization speaks volumes about the ways he embraces a client-centric focus in everything we do, from clinical and member advocacy to assuring the validity, integrity and accuracy of claims,” said Rob Gelb, Chief Executive Officer. “His commitment to the character, culture and vision that drive Valenz is laser-focused on keeping the client at the center of all decisions and propelling forward the power of the ecosystem for smarter, better, faster healthcare.”

Nelson brings 20+ years’ experience driving strong business growth across all areas of revenue – with proven success in sales and account management for the healthcare industry, primarily in the managed care segment. Prior to joining Valenz, he held sales and leadership positions in claim management, workers’ compensation, underwriting and account management.

“I am excited to lead our sales and client relationships forward,” Nelson said. “The opportunities for our clients are as limitless and groundbreaking as the Valenz vision. I look forward to expanding our clients’ success – and our own – in this new role.”

For more information about Valenz and its leadership team, visit valenzhealth.com.

 

About Valenz

Valenz enables self-insured employers to make better decisions that control costs across the life of a claim while empowering their members to lead strong, vigorous and healthy lives. Valenz offers transparency through data to pinpoint members at highest risk, address gaps in network designs, ensure appropriate and accurate charges, and expertly navigate employees to optimal care solutions for substantial cost savings and improved health outcomes. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

Vālenz® Unveils Solutions to Replace Traditional Reference-Based Pricing

/in , , , /by

Innovative reimbursement strategies maximize plan dollars, improve provider relationships and drive significant savings

PHOENIX, Ariz. (November 19, 2021) — At a recent customer event, Vālenz® leaders unveiled a package of solutions that offer innovative alternatives to traditional reference-based pricing (RBP) agreements, designed to give self-insured employers more leverage in their local markets.

According to Rob Gelb, CEO of Valenz, the market needs to move away from traditional RBP approaches, which continue to be focused on basic payment reductions. “Now is the time to change the way you look at a reference-based approach to reimbursement that is defensible and allows customers to position in the market without contracts,” Gelb said. “The new Valenz package is designed to do this, plus it offers options to share risk with our customers.”

Each solution is fueled by data-driven insights and supported via the proprietary Valenz VMS™ Repricing Methodology yield fair, market-sensitive reimbursements that deliver improvement in savings as high as 75 percent, according to Gelb.

Valenz solutions offer options for self-insured employers to choose the path to smarter, better, faster healthcare that is best for their markets:

  • Access Open Solution maximizes plan dollars with a non-network reimbursement strategy that fosters equitable provider relationships. With integrated care navigation that lowers costs, this solution provides transparent quality and outcomes data for fair, defensible and consistent reimbursement recommendations.
  • Access Assured Payment builds on Access Open Solution to eliminate the risk of balance billing, member disruption and provider friction by offering assured payments for up to 91 percent of claim volume. The remaining claims undergo comprehensive, line-by-line bill review with provider sign-off for secured savings.
  • Access Amplified offers an out-of-network wrap solution – complete with care navigation, bill review and assured payment – to replace wrap networks. This solution directs members to high-quality care at fair, reasonable costs and secures appropriate, accurate charges for every out-of-network claim, resulting in significant savings.
  • Providing an alternative reimbursement approach for non-Medicare-based pricing – one that, like the other solutions, embeds VMS for fair, equitable, market-sensitive reimbursement rates.

“These solutions help maximize savings opportunities, reduce risk to the health plan, and put leverage back in the self-insured employer’s favor,” Gelb said. “That’s the power of the Valenz ecosystem. It lets us do what we do best, which is creating partnerships through contracts with providers.

“When we engage early and often to ensure active collaboration among the patient, providers and employer plans, we can ensure transparency and ultimately improve health outcomes.”

 

About Valenz

Valenz enables self-insured employers to make better decisions that control costs across the life of a claim while empowering their members to lead strong, vigorous and healthy lives. Valenz offers transparency through data to pinpoint members at highest risk, address gaps in network designs, ensure appropriate and accurate charges, and expertly navigate employees to optimal care solutions for substantial cost savings and improved health outcomes. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

Vālenz® Releases New Provider Locator for Members

/in , , , /by

New search capabilities bring more transparency into access, cost and quality

PHOENIX, Ariz. (October 29, 2021) — In keeping with their commitment to innovation that fuels strong, vigorous and healthy lives, Vālenz® has announced the release its new Provider Locator tool. Available online for plan members and administrators to access anytime, the new and improved Provider Locator is uniquely designed to bring more information and transparency to the process of choosing a provider for healthcare services.

