Phoenix Health Care Management Services

What Phoenix Health Care Management Services does

Phoenix Health Care Management Services, Inc. is a privately held, member-owned healthcare management services organization founded in 1992 and headquartered in Atlanta, Georgia. It is owned by 19 Healthcare Organization (HCO) stockholders and operates as a shared-services utility serving Vizient Southern States' member organizations. Its stated role is to create and deliver services and solutions that enhance economic and operational performance for healthcare providers through collaborative purchasing, pooled risk, and shared business ventures.

The company operates through a family of five subsidiaries: HSI Financial Services (financial services for healthcare organizations), Phoenix Committed Insurance Program/PCIP (pooled employee benefits, medical stop-loss, pharmacy benefit management, and property & casualty insurance), Phoenix Workforce Solutions (healthcare staffing/workforce solutions), Regional Contracts (collective purchasing and strategic vendor partnerships across hospital departments), and Activ8 Health (an LMS-based healthcare professional development and social networking platform). Its underlying technology footprint is not publicly disclosed beyond Activ8 Health's LMS/social platform and the use of partner-provided technologies (e.g., Faircode's DRG validation, Ni2 Health's charge capture algorithms, Perceptyx's people-insights platform). Pricing is not publicly disclosed; the model functions as membership-based shared services with pooled and transaction-fee economics. Since inception it has reported approximately $2.3 billion in cumulative member value, with PCIP accounting for roughly $465 million in member savings and Regional Contracts contributing more than $50 million in direct value over the last eight years.

Name

Phoenix Health Care Management Services

Legal name

Phoenix Health Care Management Services, Inc.

Website

https://phoenix-healthcare.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

51–100 employees

Short description

Phoenix Health Care Management Services is a member-owned shared-services utility founded in 1992 and headquartered in Atlanta, Georgia. It pools purchasing, insurance, workforce, and contracting services across five subsidiaries to deliver economic and operational improvements for Vizient Southern States' healthcare organization members in the Southeast US.

Ownership category

akta.pro rank

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Shared Services and Solutions: Phoenix delivers innovative services and solutions that enhance economic and operational performance to healthcare providers through a shared-ownership model. Revenue is generated through membership fees and service delivery to Vizient Southern States members.
2. Insurance Program Services: Phoenix Committed Insurance Program (PCIP), a subsidiary, provides employee benefits, medical stop-loss, pharmacy benefit management, property & casualty, and RFP services to healthcare entities. Generated through pooled insurance solutions.
3. Regional Contract Services: Phoenix Regional Contracts delivers strategic partner alliances providing products and services for hospital departments including telecommunications, equipment, facilities management, financial services, HR, IT, lab, legal, and pharmacy.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Phoenix Health Care Management Services operates as a member-owned shared-services utility delivering financial, insurance, workforce, and contract-procurement solutions to healthcare providers. Through its family of companies (HSI Financial Services, Phoenix Committed Insurance Program, Phoenix Workforce Solutions, Regional Contracts, and Activ8 Health), Phoenix provides employee benefits, medical stop-loss, pharmacy benefit management, healthcare staffing, aggregated purchasing for hospital departments, and a healthcare education LMS platform.

Product overview

Phoenix Health Care Management Services, Inc. operates as a shared-services utility growth company serving Vizient Southern States' members through a portfolio of subsidiary brands. The core portfolio consists of HSI Financial Services (financial solutions), Phoenix Committed Insurance Program/PCIP (employee benefits, medical stop-loss, pharmacy benefit management, property & casualty), Phoenix Workforce Solutions (workforce/staffing solutions), Regional Contracts (strategic partnerships and aggregated purchasing for hospital departments), and Activ8 Health (LMS and social networking for healthcare education). The company has delivered $2.3 billion in member value since 1992, with PCIP delivering $465 million in total savings and Regional Contracts delivering $50+ million in direct member value over eight years.

Differentiator

Problem solved

Functional benefit

Brands

• HSI Financial Services: Financial services subsidiary providing services to healthcare organizations
• Phoenix Committed Insurance Program
• Phoenix Workforce Solutions
• Regional Contracts
• Activ8 Health

Products and services

• HSI Financial Services Financial services subsidiary providing cost management, revenue cycle, and financial solutions to healthcare organizations.
• Phoenix Committed Insurance Program (PCIP) Insurance program offering employee benefits (life, disability, vision, dental), medical stop-loss, pharmacy benefit management, property & casualty coverage, and RFP services to healthcare organizations.
• Phoenix Workforce Solutions Workforce solutions subsidiary providing healthcare staffing and resource-pool services to address nursing shortages and staffing needs for healthcare organizations.
• Regional Contracts Subsidiary delivering strategic partner alliances that aggregate purchasing power for hospital departments across telecommunications, equipment, facilities management, financial services, HR, IT, lab, legal, and pharmacy, including RFP services.
• Activ8 Health Healthcare education and social networking platform leveraging Learning Management System (LMS) technology and the 'Learn, Do, Inspire' methodology to deliver healthcare-specific professional development for individual, organizational, and cross-organization success.

