RADNOR, PA (June 7, 2024) — As the healthcare industry becomes more complicated, self-insured employers are seeing greater challenges in managing multiple point solution vendors. The use of multiple vendors stands in the way of consolidating data, quickly pinpointing the right solutions to minimize healthcare spend, and fully engaging members in care and services that drive improved health outcomes.

According to Rob Gelb, Chief Executive Officer of Vālenz® Health, “With a vision to simplify healthcare, Valenz consolidated its suite of solutions on a single platform to support the self-insured community more effectively and efficiently.”

At its recent annual client appreciation celebration, the Valenz team gathered with valued customers and partners to solve the industry’s most challenging issues, including point solution fatigue. The consensus: It is a far more convenient, cost-effective and timely option to collaborate with one partner, leveraging one integrated platform of solutions and one powerful source of data.

The opportunity to engage members early with intuitive navigation to providers, a digital front door, and a suite of care management services with bundled care options improves engagement by 25 percent, producing an average savings of up to 50 percent. Adding access to payment integrity solutions with full bill review options for in-network and out-of-network claims further drives cost savings on billed charges. In addition, integrating these services with stop loss underwriting that is aligned with cost-containment solutions and plan design can yield premium savings of 50 percent.

By curating, tailoring and streamlining its solutions for each health plan on one integrated platform, Valenz eliminates the common problem of point solution fatigue. Consequently, employers benefit from greater savings, higher efficiency and elevated member experiences – all from a single team of experts dedicated to their specific needs.

“We found it so inspiring to engage in pivotal conversations about shifting the environment of healthcare and driving behavioral changes that bend the cost curve while improving quality and outcomes of care,” Gelb said. “As we all agree that the healthcare environment is on an unsustainable upward trajectory, we look forward to collaborating further to do what’s right for the industry – optimizing the cost, quality and utilization of care for everyone.”

Engaging early and often, Valenz leverages its transparent, value-based model and provides intuitive navigation across the entire member health journey. By ensuring the highest possible quality of care and optimal outcomes at appropriate costs, the result is strong, vigorous and healthy lives.

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.