Specialty drugs account for 2% of all drugs sold, but by 2018 will be 50% of the total spend for prescription medications. Pinscriptive uses advanced, big-data analytics and collaborative approaches to identify the right drugs, for the right patient, at the right time, thereby reducing cost and improving outcomes. T-Systems provides a 'secure' cloud-based platform to support these analytics and offers an easy solution for many healthcare IT landscapes which are interested in such a solution but often struggle with how to deploy advanced analytics efficiently.
"The partnership with Pinscriptive provides organizations seeking a secure, cloud-based solution, a better way to manage out-of-control specialty drug use and costs," said Jim Sabogal, Senior Director for Life Sciences and Healthcare at T-Systems North America. Mark Lelinski, CEO of Pinscriptive added, "Our partnership with T-Systems will now allow payers, providers and biopharmaceutical companies to access our specialty drug management platform more efficiently, thereby achieving their drug utilization management performance goals sooner."
Pinscriptive is a healthcare technology company focused on better managing specialty drug use and cost for its payer, provider, and biopharmaceutical company customers. Our proprietary advanced analytics platform uses algorithms and machine learning to better manage specialty drug utilization, cost, and outcomes. Pinscriptive allows its customers to customize its value-based healthcare algorithms to deliver better, more precise, prescription decisions for patients. Pinscriptive is backed by investments from Frost Data Capital, an Orange County, California-based venture capital and healthcare incubator company.
With a footprint in more than 20 countries, 46,000 employees, and external revenue in excess of 9 billion dollars (2015), T-Systems is one of the world's leading providers of information and communications technology (ICT). T-Systems offers a range of integrated solutions for business customers, including the secure operation of legacy systems and classic ICT services, the transformation to cloud-based services (including tailored infrastructure, platforms and software) as well as data analytics, the Internet of Things, machine-to-machine (M2M) communication and Industrial Internet. This is all made possible thanks to its global reach in fixed-network and mobile communications, its highly secure data centers, a comprehensive cloud ecosystem built around standardized platforms and global partnerships, and the ability to offer top levels of security.
Logo - http://photos.prnewswire.com/prnh/20161102/435457LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/pinscriptive-and-t-systems-partner-to-deliver-cloud-based-specialty-drug-management-analytics-300374974.html