Quantifiable outcome

• $2.3 billion in member value delivered since inception
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered core and minor.

• Phoenix Committed Insurance Program (PCIP)coreStrategic or Co-development Partner · 1 January 2005Subsidiary created in 2005 by health care providers to deliver benefits solely for health care entities. Core mission is to provide innovative solutions that create immediate financial savings, budgeting predictability, and ongoing rate stability.
• Vizient Southern StatescoreStrategic or Co-development Partner · 1 January 1992Phoenix Health Care was created in 1992 by VHA Georgia (now Vizient Southern States) members to serve as a greenhouse for innovative ideas. Phoenix operates today as a shared-services utility growth company and continues to be the testing ground for innovation and technology for member ideas. Phoenix is owned by 19 Health Care Organizations and serves Vizient Southern States members.
• Privia HealthminorStrategic or Co-development PartnerPartnership for physician alignment, value-based acceleration, medical group enablement, and medical group privatization services.
• UL (Underwriters Laboratories)minorStrategic or Co-development PartnerHuman-centered leadership in healthcare training and development services.
• LF (Leadership & Performance Improvement)minorImplementation/ SI/ Consulting PartnerLeadership and performance improvement consultancy providing advisory services to healthcare organizations.
• GS&A (Executive Search)minorOthersExecutive search firm providing recruitment services for healthcare leadership positions.
• HSI Financial ServicescoreStrategic or Co-development PartnerFamily of companies providing financial services. Incorporated in 1983 as a wholly-owned subsidiary of Health Southeast, Inc.
• Phoenix Workforce SolutionscoreStrategic or Co-development PartnerFamily of companies providing workforce solutions (formerly Georgia Medical Resource Pool). Created in 1986 to address nursing shortage and expanded to include additional offices.
• Regional ContractscoreStrategic or Co-development PartnerFamily of companies providing regional contract services targeting innovative products and services that drive savings and improve efficiencies throughout healthcare systems.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Symplr: Healthcare operations SaaS platform covering workforce, provider data, and contract management. Comparable to Phoenix's combination of workforce, contracts, and member-management services but delivered as technology.
• MedImpact Healthcare Systems: Independent pharmacy benefit manager serving health plans, employers, and providers. Comparable to PCIP's pharmacy benefit management services, though operating at broader market scale.
• Aya Healthcare: Healthcare staffing and workforce solutions company specializing in nursing and allied travel. Comparable to Phoenix Workforce Solutions but operating nationally with digital-first platform.

Direct peers

• AMN Healthcare: Largest U.S. healthcare staffing company providing nurse, allied, and physician staffing. Directly comparable to Phoenix Workforce Solutions' healthcare workforce offering, though at national scale.
• Cross Country Healthcare: Healthcare staffing and workforce solutions provider serving hospitals and health systems. Comparable to Phoenix Workforce Solutions across nursing, allied, and locum tenens staffing categories.

Broad incumbents

• HealthTrust Performance Group: GPO owned by HCA Healthcare serving hospitals, ambulatory surgery centers, and health systems. Comparable to Phoenix's Regional Contracts and shared-purchasing utility but with national reach and direct hospital-system ownership.
• Vizient: National healthcare performance improvement company and parent of Vizient Southern States. Operates the largest member-owned healthcare GPO in the U.S., directly comparable to Phoenix's cooperative model but at vastly greater scale.
• Sun Life Financial: Major stop-loss insurance carrier serving employer-sponsored health plans. Comparable to PCIP's medical stop-loss pool offering, though operating nationally and at far greater scale.
• Marsh McLennan: Global insurance brokerage and risk management firm serving healthcare clients with employee benefits and stop-loss consulting. Comparable to PCIP's employee benefits and stop-loss pooling model, though delivered through brokerage rather than captive utility structure.
• Premier Inc. National healthcare improvement company and GPO serving approximately 4,400 U.S. hospitals and 250,000+ providers. Direct comparable to Phoenix's group purchasing and supply-chain aggregation model, though at national scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/phoenix-health-care-management-services-inc-/?trk=hb_tab_compy_id_2774127
• Xx.com/PhoenixHCMgmnt
• Facebookfacebook.com/365895256827405

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Phoenix Health Care Management Services