History and Milestones
An ally for payors. A guide for providers. A navigator for patients.
No matter who we serve, there’s a common theme that defines ValueHealth. It’s not just because we understand each stakeholder individually—it’s because we understand how they work together. Which is why we’ve built a technology enabled digital health platform that transforms the surgical healthcare network into a high value network of Ambulatory Centers of Excellence (ACE)TM.
As HL7 Version 2 begins to take the lead as the new software standard the company begins to invest in technology to position itself to be the industry leader in lower the cost of surgical care for payors, employers and patients.
The company announces that it will begin to invest in technology to accelerate clinical integration so it can guide providers into value based surgical care. It launches the country’s first Ambulatory Center of Excellence.
ValueHealth launches the country’s first hyper-specialty ASC to prove efficacy of total joint replacement in an ASC which results in the largest TJRP ambulatory data set in the world. This effort is consolidated and branded under one company called Muve Health.
ValueHealth announces the acquisition of Benefits Management, LLC, an adjudication platform to do large scale value based claims administration including prospective bundled payments.
ValueHealth launches HealthCareRe, a risk management platform company, for the purpose of helping providers manage risk as they transition to value based surgical care. HealthCareRe establishes a captive reinsurance subsidiary.
Muve Health opens a nationally recognized hip and knee replacement center in Austin, Texas specializing in total joint replacement (TJR) in a hyper-specialized setting under a bundled payment arrangement.
ValueHealth announces contracts with major payors to launch multiple Ambulatory Centers of Excellence (ACE) Networks focusing on steerage to lower cost sites of service agreeing to do TJR under a prospective bundled payment arrangement. This results in the company declaring the company to be “an ally for payors, a guide for providers and a navigator for patients”.
The company acquires Blue Chip Surgery Partners which owns eleven ASC’s across the country.
The company announces the opening of regional offices in Philadelphia.
BridgedCare, a wholly owned subsidiary of ValueHealth, announces Surgery Savings, a technology assisted patient steerage program and adds the tag line “Better Care. More Savings.”
ValueHealth announces a strategic partnership with Medical Facilities Corporation. The strategic partnership acquires Meridian Surgical which owns 9 ASC’s across the country.
The company continues to expand its technology and network of ASC’s and SH’s in partnership with Rothman Orthopaedics, Mainline Health System and Thomas Jefferson Health System by adding multiple sites in Pennsylvania and New Jersey.
HealthCareRe, a wholly owned subsidiary or ValueHealth, announces the countries first reinsurance product for episodic surgical bundles with a warranty.
Muve Health, a subsidiary of ValueHealth, announces that it has performed the country’s first TJR under a prospective bundle with an avoidable complications warranty.
The company announces that four of its ASC’s in four different states are the first in the country to achieve AAAHC Advanced Orthopaedic Certification.
The company announces the launch of its Payor, Employer and Broker (PEB) Platform.
NueHealth announces Growth Capital Financing with BC Capital and ARES.
ValueHealth and Rothman Orthopaedics announce that together they are the largest Muscular/Skeletal (MSK) ambulatory surgical network in the country.
The company and Rothman Orthopaedics announce the formation of a Joint Venture for the purpose of combining NueHealth’s best-in-class ASC Operating Platform, Muve Health’s Hyper-Specialty Platform and Rothman’s nationally recognized Orthopaedic Group practice management platform along with each companies respective technologies to replicate the Philadelphia MSK network in other parts of the country.
The company announces that it has developed bundles for spine to be launched Q2 of 2020, for bariatrics to be launched Q3 of 2020 and cardiology to be launched Q4 of 2020.
Eight NueHealth facilities earn the ValueHealth Ambulatory Center of Excellence (ACE) Designation with several achieving the Advanced Total Joint Certification.
ValueHealth announces a joint venture between its wholly owned subsidiary BridgedCare and Quil which is owned by Independence Blue Cross and Comcast NBCUniversal. The joint venture will bring a personalize digital health platform directly to the patient beginning with total joint replacement surgery.
ValueHealth announces the signing of definitive agreements with Marsh/Mercer the largest employer benefits manager in the country to bring value based surgical ACE Networks and other employee benefits promising to significantly reduce employers medical loss ratios.
ValueHealth announces a Letter of Intent between its subsidiary BridgedCare and Inxite Health to expand both companies technology to be a provider to consumer interface beginning with personal health records. The company declares that as a result of its joint ventures with Quil and Inxite Health it will achieve significant direct to consumer steerage by the end of 2020 and will create the new front door to healthcare beginning with surgical care.