In addition to an array of filters for members to refine searches according to their individual needs and preferences, the new Provider Locator also includes star-ratings and cost data, as well as an interactive map that pins provider locations within the defined geography. Search results include providers currently under contract within each member’s Valenz Access provider network, as well as “Valenz-Friendly” providers who have previously accepted reimbursement from Valenz.

“Engaging early and often for smarter, better, faster healthcare can take many forms, but in most cases, it begins with connecting people to quality providers who will deliver the right care at the right time and at the right cost according to plan coverage,” said Maurice Steenland, Senior Vice President of Product and Delivery. “We are very excited about this initial release and look forward to continuously expanding the data available to plan members in support of their healthcare decisions.”

With future updates, says Steenland, the Provider Locator tool will become more robust with expanded cost and quality data for providers in Valenz networks.

 

About Valenz

Valenz enables self-insured employers to make better decisions that control costs across the life of a claim while empowering their members to lead strong, vigorous and healthy lives. Valenz offers transparency through data to pinpoint members at highest risk, address gaps in network designs, ensure appropriate and accurate charges, and expertly navigate employees to optimal care solutions for substantial cost savings and improved health outcomes. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

Vālenz® to Attend SIIA’s 2021 National Educational Conference & Expo

/in , , , /by

Event to be held October 3-5 in Austin, Texas

PHOENIX, Ariz. (October 1, 2021) — As Diamond members of the Self-Insurance Institute of America (SIIA) and industry-leading innovators for the self-insured and captive insurance marketplace, Vālenz® leaders have announced they are attending SIIA’s annual National Educational Conference and Expo again this year.

The 41st annual conference event, which takes place virtually and in person, provides event participants with many opportunities to discover game-changing solutions, including the data-driven Valenz ecosystem.

“We are excited about this year’s conference theme – The Way Forward – because it reflects the need to reimagine the paradigms of self-funded health plans,” said Rob Gelb, Chief Executive Officer at Valenz. “That’s what we do every day within the Valenz ecosystem. We make it possible to achieve measurable, meaningful improvements in cost and quality year over year.”

Several members of the Valenz executive team will be attending this year’s SIIA conference, including Amy Gasbarro, Chief Operating Officer; Nathan Nelson, Senior Vice President, Growth; Jordan Hersh, Vice President, Business Development; Chris Shoffner, Vice President, Business Development; and Brittney Parrish, Senior Client Services Executive.

By integrating data from high-value provider networks, care management, revenue cycle, claim management and more, Valenz provides uniquely transparent and data-driven decision enablement. “Part of the way forward for our industry will be shaped by how we target the 5-15 percent of claims that drive up to 70 percent of health plan spending – that’s the key to driving costs down while driving quality and member experience up,” Gelb said.

The in-person component of the 2021 conference will be held at the JW Marriott Hotel in Austin, Texas. Educational content is being delivered virtually with a combination of live and pre-recorded sessions scheduled throughout the conference. Attendees are encouraged to talk with Valenz at the event for a one-on-one exploration of next-generation data engagement and decision enablement that drives smarter, better, faster healthcare.

 

About Valenz

Valenz enables self-insured employers to make better decisions that control costs across the life of a claim while empowering their members to lead strong, vigorous and healthy lives. Valenz offers transparency through data to pinpoint members at highest risk, address gaps in network designs, ensure appropriate and accurate charges, and expertly navigate employees to optimal care solutions for substantial cost savings and improved health outcomes. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

Vālenz® Hires Chris Shoffner as Vice President, Business Development

/in , , /by

Shoffner brings expertise and passion for improving health plan design

PHOENIX, Ariz. (October 1, 2021) — Vālenz® announced today the appointment of Chris Shoffner as Vice President, Business Development. With nearly 20 years’ experience as an advocate for re-imagining employee benefits to achieve better costs and outcomes, Shoffner’s expertise aligns well with the mission of the Valenz ecosystem.

“Chris is extremely knowledgeable and passionate about creating a world where employees and employers benefit from health plans that deliver better care at lower costs,” said Rob Gelb, Chief Executive Officer at Valenz. “His expertise and decades-long track record of pushing for positive change in health plans and the self-funded insurance industry align well with the culture here at Valenz, where every decision we make is designed to enable smarter, better, faster healthcare.”

