|By PR Newswire||
|March 18, 2014 05:00 PM EDT||
DENVER, March 18, 2014 /PRNewswire-iReach/ -- RxREVU is pleased to announce acceptance and enrollment into the Startup Health Academy. Startup Health is "a global startup platform accelerating digital health and wellness innovation." Part of their platform is the StartUp Health Academy, a three-year coaching program and community "designed to help grow and scale digital health and wellness companies." The program focuses on equity value creation and leverages the power of the Network Effect, enabling early-stage digital health companies in access to talent, knowledge and resources.
"StartUp Health, in just a few years, has grown a network of thousands of key professionals to health tech startups reach their goals. We are proud and honored to have been accepted into this prestigious program, and we have already achieved a significant acceleration in getting to the next phase of our growth. We look forward to working closely with the StartUp Health network to deliver better care at a lower cost by empowering patients." said Carm Huntress, RxREVU's CEO.
"Our goal is to organize the world's pharmaceutical data around cost and quality. By doing that, and making this data readily available, we'll make it easier for consumers and their physicians to make determinations on value and what will work best for them and their budget," said Huntress. "We've found in many cases that the most expensive medications are no more superior than their less expensive counterparts. That means we have an opportunity to make people healthier and allow them to save money as well. It's a win-win scenario."
RxREVU seeks to reduce medication costs and deliver value to patients by providing cost and effectiveness research on every prescription drug, and has been defined by Business Insider as seeking to become the next "Google of Drugs." The company's medication optimization API (application programming interface) was announced recently, and allows healthcare application developers to leverage RxREVU's medication savings data inside their own websites, portals, and mobile applications, to ultimately reduce costs for patients and payers.
"Our platform is based on our unique ability to mine large volumes of peer-reviewed clinical studies and medical journals to compare the effectiveness and cost of one drug against another, and deliver it to providers and consumers in a format they can use to make informed decisions," elaborated Huntress.
The company's API was recently listed as one of "25 Digital Health APIs every startup should know" by MobileHealthNews. The company believes that by allowing healthcare organizations to access their data through an API, they can provide lower costs and better outcomes to as quickly as possible, for patients and payers struggling to contain the rising costs of prescriptions.
More information on the RxREVU API can be found at www.RxREVU.com/#api
Denver based RxREVU, Inc. helps patients and payers lower drugs costs with an innovative medication cost/quality optimization dataset. Their medication savings dataset is available to healthcare applications such as transparency portals, insurance companies and consumer mobile applications. Visit www.RxREVU.com to learn more about the company.
About StartUp Health:
StartUp Health, a global startup platform accelerating digital health and wellness innovation, represents a new model for helping entrepreneurs succeed in the health sector. StartUp Health is on a mission to inspire, educate, and provide access for 1,000 digital health startups to reimagine and transform healthcare by 2020. The StartUp Health platform includes the StartUp Health Academy, the StartUp Health Network and the StartUp Health Innovation Fund. StartUp Health was founded by health tech entrepreneurs Steven Krein and Unity Stoakes and is chaired by former Time Warner CEO, Jerry Levin. The organization's investors include leading health, technology, and business minds: Mark Cuban, Esther Dyson, Roger Ehrenberg, Brad Feld, Richard Forman, Jason Finger, Linda Holliday, Jon Kaplan, Howard Krein, MD, PhD, Jon Miller, Jeff Stewart and Wayne Kimmel. Learn more and apply at StartUp Health.com and follow @StartUp Health.
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