Xevant, a Lehi, Utah-based chief and creator of automated knowledge analytics for organizations managing pharmacy advantages, accomplished a brand new funding spherical with HCAP Companions.
The quantity of the deal was not disclosed.
The corporate intends to make use of the funds to increase its enterprise attain.
Led by Brandon Newman, CEO, Xevant offers a impartial pharmacy analytics platform that gives pharmacy profit managers, payers, hospitals, and consultants custom-made options, leading to decrease drug prices and optimized efficiency and efficiencies. It infuses real-time automation and alerts all through the info evaluation course of accelerating and simplifying the duty of report constructing for PBMs, TPAs, Well being Plans, Brokers, and Consultants. With Xevant, essential pharmacy evaluation can now be executed immediately. The outcomes are optimized enterprise processes, diminished working prices, and improved affected person outcomes.
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