Before joining Valenz, Shoffner held leadership roles in healthcare consulting and fiduciary services, where he honed his expertise in executive intelligence aimed at improving health plan design, risk management, population health and health literacy. His specialties include healthcare tax code, health plan design, disease management, risk management and strategic planning – “all the things health plan fiduciaries should be concerned about today,” Shoffner said.

In 2008, Shoffner was selected by North Carolina state legislators and the Commissioner of Insurance to serve on the 2008-2010 Blue Ribbon Task Force for the state’s health plan. That experience, combined with his extensive knowledge of health plan management and oversight, inspired him to run for the North Carolina House of Representatives in 2016, with his platform heavily focused on controlling healthcare costs.

“I’ve long been a proponent of using data to make good decisions, to indemnify patients from balance billing and protect health plan assets in ways that save money for payers as well as patients and providers,” said Shoffner, adding that it was this mutually shared philosophy that drew him to Valenz. “Within the Valenz ecosystem, transparent, data-driven decision enablement is already there, and it’s actionable – both from the top-down employer level and for ensuring plan members choose high-quality, lower-cost providers who will deliver the best care for them as individuals.”

Nathan Nelson, Senior Vice President of Growth at Valenz, says Shoffner embodies the innovative, can-do mindset that has made Valenz one of the fastest-growing private companies in the country. “We are very excited to welcome Chris aboard,” Nelson said. “I speak for the entire executive team when I say we have every confidence in him to move us even further forward in assuring everyone in our ecosystem is strong, vigorous and healthy.”

For more information about Valenz and its leadership team, visit valenzhealth.com.

 

About Valenz

Valenz enables self-insured employers to make better decisions that control costs across the life of a claim while empowering their members to lead strong, vigorous and healthy lives. Valenz offers transparency through data to pinpoint members at highest risk, address gaps in network designs, ensure appropriate and accurate charges, and expertly navigate employees to optimal care solutions for substantial cost savings and improved health outcomes. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

Integrated Payor Solutions Seals Partnership with Vālenz®

/in , , /by

(September 30, 2021) – Integrated Payor Solutions, a full-stack tech solution for medical claim processing, announced a new partnership with Arizona-based healthcare company Vālenz®. “We’re proud to announce our partnership with Valenz, and excited to introduce our transparency solution for the No Surprises Act, Transparency+, into the powerful Valenz ecosystem,” said Shawn Evans, CEO of Integrated Payor Solutions. 

Transparency+ is a No Surprises Act-focused, bolt-on software solution offered by Integrated Payor Solutions that helps companies like Valenz provide their clients with more efficient and successful medical claims processing alternatives, including advanced EOBs. Additionally, this specialized solution by IPS is built on the flexible, dynamic Salesforce platform, which is easily integrated into any existing technology stack. “With the introduction of the No Surprises Act, we’re seeing companies like Valenz recognize how crucial the IPS platform is for their clients,” says Evans. “It’s rapidly becoming clear how critical it is for health plans to start implementing a transparency solution today – fortunately, we have the ability to bring that solution online in an average of 60 days.” 

“At Valenz, we are actively engaging with our health plan, TPA and self-insured clients to support them in implementing the federally mandated procedures for protecting patients from surprise medical bills and delivering increased transparency for medical costs and coverage,” said Rob Gelb, Chief Executive Officer of Valenz. “Together with ecosystem partners, like IPS, we are providing the foundation necessary for our clients to achieve compliance when the Act takes effect next year,” said Gelb. 

The No Surprises Act signed into law in December 2020 requires TPAs, health plans and self-insured employers to maintain up to date, in-network provider directories and disclose detailed pricing and cost-sharing information to consumers and other stakeholders. “These new requirements create a serious gap for health plans – one that IPS is equipped to solve with a stand-alone prospective claims processing system and cost estimator,” said Evans. “Our efficient implementation process brings health plans up to speed with transparency requirements, which is imperative as we approach 2022.” 

To learn more about Transparency+, visit www.IntegratedPayorSolutions.com or contact Shawn Evans today. 

