|By PR Newswire||
|November 27, 2012 02:01 PM EST||
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
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
Dec. 25, 2014 12:30 PM EST Reads: 1,769
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 25, 2014 11:00 AM EST Reads: 1,698
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
Dec. 25, 2014 11:00 AM EST Reads: 1,944
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
Dec. 25, 2014 11:00 AM EST Reads: 2,174
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Dec. 25, 2014 11:00 AM EST Reads: 1,835
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
Dec. 25, 2014 11:00 AM EST Reads: 2,007
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Dec. 25, 2014 10:45 AM EST Reads: 1,621
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
Dec. 25, 2014 10:15 AM EST Reads: 2,181
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
Dec. 25, 2014 09:45 AM EST Reads: 1,534
SYS-CON Media announced today that Skytap blog on "DevOps Journal" exceeded 84,000 story reads. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Noel Wurst is the managing content editor at Skytap. Skytap provides SaaS-based dev/test environments to the enterprise. Skytap solution removes the inefficiencies and constraints that comp...
Dec. 25, 2014 09:00 AM EST Reads: 1,352
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Dec. 25, 2014 09:00 AM EST Reads: 7,087
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
Dec. 25, 2014 09:00 AM EST Reads: 2,551
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
Dec. 25, 2014 08:15 AM EST Reads: 1,681
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
Dec. 25, 2014 07:00 AM EST Reads: 1,738
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
Dec. 25, 2014 07:00 AM EST Reads: 2,288