Click here to close now.




















Welcome!

News Feed Item

Valence Health on Pace to Nearly Double Revenues in 2012

Company Expands Executive Team with Veteran Leaders

CHICAGO, Nov. 27, 2012 /PRNewswire/ -- Valence Health, a leading supplier of population management and reimbursement risk management services and technology for healthcare providers, today announced that it is on pace to nearly double revenue in 2012.  The 300-person firm projects to see revenues exceed $31 million in 2012, up 75% from 2011.  The growth results from significant expansion in all lines of the company's business, which include consulting, technology and ongoing outsourced services.

"The growth we are experiencing is the direct result of offering proven solutions in this new world of value-based reimbursement," said Valence Health CEO Phil Kamp.  "We've been helping provider organizations analyze, accept and manage financial responsibility for the care they provide for over 15 years.  Policy makers and the market increasingly understand that aligning financial risk and quality leads to better healthcare at a lower cost."

To help Valence manage and continue its aggressive growth path, the company recently added several key new executives. 

Eric Mollman is Valence Health's new Chief Financial Officer.  He joins the company with more than 25 years of senior financial leadership experience.  He has built and led several high performing financial teams, often in private equity environments, and has overseen numerous M&A transactions in a variety of technology and healthcare settings.  Immediately prior to joining Valence, Mr. Mollman was the Senior Vice President & Chief Financial Officer for Staywell Health Management, a private equity-backed provider of population health management solutions. At Staywell, Mr. Mollman oversaw all financial and legal aspects of the company and helped drive a major expansion of EBITDA margin for the growing company.  Before Staywell, Mr. Mollman also helped guide population health management company Focused Health Solutions through a significant technology and service expansion to its eventual sale as the company's Chief Financial Officer.  Mr. Mollman has also held senior financial positions with Pacific Datavision, Neoworld Communications, and Banc One.  Mr. Mollman holds an MBA from the University of Chicago, and a BA from Harvard College.

Kevin Weinstein joins the company as Chief Marketing Officer, with more than a decade of experience in senior marketing roles for public and private healthcare companies.  Previously, Mr. Weinstein served as the Vice President of Marketing for ZirMed, a premier revenue cycle management company serving more than 110,000 providers.  During his time at ZirMed, the company grew by more than 50% and expanded into the acute care market.  Prior to that, he ran marketing and sales operations for Allscripts' largest business unit as Vice President of Marketing and Sales Operations.  Earlier in his career, Mr. Weinstein worked with a variety of large and small companies as both a venture capital investor and management consultant.  Mr. Weinstein holds an MBA from the JL Kellogg School of Management at Northwestern University and a BA from Colgate University.

Healthcare data analytics and technology veteran Prasanna Dhungel now serves as Valence Health's Vice President of Product Development. Mr. Dhungel has consulted to some of the industry's highest profile growth companies, working independently and on behalf of several private equity and venture capital firms, including Psilos Group, Bessemer Venture Partners and Welsh, Carson, Anderson & Stowe. Earlier in his career, as Vice President of Technology Services, he created, grew and oversaw an international technology practice at D2Hawkyee, until that company was successfully sold to Verisk.  He holds an MBA from the JL Kellogg School of Management at Northwestern University, MEng from Princeton University, and BS with Honors from Cornell University.

About Valence Health:
Valence Health is among the nation's leading companies to help healthcare providers better manage their patient populations and accept financial responsibility for the quality of the care they provide. With unique data collection and analysis tools, Valence Health has emerged as a leader in population management, serving dozens of clients from small physician groups to the Cleveland Clinic. At the same time, in-depth actuarial analysis, combined with operational excellence allows Valence to not only advise but also provide ongoing services to provider organizations operating under various value-based reimbursement models. From risk-based contracting to accountable care organizations (ACOs) to administering provider-sponsored health plans, Valence has been helping providers appropriately accept and manage financial responsibility while improving clinical quality since 1996. With headquarters in Chicago, and four other office locations, Valence Health solutions help manage the health of over 13 million patients nationwide. For more information, visit www.valencehealth.com.

SOURCE Valence Health

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Any Ops team trying to support a company in today’s cloud-connected world knows that a new way of thinking is required – one just as dramatic than the shift from Ops to DevOps. The diversity of modern operations requires teams to focus their impact on breadth vs. depth. In his session at DevOps Summit, Adam Serediuk, Director of Operations at xMatters, Inc., will discuss the strategic requirements of evolving from Ops to DevOps, and why modern Operations has begun leveraging the “NoOps” approa...
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...