 

About Integrated Payor Solutions 

Integrated Payor Solutions is the transformational cloud-based solution that powers your payor or network business. Because today, workflows can be paper-based and prone to errors, managed by antiquated software that takes forever to implement, or limited by costly in-house IT solutions. Learn more by visiting www.integratedpayorsolutions.com. 

About Valenz 

Valenz enables self-insured employers to make better decisions that control costs across the life of a claim while empowering their members to lead strong, vigorous and healthy lives. Valenz offers transparency through data to pinpoint members at highest risk, address gaps in network designs, ensure appropriate and accurate charges, and expertly navigate employees to optimal care solutions for substantial cost savings and improved health outcomes. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners. 

Vālenz® Appoints Eric Hanna as Vice President, Claim and Access Solutions

/in , , /by

15-year veteran joins leadership team

PHOENIX, Ariz. (Sept. 27, 2021) — Vālenz®, the innovators behind a data-driven ecosystem of solutions that lower costs while improving quality and access for self-funded health plans, recently promoted Eric Hanna to the position of Vice President, Claim and Access Solutions. Eric brings 15 years’ leadership experience in implementation management and claims analysis at Valenz, as well as expertise in business, finance and client services.

“With his deep claims, data and implementation expertise, Eric keeps his eye trained on the goal of client success,” said Amy Gasbarro, Valenz Chief Operating Officer. “After 15 years with our firm, he has proven time and time again that he is always focused on the future of network strategy and innovative medical cost containment solutions for the self-insured employer.”

Eric brings leadership experience working with self-insured employers, third-party administrators and brokers in the areas of network strategy, claim management, employee benefits design and implementing technology solutions to streamline and accelerate claim operations. “I’ve long considered it an honor to be part of the Valenz team and having the opportunity to help our clients achieve greater levels of cost containment while improving the health outcomes of their members,” said Eric. “Today, I am proud to join the leadership team to accelerate ecosystem expansion for smarter, better, faster healthcare in the self-insured industry.”

Before his promotion to Vice President, Eric most recently served as Director of Networks and Implementation at Valenz. In 2019, Eric was selected for the prestigious Valenz Extended Leadership Team (ELT). He is a Certified Professional Coder (CPC) in claim coding and graduated Cum Laude with a bachelor’s degree in Business Administration and Management from Northern Arizona University.

For more information about Valenz and its leadership team, visit valenzhealth.com.

 

About Valenz

Valenz enables self-insured employers to make better decisions that control costs across the life of a claim while empowering their members to lead strong, vigorous and healthy lives. Valenz offers transparency through data to pinpoint members at highest risk, address gaps in network designs, ensure appropriate and accurate charges, and expertly navigate employees to optimal care solutions for substantial cost savings and improved health outcomes. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

Brandy Robinson, Client Services Executive

Vālenz® Promotes Brandy Robinson to Client Services Executive

/in , , /by

Robinson brings expertise with Vālenz Assurance and 15+ years’ experience leading client accounts 

PHOENIX, Ariz. (September 10, 2021) — Vālenz®, the innovators behind the industry’s most transparent, data-driven ecosystem for providers and payers in healthcare, recently announced that Brandy Robinson has been promoted to Client Services Executive.

Robinson’s new role – under the leadership of Brian Campbell, Vice President of Client Services – will involve working closely with Valenz Assurance clients, both providers and payers, to deliver a complete, customizable range of solutions that ensure credentialing compliance and payment integrity for every claim and episode of care. Robinson’s promotion comes four years after joining Valenz as an account manager.

“Brandy brings a versatile range of talents to the table, including excellence in client service,” said Campbell. “She listens to individual client needs and delivers on her promises. That is how you build relationships for the long term, and connecting people with services that improve business and financial health is what Brandy does best.”

Robinson agrees that listening and collaborating with clients is key to mutual success. “Through Valenz Assurance we are absolutely committed to ensuring provider credentialing excellence and clean claims to improve our clients’ experiences and outcomes – whether they are providers, payers or patients,” said Robinson. “I think my clients have always valued business partners who listen carefully and give honest, thoughtful feedback and recommendations born from years of industry experience.”

Robinson first joined the firm in 2017 and brings 15+ years of experience as an account executive in sales. She has a degree in Human and Consumer Sciences from Ohio University.

“Valenz is consistently named one of America’s fastest-growing private companies, and I am thrilled to be part of it,” she said. “Harnessing the value of transparency and trust with a client-centered team paves the way to smarter, better, faster healthcare.”

