Aldera Announces Two Additional State-Based CO-OPs to Use its Payer Platform Via Partnership With Valence Health

LISLE, Ill.--()--Aldera, a leading provider of cloud-based and on-premise core administration and private portal solutions for healthcare payers and administrators, today announced that two additional Consumer Operated and Oriented Plans (CO-OPs) will use its Payer Platform provided through Chicago-based Valence Health. Aldera’s Payer Platform now services seven of the 23 CO-OPs across the country, representing 30 percent of the total state-based CO-OP market.

“With the first anniversary of the start of ACA enrollment in October, we are happy to provide our Payer Platform and expertise to two additional state-based CO-OPs”

“With the first anniversary of the start of ACA enrollment in October, we are happy to provide our Payer Platform and expertise to two additional state-based CO-OPs,” said Aldera President and CEO Darin LeGrange. “Aldera’s robust core system and private portals and deep understanding of complex ACA requirements along with the operational expertise of Valence Health combine for an unparalleled solution for health plans across the country.”

“Through our strategic partnership with Aldera, we were able to offer these two CO-OPs cost-efficient technologies and services to effectively administer health insurance benefits,” said Todd Stockard, president of Valence Health. “During this process, Aldera has again demonstrated its flexibility and speed of implementation, as these clients will be ready for January 1, 2015 operations.”

About Aldera

Aldera (formerly Healthation) outfits healthcare payers and administrators with a flexible, rules-based, and functionally-rich platform that enables them to meet industry challenges, improve business performance and future-proof their organizations. Aldera brings efficacy to core administration across all lines of business in commercial and government markets. Aldera is committed to devising solutions that meet a customer’s current and future business challenges and enable them to grow amidst increased competition and shifting risk. Aldera’s offerings are available via SaaS subscription model in either a cloud-based or client- hosted environment. For more information, please visit Aldera.com, LinkedIn @ linkedin.com/company/aldera_inc, Twitter @ twitter.com/aldera_inc, or call 800-507-3895.

About Valence Health

Valence Health is a leading provider of value-based care solutions, helping hospitals, health systems and physicians better manage their patient populations and accept financial responsibility for the quality of the care they provide. With unique data collection and analytics solutions, Valence Health serves dozens of clients from physician groups to standalone hospitals to large IDNs. From clinically integrated networks to risk-based contracting to accountable care organizations (ACOs) to administering provider-sponsored health plans, Valence Health has been helping providers since 1996. Headquartered in Chicago, Valence Health serves 39,000 physicians and 130 hospitals, helping them manage the health of more than 19.5 million patients nationwide. Follow Valence Health on LinkedIn and Twitter.

Contacts

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Mark Meadows
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