Phoenix, Arizona-based Vālenz Health announced on September 18 that it acquired KISx Card, LLC, a Managed Care organization.
KISx Card focuses on high-cost/low-incidence surgeries within orthopedics, general surgery, colonoscopies and major imaging. Its direct provider “non-network” is built on a bundled price model with a quick payment turnaround time to the facility, surgeon and anesthesiologist. It is based in Mechanicsburg, Pennsylvania.
Vālenz Health simplifies self-insurance by offering an end-to-end healthcare ecosystem optimization platform that manages the cost and quality of care for employers and their members. Valenz engages to optimize healthcare for the provider, payer, plan and member, delivering improved cost, quality and outcomes for all.
This transaction is part of Vālenz’s Care Value Optimizer foundation, which is used to identify the best available care options based on members’ income, location, benefits and healthcare needs. The financial terms of the acquisition were not disclosed.
According to data captured in the LevinPro HC database, this transaction is the 20th Managed Care acquisition of the year. By comparison, between January 1, 2022, and September 18, 2022, 35 Managed Care transactions were reported.