For more information about Valenz and its leadership team, visit valenzhealth.com.

 

About Valenz

Valenz enables self-insured employers to make better decisions that control costs across the life of a claim while empowering their members to lead strong, vigorous and healthy lives. Valenz offers transparency through data to pinpoint members at highest risk, address gaps in network designs, ensure appropriate and accurate charges, and expertly navigate employees to optimal care solutions for substantial cost savings and improved health outcomes. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

Vālenz® Promotes Alex Ruiz to Client Services Executive

/in , , /by

Ruiz brings 20+ years’ experience leading client accounts and delivering client-focused service 

PHOENIX, Ariz. (August 27, 2021) — Vālenz®, a leading innovator for a data-driven ecosystem of solutions that reduce medical claim costs and promote quality healthcare, recently announced that Alex Ruiz has been promoted to Client Services Executive.

Ruiz’s promotion comes just over a year after joining Valenz as a sales representative. His new role – under the leadership of Brian Campbell, Vice President of Client Services – will involve building client awareness of new opportunities and solutions, as well as ensuring overall satisfaction with the Valenz ecosystem and client experience.

“Early on, Alex stood out for his energy and rapport with our clients and partners at Valenz,” said Brian Campbell. “We’ve watched him deliver daily on our company promise to engage early and often for smarter, better, faster healthcare. His work ethic and commitment to client service exemplifies the strong, vigorous, healthy mindset at this company’s core.”

Ruiz first joined the firm in 2020 after more than two decades as an account executive in sales, most recently in the field of healthcare technology. Ruiz has a degree in International Business from Kean University, and he also serves as a peer mentor for ALPFA New Jersey, a professional chapter of the Association of Latino Professionals for America. In this capacity, Ruiz works with young professionals to help them achieve career and personal growth goals by sharing his own personal, business and life experiences.

“My career has taught me that connecting people and companies with the products and services that will best serve them should always be at the heart of what you do,” said Ruiz. “If you focus on the needs of the client, trust is developed and true partnerships are born. Valenz encouraged my client-focused philosophy from day one, and I am excited to grow with this company as we serve the phenomenal roster of clients we have here at Valenz.”

For more information about Valenz and its leadership team, visit valenzhealth.com.

 

About Valenz

Valenz enables self-insured employers to make better decisions that control costs across the life of a claim while empowering their members to lead strong, vigorous and healthy lives. Valenz offers transparency through data to pinpoint members at highest risk, address gaps in network designs, ensure appropriate and accurate charges, and expertly navigate employees to optimal care solutions for substantial cost savings and improved health outcomes. More information is available at valenzhealth.com. Valenz is backed by Great Point Partners.

Captives of the Future Roundtable

Captives of the Future: On-Demand Webinar from Vālenz®, MSL Captive Solutions and True Captive Insurance

/in , , /by

As healthcare costs continue to rise, group captives offer pathways for self-insured employers to optimize health plans while accelerating risk and cost management.

Consider the next generation of MSL group captives. It may be a smart move for self-insured employers who want more control over their healthcare costs, effective strategies to manage risk, and long-term stability in the health plan.

Vālenz® hosted a roundtable discussion on reducing risk and gaining control of health plan spending through an innovative approach to medical stop-loss group captives. The focus was on self-insured employer groups and the brokers, TPAs and others who support self-funded health plans.

Watch Valenz CEO Rob Gelb, Managing Director of MSL Captive Solutions Phil Giles, and True Captive Insurance CEO David Voorhees as they explored how collaboration in a captive powered by a complete ecosystem of solutions can enable better decisions across the life of a claim.

  • Pinpoint high-risk employees for early engagement in care management
  • Discover network gaps and improve network design
  • Decrease the overall cost of care and improve health outcomes

Click here to download a PDF of the slides.

23048 N. 15th Ave
Phoenix, AZ 85027
United States of America

Toll-Free: (866) 762-4455
Main Fax: (888) 452-6512

Solutions

Vālenz Access
Vālenz Care
Vālenz Claim
Vālenz Assurance

About Valenz

Power of the Ecosystem
Company Values
History
Leadership
Sales Team
Careers

Resources

Case Studies
White Papers
Webinars
News

For Clients

Login
Help Center
v-Lens Portal

Terms and Conditions

Privacy Policy

Social Media Policy

© Vālenz®