Vālenz® Health Names TJ Morrison as Senior Vice President, Innovation

PHOENIX, Ariz. (Feb. 2, 2024) — Vālenz® Health is pleased to announce that TJ Morrison has been named to a newly created executive position as Senior Vice President, Innovation.

Morrison first joined Valenz in September 2023 as Senior Vice President, Strategy, following the company’s acquisition of KISx Card, LLC. In his new role, he will steer the company’s product lifecycle management, from vision and innovation to development and marketing. Working closely with the marketing, sales and operations teams, he will lead the way in crafting products and services that bolster customer retention and align with the firm’s long-term strategic objectives.

“As a longtime champion of customer-centric solutions with a clear vision for the future, TJ is a perfect fit to take our product and service offerings forward,” said Maurice Steenland, Chief Product Officer of Valenz. “His tremendous background and skills will be key to advancing the Valenz culture of innovation, anticipating emerging market needs, and driving value as we work together to provide lasting results for our customers.”

For more than 15 years, Morrison has driven new solutions that pave the way for self-funded employers to control claim costs. Drawing from his deep experience with brokerages and TPAs, he founded KISx Card in 2016 to deliver bundled transparent pricing to local employers, and under his leadership it became one of the nation’s largest direct-contracting surgery and imaging networks. Morrison also previously held executive and management roles with Benefit Design Specialists, Inc.

“It’s been an honor to be part of this highly talented Valenz team, and I am extremely energized to take this next step in leading our product strategy,” Morrison said. “There is nothing more rewarding than creating genuine partnerships with our customers, and we have a unique opportunity at Valenz to offer groundbreaking solutions that make a real impact on the health plan of the future.”

Based in Harrisburg, Pa., Morrison earned his degree in Business Administration, Entrepreneurial Studies from Rider University.

About Vālenz® Health  

Vālenz® Health is the platform to simplify healthcare – the destination for employers, payers, providers and members to reduce costs, improve quality, and elevate the healthcare experience. The Valenz mindset and culture of innovation combine to create a distinctly different approach to an inefficient, uninspired health system. With fully integrated solutions, Valenz engages early and often to execute across the entire patient journey – from care navigation and management to payment integrity, plan performance and provider verification. With a 99% client retention rate, we elevate expectations to a new level of efficiency, effectiveness and transparency where smarter, better, faster healthcare is possible. For more information, visit valenzhealth.com.

Uncovering Errors and Overpayments for Multi-State Health Plan

Amid the growing trend of high-cost claims and the challenges of avoiding errors and overpayments, a large multi-state health plan retained Vālenz® Health in 2023 to provide wraparound second pass payment integrity support across its in-network high-dollar claims. The results: an additional savings of $120 million for an average savings of $40,000 per claim.

See how our Full Claim Review Solution created these savings by supplementing the health plan’s payment integrity program – read the case study here.

View all Valenz case studies and whitepapers here.

Vālenz® Health Names Frederick Karutz as Executive Vice President, Strategic Solutions

PHOENIX, Ariz. (December 22, 2023) — Vālenz® Health announces that Frederick Karutz has joined the executive leadership team as Executive Vice President, Strategic Solutions. In his new role, Karutz will drive transformative value for health plans, employers and members through a solution suite that delivers optimal care navigation and management, payment integrity and risk mitigation for exceptional customer experiences and savings.

An early innovator in consumer-driven healthcare, Karutz brings more than 25 years of expertise in analytics-supported care engagement and member-centered solutions, most notably for members with complex and emerging needs. He comes to Valenz after serving as President for Carelon Advocacy, where he worked with health plans to unlock personalized engagement for high-risk, emerging-risk and complex-care members.

“Fred is a true champion of everything Valenz Health stands for in serving the member: engaging early and often to ensure better outcomes at lower costs of care through a culture of innovation,” said Rob Gelb, Chief Executive Officer of Valenz. “His tremendous background and skills in leveraging data-driven, member-centric programs and solutions make him an outstanding fit for our company as we lead the way toward optimizing cost, utilization and quality for all.”

Karutz has deep experience in leveraging advanced analytics to identify at-risk members and engage them with health plan programs, point solutions and providers, driving significant improvements in health outcomes, claims trend reductions and average savings.

Karutz also directed growth, sales enablement and marketing efforts on behalf of the Advanced Analytics and Services division within Carelon. Before that, he led consumer-based programs, strategy, growth, marketing, and product development functions for companies including AIM Specialty Health, ConnectedHealth, Health Care Services Corporation, Silverlink and GoHealth.

“The Valenz continuum of solutions delivers significant and immediate cost savings for health plans, employers and other payers, as well as optimal care navigation and management for members. It’s a timely, winning combination for smarter, better, faster healthcare,” Karutz said.

An active member of his community in Chicago, Karutz was a member of Greater Leadership of Chicago; served as Vice Chairman with Instituto del Progresso Latino, helping the organization establish the Instituto Health Sciences Career Academy; and has been a board member with AgeOptions for more than 14 years. He also has developed an innovative healthcare internship program for high school seniors sponsored over the years by HCSC, Anthem and Carelon.

Karutz earned a bachelor’s degree in economics from Northwestern University and a master’s degree in business administration from the University of Chicago Booth School of Business.

About Vālenz® Health  

Valenz Health is the platform to simplify healthcare – the destination for employers, payers, providers and members to reduce costs, improve quality, and elevate the healthcare experience. The Valenz mindset and culture of innovation combine to create a distinctly different approach to an inefficient, uninspired health system. With its fully integrated solution, Valenz executes across the entire patient journey – from care navigation and management to payment integrity, risk solutions and provider validation. With a 99% client retention rate, we elevate expectations to a new level of efficiency, effectiveness and transparency where smarter, better, faster healthcare is possible.
For more information: valenzhealth.com