Vālenz® Health CEO Will Lead Live Conversation on Data Transparency for the Self-Insured Industry

PHOENIX, Ariz. (June 30, 2023) — Rob Gelb, Chief Executive Officer of Vālenz® Health, will lead an online discussion on July 12 that addresses the impact of heightened data transparency in healthcare, including how the self-insured industry should access, share and leverage data-driven insights for better decisions and greater value.

The live conversation wraps up the monthlong Valenz “SME Series” LinkedIn content series, which featured subject matter experts from the leadership teams of Valenz and Certus Management Group, a Valenz affinity company. In taking a closer look at transparency for the self-insured industry, weekly discussions touched on the validation, integrity and accuracy of payments for providers; better care management and delivery for members; driving alignment, savings and efficiency throughout the claims process; and improving risk mitigation and medical underwriting services.

“We expect to cap our SME Series with a very lively, relevant conversation that explores transparency’s foundational role in helping our customers make better decisions about their own care,” said Gelb, who will be joined by Eric Hanna, Vice President, Claim and Access Solutions. “Transparency into data provides the answers our customers need about pricing, out-of-pocket expenses, plan design, provider insights and much more. Ultimately, it empowers them to become informed healthcare consumers, driving more positive experiences and improved outcomes.”

The live SME Series event will be held at 11:30 a.m. ET Wednesday, July 12, and may be joined here: bit.ly/ValenzSME-Live. This session will include a Q&A opportunity with the audience.

Catch up on the SME Series:

  1. Maurice Steenland and Aaron Prose Discuss the Value of Data Transparency to Valenz Customers
  2. Amy Gasbarro and Marquis Williams on the Importance of Transparency in Member Advocacy
  3. John Paolacci, Randy Dorshorst, Eric Hanna and Dayna Zabrzenski-Hunter: Transparent Data Across the Claim Cost Arc℠
  4. Steve Butz and Beth Madden Examine How Transparency Optimizes Efficiency of Medical Underwriting and Risk Mitigation 

About Vālenz® Health

Vālenz® Health 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. Offering a strong foundation with deep roots in clinical and member advocacy, alongside decades of expertise in the validation, integrity and accuracy of claims, and a suite of risk affinity solutions, Valenz optimizes healthcare for the provider, payer, plan and member. By leveraging data transparency and delivering an omnichannel approach across the healthcare journey, Valenz improves cost, quality and outcomes for employers and their members – engaging early and often for smarter, better, faster healthcare. More information is available at valenzhealth.com.

Vālenz® Health Announces Next Phase of Growth With New Capital Partner, Kelso & Company

PHOENIX, Ariz. (June 21, 2023) — Vālenz® Health (“Valenz”) announced today a new equity investment from Kelso & Company (“Kelso”), a leading middle market private equity firm with a shared vision for accelerating positive change in the delivery of healthcare for the self-insured industry. Terms of the investment were not disclosed.

Valenz has a strong financial foundation secured by its initial investor Great Point Partners and further supported by its new partnership with Kelso. Valenz is exceptionally well positioned to continue its legacy as a disruptor in the healthcare ecosystem, bringing greater value to TPAs, providers, carriers, brokers, self-insured employers, and their members.

“We are excited to align with a capital partner who believes as intensely as we do in challenging the status quo of healthcare,” said Rob Gelb, Chief Executive Officer of Valenz. “Kelso instantly recognized the power of the Valenz Healthcare Ecosystem Optimization Platform and shares our commitment to ensuring deep data transparency across our transformative models of cost control, access, and member advocacy.”

The partnership with Kelso ensures a healthy future for Valenz, its 300+ employees and its growing customer base. “At Kelso, we are inspired by how Valenz solves challenges in the self-insured industry that others cannot. Their integrated ecosystem strategy, coupled with an expanding pipeline of point solutions, offers so many levers to accelerate growth and value for customers,” said Hank Mannix, Investment Partner. “We are thrilled to partner with a leadership team that dares to be great and approaches customer partnerships with a fundamental belief that smarter, better, faster healthcare is possible.”

With increased financial flexibility and partnership from Kelso, Valenz will further invest in organic and acquisitive growth, as well as its culture of innovation. “Expect key investments in our data warehouse, member-facing tools that simplify the complexities of healthcare, and new solutions to change the trajectory of rising health costs while creating delightful member experiences and ensuring strong, vigorous and healthy lives for everyone in our ecosystem,” Gelb said.

TripleTree, LLC acted as exclusive financial advisor to Valenz. Harris Williams acted as exclusive financial advisor to Kelso.

About Vālenz® Health

Vālenz® Health 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. Offering a strong foundation with deep roots in clinical and member advocacy, alongside decades of expertise in the validation, integrity and accuracy of claims, and a suite of risk affinity solutions, Valenz optimizes healthcare for the provider, payer, plan and member. By leveraging data transparency and delivering an omnichannel approach across the healthcare journey, Valenz improves cost, quality and outcomes for employers and their members – engaging early and often for smarter, better, faster healthcare. More information is available at valenzhealth.com.

About Kelso & Company

Kelso & Company is one of the oldest and most established firms specializing in private equity investing. Since 1980, Kelso has invested approximately $19 billion of equity capital in 140 transactions. Kelso was founded by the inventor of the Employee Stock Ownership Plan (ESOP), and as a result, the principles of partnership and alignment of interest serve as the foundation of the firm’s investment philosophy. Kelso benefits from a successful investment track record, deep sector expertise, a long-tenured investing team, and a reputation as a preferred partner to management teams and corporates. Kelso has significant experience investing in healthcare and financial services. For more information, please visit kelso.com.

Vālenz® Health is Series Sponsor of True Captive Benefits Event in Detroit

PHOENIX, Ariz. (June 9, 2023) — Vālenz® Health (Valenz) will join the True Captive team in Detroit next week as series sponsor of “The Future of Business & Benefits is Now,” a networking and educational event that addresses actions needed to drive a more effective health plan and benefits structure for businesses.

Valenz CEO Rob Gelb, who will be among the event speakers, said: “We’re looking forward to sponsoring and participating in this key event as we discuss taking more proactive steps to ensure success for the future of benefits and our business. While the employees of every business need improved access to clinical programs and more cost-effective healthcare, companies need to know how to structure their plan for better benefits and lower expenses across the board.”

Kevin O’Donnell, Senior Vice President, Product & Marketing for Valenz, also will attend the event, held from 11 a.m. to 3 p.m. June 12 at Comerica Park in Detroit, MI. The event features the option of lunch, happy hour, and the Detroit Tigers’ baseball game against the Atlanta Braves. All proceeds from event ticket sales are donated to Heroes Circle, a healing and wellness initiative that offers evidence-based martial arts therapy to children in partnership with Kids Kicking Cancer, with a matching donation from True Captive. Attendees are encouraged to connect with Valenz about its suite of data-driven solutions that flatten the trajectory of health plan costs, empowering the self-insurance industry to thrive.

About Vālenz® Health

Vālenz® Health 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. Offering a strong foundation with deep roots in clinical and member advocacy, alongside decades of expertise in the validation, integrity and accuracy of claims, and a suite of risk affinity solutions, Valenz optimizes healthcare for the provider, payer, plan and member. By leveraging data transparency and delivering an omnichannel approach across the healthcare journey, Valenz improves cost, quality and outcomes for employers and their members – engaging early and often for smarter, better, faster healthcare. More information is available at valenzhealth.com.