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Enterprise Layer Intelligence
Categories/Healthcare & Life Sciences/Xevant
Xevant

Xevant

Founded 2017

Track and analyze prescription drug spending to automatically lower pharmacy benefit costs

You can use Xevant to manage pharmacy benefit costs by analyzing prescription claims and drug spending in real time. The software evaluates contract performance, tracks pharmacy claims paid against contractual amounts, and monitors disease management metrics across custom dashboards. You can also analyze rebate data across channels, track utilization patterns, and identify member eligibility shifts. By standardizing claims data from different pharmacy benefit managers, Xevant helps plan sponsors identify lower-cost drug alternatives, prepare performance reviews, and catch billing discrepancies before excessive waste occurs.

What Xevant does

Audit prescription claims against negotiated contract termsGenerate quarterly pharmacy plan performance reviewsTrack drug rebate payments by product channelIdentify members eligible for lower-cost medication alternativesMonitor contract variance and payment discrepanciesAnalyze drug trend benchmarks against industry averagesMonitors pharmacy claims against contracted rates to catch billing discrepanciesStandardizes disparate pharmacy benefit manager data formats automaticallyRoutes claims dynamically toward lowest-cost channels and alternativesTracks prescription drug rebate eligibility and channel pricingProvides disease management dashboards with real-time claims analyticsGenerates automated quarterly plan reviews and utilization reports

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Xevant, pharmacy benefit management, PBM analytics, prescription claims, drug spend analysis, rebate management, contract variance, healthcare analytics, cost savings, drug utilization, claims audit, health plan management, GLP-1 tracking, VerX