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Vālenz Appoints Larry Eisel as Chief Financial Officer
/in Announcements, Featured/by Holly LawtonPHOENIX, Ariz. (December 16, 2019) — Today, leaders at Vālenz™ announced the appointment of Larry Eisel, CPA, CMA, CGMA, as Chief Financial Officer. In addition to overseeing all financial operations, Eisel will play a key role in strategic planning and establishing sustainable growth goals for Valenz.
Eisel’s background in finance spans more than three decades, including 11 years as CFO for Total Transit, which included Veyo, a healthcare logistics data analytics firm. As such, Eisel brings the right mix of industry experience, financial acumen and leadership strength to the Valenz executive team.
“At Valenz, our promise of smarter, better, faster healthcare requires some of the smartest minds in business, and Larry has the vision and experience we need to lead our enterprise to new heights,” said Rob Gelb, Chief Revenue Officer. “With his prior success in building and managing the finances of growth-oriented companies, I am certain Larry will deliver the results we need to continuously expand our capabilities.”
As a testament to Eisel’s expertise, which includes leadership in mergers and acquisitions, divestitures, risk management, contract management, accounting, compliance, purchasing and more, he was named 2014 CFO of the Year by Financial Executives International. He also received the Outstanding CFO award from the Phoenix Business Journal the same year. Eisel says he is drawn to innovative companies that make a measurable impact by consolidating once-disparate service offerings under one roof, which led him to Valenz and its complete health administrative ecosystem.
“Valenz is extremely well positioned to transform claim management through data science and first-of-its-kind integration, and I am excited to join a team so heavily focused on bringing real savings and solutions to its customers,” Eisel said. “I look forward to the future and doing my part to continually expand the true potential of Valenz.”
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. Serving self-insured employers, third-party claim administrators, brokers and benefit consultants, trust and labor organizations, stop-loss carriers, integrated healthcare delivery networks, and health/dental plan payers, 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. 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. GPP is currently making new private equity investments from GPP III. Great Point manages capital in private (GPP I, $156 million and GPP II, $215 million of committed capital, and GPP III which has $306 million in committed capital) and public (BioMedical Value Fund family, approximately $1.1 billion) equity funds. Great Point Partners has provided growth equity, growth recapitalization and management buyout financing to more than 100 growing healthcare companies. The private equity funds invest across all sectors of the healthcare industry, with particular emphasis on biopharmaceutical services and supplies, outsourcing and alternate site care, pharmaceutical infrastructure and information technology-enabled businesses. The firm pursues a proactive and proprietary approach to sourcing investments and tuck-in acquisitions for its portfolio companies. Reach Great Point at (203) 971-3300 or www.gppfunds.com.
Vālenz Welcomes Ben Inabinet as Senior Sales Executive
/in Announcements, Featured/by Holly LawtonVālenz™, a leading innovator for solutions that reduce medical claim costs and promote quality healthcare, recently welcomed Ben Inabinet to the team as Senior Sales Executive. As an experienced sales professional and account executive, Inabinet has a proven track record of delivering efficiency and cost savings through IT solutions for third-party administrators, insurance carriers, self-insured employers and other clients.
Prior to joining Valenz, Inabinet worked as a Channel Manager for NetClaim. His work experience also includes sales and account positions at such firms as Team IA and ScanSource. Today, he says he is thrilled to bring his career to the next level through Valenz and the industry’s first complete health administrative ecosystem.
“As healthcare spending continues to rise, today’s health administrators need new approaches that drive lower costs and better outcomes,” Inabinet said. “Valenz helps clients achieve smarter, better, faster healthcare through highly integrated, data-driven solutions, so I am truly honored to join such a client-centric and future-focused team.”
Rob Gelb, Chief Revenue Officer, says Inabinet brings the right mix of industry knowledge, problem-solving skills and innovative spirit to the Valenz sales team, which is integral to serving the needs of Valenz’s customer base. “The more we grow, the more robust our analytic and predictive capabilities become, making our ecosystem grow in value for our clients every day,” Gelb explained.
For more information, call 866-762-4455.
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. Serving self-insured employers, third-party claim administrators, brokers and benefit consultants, trust and labor organizations, stop-loss carriers, integrated healthcare delivery networks, and health/dental plan payers, 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. For more information about Valenz, visit www.valenzhealth.com or call (866) 762-4455.
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 currently under management and 28 professionals, investing in the United States, Canada, and Western Europe. GPP is currently making new private equity investments from GPP III. Great Point manages capital in private (GPP I, $156 million and GPP II, $215 million of committed capital, and GPP III which has $306 million in committed capital) and public (BioMedical Value Fund family, approximately $1.1 billion) equity funds. Great Point Partners has provided growth equity, growth recapitalization, and management buyout financing to more than 100 growing health care companies. The private equity funds invest across all sectors of the health care industry with particular emphasis on biopharmaceutical services and supplies, outsourcing and alternate site care, pharmaceutical infrastructure and information technology enabled businesses. The firm pursues a proactive and proprietary approach to sourcing investments and tuck-in acquisitions for its portfolio companies. Reach Great Point at (203) 971-3300 or www.gppfunds.com.
Colin Glen Joins Senior Executive Team at Vālenz Assurance
/in Announcements, Featured, Valenz Assurance/by Holly LawtonVālenz, a leading innovator for solutions that reduce medical claim costs and promote quality healthcare, has recently expanded its strategic acumen by welcoming Colin Glen to the executive team. Glen is now Vice President of Business for Vālenz Assurance, which delivers solutions for assured compliance and payment integrity as part of the firm’s comprehensive health administrative ecosystem.
Having held leadership positions at such firms as Intelligent Medical Solutions, Oration, WhiteCloud Analytics and, most recently, Relias, Glen brings nearly 20 years’ experience to his new role.
“Throughout his career, Colin has excelled at serving the needs of the health industry with technology and data-driven solutions,” said Rob Gelb, Chief Revenue Officer at Valenz. “He has an in-depth understanding of our clients’ needs and how to address them with our innovative and uniquely comprehensive platform. We are thrilled to have him on the Valenz team.”
Glen is well-positioned to support the Valenz growth strategy – and that growth, he says, is a key component to smarter, better, faster healthcare. “We ensure the integrity of data for clients who rely on our coding, compliance and credentialing solutions, as well as for the Valenz ecosystem,” Glen explained. “Ultimately, our solutions positively affect our clients’ capacity to reduce costs while improving care quality and outcomes.”
For more information about the complete health administrative ecosystem or any of its core components available through Valenz, call 877-762-4455.
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. Serving self-insured employers, third-party claim administrators, brokers and benefit consultants, trust and labor organizations, stop-loss carriers, integrated healthcare delivery networks, and health/dental plan payers, 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. For more information about Valenz, visit www.valenzhealth.com or call (866) 762-4455.
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 currently under management and 28 professionals, investing in the United States, Canada, and Western Europe. GPP is currently making new private equity investments from GPP III. Great Point manages capital in private (GPP I, $156 million and GPP II, $215 million of committed capital, and GPP III which has $306 million in committed capital) and public (BioMedical Value Fund family, approximately $1.1 billion) equity funds. Great Point Partners has provided growth equity, growth recapitalization, and management buyout financing to more than 100 growing health care companies. The private equity funds invest across all sectors of the health care industry with particular emphasis on biopharmaceutical services and supplies, outsourcing and alternate site care, pharmaceutical infrastructure and information technology enabled businesses. The firm pursues a proactive and proprietary approach to sourcing investments and tuck-in acquisitions for its portfolio companies. Reach Great Point at (203) 971-3300 or www.gppfunds.com.