Xevant Logo
Develops RxTech solutions using AI for real-time pharmacy benefit optimization and cost reduction.

About Xevant

We develop RxTech solutions that use AI to optimize pharmacy benefits and reduce costs. Our platform, VerX, analyzes pharmacy data in real time.

VerX continually assesses pharmacy spending, finds ways to save money, and guides plans, programs, and channels to the lowest possible costs before waste happens.

The platform has four modules:

  • PULSE: Analyzes plan performance using claims, pricing, rebate, and utilization data.
  • CORTEX: Uses AI to decide the best actions to take.
  • AXIS: Activates low-cost programs and pathways.
  • NUDGE: Helps members and other stakeholders make better utilization choices.

We offer services like Contract Management, Contract Variance, Disease Management, Identifying New Members, Plan Management, Product Mix, Rebate management, Trend Management, and Utilization Management. We help plans, employers, and partners manage pharmacy spending, understand PBM data trends, and get real-time insights and alerts.

Xevant was founded in 2017. We are a software development company with 51-200 employees.

Frequently Asked Questions

What products or services does Xevant offer?

Xevant’s primary product is VerX, an RxTech operating system that includes modules named PULSE, CORTEX, AXIS, and NUDGE. The company also offers services such as Contract Management, Contract Variance, Disease Management, Identifying New Members, Plan Management, Product Mix, Rebate management, Trend Management, and Utilization Management.

What is Xevant's core technology or platform?

Xevant’s core technology is VerX, an RxTech operating system. It utilizes AI-driven intelligence, decisioning, and automation to continuously optimize pharmacy benefits in real time, aiming to identify cost-saving opportunities and manage claims towards the lowest net cost options.

What challenges in the pharmacy benefits industry does Xevant address?

Xevant addresses challenges such as retrospective reporting, fragmented point solutions, and post-payment analytics, which can lead to delayed optimization and reacting to costs rather than preventing them. The company aims to mitigate lost time and productivity from manual data analysis, shrinking margins, and rising client and operating costs due to inefficient PBM data analytics.

When was Xevant founded?

Xevant was founded in 2017.

What industries and sectors does Xevant specialize in?

Xevant is active in the Health Plan, Analytics, Software, Pbm, Pmb Analytis, Pbm Data Analytics, Pharmacy Benefit Management Analytics, Drug Pricing Analysis, Formulary Analytics, Drug Rebate Analytics, Pbm Tools, and Pbm Reporting markets.

How many people work at Xevant?

Xevant has 51-200 employees.

Where does Xevant hire?

Xevant hires globally with a remote-first approach, allowing employees to work from anywhere.

Is Xevant hiring?

Xevant is not actively hiring at the moment. Check back later for new opportunities.

Does Xevant hire for remote and work from home roles?

Yes, Xevant is a remote-first company.

What is Xevant's website?

Xevant's website is www.xevant.com .

Where to find Xevant on social media?

You can find Xevant on LinkedIn .

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