Valence Health provides clinical integration, population health and value-based care solutions to hospitals, health systems and physicians. The company offers integrated advisory services, analytical solutions and outsourced services and helps clients design, build and manage value-based care models including clinically integrated networks, bundled payments, risk-based contracts, accountable care organizations and provider-sponsored health plans. Leveraging nearly 20 years of experience (founded in 1996), Valence serves 39,000 physicians and 130 hospitals and supports the care of 20 million patients with roughly 600 employees. The company reported first-half 2014 revenues up about 51% year-over-year, has added more than 150 employees this year, and is moving to a new national headquarters in Chicago. Management has reinvested over $100 million into the business over two decades and says the new capital will accelerate its growth. Planned uses for the funds include additional software development, sales and marketing, and client management resources to reach more providers pursuing value-based care. Valence Health offers an integrated suite of tech-enabled, patient-centered solutions combining data aggregation, sophisticated analytics, and web-based reporting to support collaborative care and quality measurement. The company also provides full health plan services—medical, financial, analytic, and call-center capabilities—either as a complete outsourced solution or for specific functions. Valence has an extensive history of managing risk and positions provider organizations for payment reforms such as bundled payments, medical home models, and ACOs. The company says it has been leading this space for 15 years and currently works with major health organizations including Cleveland Clinic, Texas Children’s Hospital, OhioHealth Group, and others. Valence plans to use new funding to add seasoned healthcare talent, invest in strategic sales and marketing, and expand its integrated solutions to improve care and lower costs. The company is based in Chicago and highlights its role in helping providers meet emerging regulatory and financial incentives for accountable care.

Total raised

$45M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2014