Advera Health Analytics Signs Agreement with Vizient

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Advera’s data, analytics, and insight platform to be offered to Vizient’s members

Advera Health Analytics, Inc., a leading healthcare analytics company today announced the execution of a three-year Information Technology Software Distribution Agreement with Vizient, Inc. Vizient is the largest member-owned health care company in the country representing over $100 billion in annual healthcare purchasing. Under the terms of the agreement, Vizient’s membership of academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks, and non-acute health care providers will gain preferential access and pricing to Advera’s unique drug data, analytics, and insights.

Advera’s Evidex platform provides comprehensive coverage on the safety and efficacy profiles of both clinical stage drugs and post-approval prescription medications. Evidex features a number of proprietary analytic tools including pooled analyses, predictive identification of risk factors, direct downstream medical cost calculations and drug safety scorecards. Vizient’s members will be able to utilize the Advera Evidex platform to help better identify patient safety risks, lower the cost of care, and improve visibility on the evolving nature of drug safety and efficacy through medication lifecycles.

Brian M. Overstreet, president & CEO of Advera Health Analytics said, “We’re very pleased to have crafted a deal with Vizient that enables their large and diverse membership to secure access to our Evidex platform on preferential terms. We’ve already gained client traction and many dedicated fans within Vizient’s coverage area and the agreement announced today will help to greatly accelerate that market penetration. We believe, and our current clients agree, that the data, analytics, and insight provided by Evidex are paramount to improving patient outcomes and reducing costs within their organizations. We look forward to sharing those tools with the entire Vizient membership.”

About Advera Health Analytics, Inc.
Advera Health Analytics is a healthcare informatics company that improves patient outcomes and reduces systemic healthcare costs through the comprehensive analysis of drug evidence. Utilizing proprietary data-mining and analytics Advera Health makes evidence accessible, actionable, and predictable. Advera Health provides solutions to enterprise markets including managed care organizations, health systems and hospitals, and the pharmaceutical industry. Please visit http://www.adverahealth.com for more information about the company.

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Brian Overstreet
@AdveraHealth
since: 03/2011
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