Vālenz® Health CEO Will Join High-Profile Panel at SIIA Corporate Growth Forum

PHOENIX, Ariz. (May 5, 2023) — The SIIA Corporate Growth Forum, a key educational and networking event for companies in the self-insurance and captive insurance marketplace, will feature a panel of high-profile industry leaders including Robert Gelb, Chief Executive Officer of Vālenz® Health.

Participants in the session, “Real World Financial Transaction Stories from SIIA Members,” will share pathways to success as well as lessons learned from their own corporate transactions. Panel members joining Gelb include moderator Amanda Eisel, CEO of Zelis; and Bill Ashley, Executive Vice President of Allied National; Jeff Bakke, CEO of Health EZ; and Ben Frisch, CEO of Point C.

“The SIIA Corporate Growth Forum is a must-attend event for any industry executive looking to take their business to the next level,” Gelb said. “We expect a lively session with valuable insights into what went right, what went wrong – what we like to call ‘spilled milk’ – and what we wish we’d known prior to our transactions. We’re also looking forward to many great discussions throughout the Forum about the latest trends and strategies in corporate growth.”

Scheduled for May 15-17 at the Westin Poinsett in Greenville, S.C., the SIIA Corporate Growth Forum is designed to provide a deeper understanding of growth strategies through corporate financial transactions, while also facilitating direct engagement with select equity groups. The event program emphasizes industry topics specific to entrepreneurs and strategic planning executives who are interested in exploring private equity options and developing relationships to further their business objectives.

Also representing Valenz, a SIIA Diamond Member, will be Nathan Nelson, Chief Revenue Officer. Attendees are encouraged to connect with Valenz about the industry’s only Healthcare Ecosystem Optimization Platform, offering a suite of integrated and data-driven solutions that flatten the trajectory of health plan costs while helping the self-insurance industry 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.

Vālenz® Health Attains New Security Certification, Ensuring Highest Protection of Customer Data

PHOENIX, Ariz. (April 21, 2023) — In its commitment to protecting highly sensitive information for customers and partners, Vālenz® Health has attained SOC 2 Type 2 audit certification, which significantly minimizes risk of data breaches and other costly vulnerabilities.

SOC 2 Type 2 reports are the most comprehensive certification within the SOC protocol. To obtain certification, Valenz underwent a rigorous, long-term audit from an independent third-party auditor licensed by the American Institute of Certified Public Accountants. The audit examines the design of internal controls and the operating effectiveness of data security systems to verify adherence to these high standards.

“In our increasingly data-driven world, cybersecurity is among the top concerns for every company. It is essential that we provide the highest level of data protection for our customers, and they deserve transparency into how we achieve that for true peace of mind,” said Rob Gelb, Chief Executive Officer of Valenz. “Our attainment of SOC 2 Type 2 certification aligns with the Valenz culture of trust and demonstrates our ability to keep customer data private, safe and secure.”

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.

Certus Management Group White Paper Champions Transparency as Foundational to Fiduciary Responsibility for Self-Insured Health Plans

PHOENIX, Ariz. (April 14, 2023) — Certus Management Group (CMG), a Vālenz® Health Affinity Company, details the role of enhanced transparency in helping self-insured health plans deliver member care with greater cost savings and improved health outcomes in its recently released white paper, “Transparency and Fiduciary Responsibility.”

The Transparency in Coverage rule and No Surprises Act, which took effect in 2022, aim to protect consumers from surprise medical bills by requiring providers and plans to make certain information publicly available so consumers realize total costs of care from the start of the healthcare journey.

While many members still struggle to understand costs before services are rendered, health plans are committed to making full transparency possible, according to Steve Butz, Senior Vice President of Business Development for CMG. In fact, the plan’s fiduciary responsibility is to act in the best financial interest of whom it serves. Because a self-funded plan must pay only reasonable plan expenses, transparency in healthcare illuminates the data and financial information plans need to effectively evaluate all claims received.

“Transparency is essential to everything a health plan does – expanding networks, selecting high-quality and low-cost providers, navigating members across the healthcare journey, and the appropriate payment of claims,” Butz said. “With as many as 80 percent of hospital bills containing errors, it is critical for the plan sponsor to mitigate these errors and understand how its fiduciary responsibility prohibits the reimbursement of claims resulting from errors or abusive charges. That’s how we arrive at the right decisions for lowering overall medical costs, improving health outcomes, and driving better member experiences.”

CMG, a managing general underwriter providing certainty of stop loss protection to self-funded employee benefit plans, was acquired by Valenz Health in 2022 and is part of the Valenz Healthcare Ecosystem Optimization Platform, a fully integrated suite of solutions that simplifies the complexities of self-insurance through data transparency and decision enablement throughout the life of a claim.

Read the full white paper here.

 

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.