DRAPER, Utah, June 29, 2021 /PRNewswire/ — Xevant, leader in automated pharmacy benefits data analysis, today announced the launch of RebateLogic, a groundbreaking solution that fully automates the management and optimization of drug rebates, while providing a new level of access to rebate price transparency
Pharmacy benefits is a complex environment and using the traditional, decades-old playbook to manage pharmacy benefits performance is daunting. There are 100,000+ drugs and drug formulations, 70,000+ pharmacies, 1M+ providers, and 100M+ patients all with perceived competing priorities. No big deal, right? In reality, with technological advances we can toss the old playbook of running and analyzing reports in favor of the new rules for boosting pharmacy benefits optimization by leveraging: 1) Big Data, 2) Analytics Automation, and 3) Alert-based Action.
DRAPER, Utah, June 24, 2021 /PRNewswire/ — Xevant, leader in automated pharmacy benefits data analysis, wins Gold Globee® award as Start-Up of the Year in the 16th Annual 2021 IT World Awards®. The distinguished Globee® Awards recognize information technology and cybersecurity vendors with advanced, ground-breaking products, solutions, and services that are helping raise the bar for others in all areas of technology and cybersecurity.
Brandon has a dynamic, 25-year leadership career spearheading several businesses with emphasis on growth, revenue, and sales performance. He has run many high-growth environments, including start-ups, turnarounds, and $1B+ dollar businesses. As a serial entrepreneur, he has a proven record of founding new businesses and advancing them through growth and acquisition, merger, or roll-up including ScripPoint, Veridian, and AviaraMD. He is the driving force for vision, new market strategy, revenue growth, technology development, and partner alliances.
Sramana Mitra: Let’s start by introducing our audience to yourself and Xevant.
Brandon Newman: I’m the CEO and Co-Founder of Xevant. I have personally been a part of the pharmacy benefits and the broader healthcare technology industry for nearly 30 years in solving some of the ongoing needs that are facing healthcare such as increasing costs, changes in therapy, and changes in how employers and other players across the US manage costs in healthcare.
The journey is more important than the destination: having sold a few businesses at the completion of a long hard-fought battle to succeed, I’ve found that the journey getting to the end result has always been infinitely more valuable to me than the final result. The people you meet, the experiences you have, and the lessons learned over a sustained period of time are building blocks for future opportunities and exponential growth that are tremendously more valuable than any financial exit from a business will be.
DRAPER, Utah (PRWEB) March 02, 2021 Xevant, a leading provider of pharmacy analytics and automation solutions, and NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement and individual solutions, today announced the extension of their strategic multi-year partnership. The companies are collaborating to accelerate the use of pharmacy analytics and automation to drive down the cost of pharmacy benefits for NFP clients. Xevant and NFP will continue to advance innovative, big data solutions that represent meaningful value in overcoming dynamic challenges in pharmacy benefits.
Prescription drugs in the United States on average cost around 2.5 times more than those same drugs do in other Western countries, according to a new report from the nonprofit, nonpartisan research organization, RAND Corporation.