PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: LexisNexis (a division of Reed Elsevier Inc.)

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Health Market Science Rebranded as LexisNexis Risk Solutions for Pharmacy Market - Integration into LexisNexis Health Care Solutions Holds Promise for Unprecedented Data Intelligence Solutions for Retail Pharmacies and Pharmacy Benefit Managers - LexisNexis.com
Health Market Science Rebranded as LexisNexis Risk Solutions for Pharmacy Market

 

NewswireToday - /newswire/ - Atlanta, GA, United States, 2016/03/14 - Integration into LexisNexis Health Care Solutions Holds Promise for Unprecedented Data Intelligence Solutions for Retail Pharmacies and Pharmacy Benefit Managers - LexisNexis.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

LexisNexis® Risk Solutions, a leading provider of data, analytics and technology, today announced the rebranding of Health Market Science, its most recent acquisition, as LexisNexis Risk Solutions in the Pharmacy market. The rebranding initiative reflects the organization’s commitment to combine its industry-leading public records footprint and prescriber data, leveraging analytics and big data technology in the Pharmacy space.

“Over the last four years, we have charted and achieved a very specific course for growth within the health care data analytics market, and the Pharmacy space has been a top priority since day one,” said Jeff Klein, Senior Vice President and General Manager, LexisNexis Risk Solutions. “We are pleased to have partnered with all of the major retail pharmacy chains and the majority of the Pharmacy Benefit Managers (PBM) over the years and look forward to working with them and other industry leaders to forge the future of data analytics in the Pharmacy market.”

The company acquired Health Market Science in 2014, combining public records, claims and medical data with solutions tailored to pharmacies and PBMs, including VerifyRx™, a real-time and compliance validation solution specifically for pharmacies and PBMs and Provider Data Masterfile™, the industry-leading provider referential database of more than 8.5 million U.S. health care practitioners, including prescriber credentials.

“The Pharmacy market, like the rest of the health care industry, is transforming; and big data technology is at the heart of that transformation,” said Craig Ford, Vice President of Sales, Pharmacy, LexisNexis Risk Solutions. “LexisNexis Risk Solutions is ready to build on its heritage of quality provider data and lead the Pharmacy market through the maze of compliance requirements and into the brave new world of population health management and socio-economic data.”

In a market with an increasingly stringent and complex regulatory environment, pharmacies without the ability to perform real-time compliance checks put themselves at risk. By combining the industry-leading provider referential database with the company’s public records footprint, analytics and big data technology, LexisNexis Risk Solutions can offer a continuum of prescriber data assets, analytics and services that allow pharmacy customers to remain compliant.

“It’s a good time for our brand to reflect what LexisNexis Risk Solutions brings to the Pharmacy market in terms of member and patient data assets, visualization, analytics and services that allows Pharmacy and PBM customers to increase member engagement,” said Dan Schofield, Director, Vertical Market, Health Care, LexisNexis Risk Solutions.

Non-adherence to medication has been estimated to cost the health care industry $290 billion¹ per year, as patients seek hospitalization, expensive treatments or the emergency room for illnesses that could have been properly treated with medication. The combination of member and claims data, analytics and public records data with big data technology, enables pharmacists and PBMs to use socio-economic health attributes to predict and score the member’s motivation to take medication and take ownership over their own care.

About LexisNexis Risk Solutions
LexisNexis Risk Solutions (lexisnexis.com/risk/) is a leader in providing essential information that helps customers across industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced analytics, LexisNexis Risk Solutions provides products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk Solutions is part of RELX Group plc, a world-leading provider of information and analytics for professional and business customers across industries.

Our health care solutions combine proprietary analytics, science and technology with the industry’s leading sources of provider, member, claims and public records information to improve cost savings, health outcomes, data quality, compliance and exposure to fraud, waste and abuse.

1 New England Health Care Institute, Thinking Outside the Pillbox: A System-wide Approach to Improving Patient Medication Adherence for Chronic Disease, August 2009

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: LexisNexis (a division of Reed Elsevier Inc.)

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


Health Market Science Rebranded as LexisNexis Risk Solutions for Pharmacy Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

LexisNexis Risk Solutions | LexisNexis Health Care
Publisher Contact: Mary Alice Johnson - LexisNexis Risk Solutions 
202-394-7325 maryalice.johnson[.]LexisNexis.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any LexisNexis (a division of Reed Elsevier Inc.) securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From LexisNexis (a division of Reed Elsevier Inc.) / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations
Western Union Business Solutions Announce Mark Davis As Head of Australia and New Zealand
Tabarak Investment Capital and Elite Capital & Co. Limited in Discussion to Finance Projects
Consulting Magazine Unveils the Profession’s Fastest Growing Firms At Inaugural Gala
Hills Invest Signs An Agreement with The Afore Profuturo in Mexico
TRA Searches for TPA Acquisition Opportunities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)