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Xevant specializes in pharmacy benefit management (PBM) data analytics solutions aimed at helping clients in the healthcare sector, such as PBMs, health plans, third-party administrators (TPAs), and broker organizations, manage their pharmacy spending more effectively. The company offers an advanced analytics platform that provides real-time insights and alerts, allowing clients to identify hidden issues that could lead to increased costs. This platform automates data analyses, which not only saves clients money but also enhances their satisfaction by streamlining processes like claims management and quarterly reviews. Xevant's business model includes subscription fees for its analytics platform, along with additional services like customization and training. By continuously analyzing data, Xevant positions itself as a virtual pharmacy expert, focusing on finding cost-saving opportunities and improving outcomes for its clients.
Company Stage
Seed
Employees
51-200
Industries
Data & Analytics, Enterprise Software
Total Funding
$17.2M
Headquarters
N/A
Founded
2017
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