WESTBOROUGH, Mass.--(BUSINESS WIRE)--Jun. 5, 2017--
Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and
IT outsourcing company, today announced the launch of its latest
pharmacovigilance (PV) solution for Adverse Event (AE) Intake and
Cognitive Adverse Event Case Processing (AECP). Built on pharmacovigilance
and case
management technology from Pegasystems,
the solution enables life sciences companies to increase productivity
while ensuring compliance, lowering costs, and enhancing patient safety.
“The demand for digitization and increased automation in PV intake and
AECP is driven by inefficient systems, redundant processes, and a lack
of digital automation,” said Dan DiSantis, senior director of Healthcare
and Life Sciences at Virtusa. “The applications Virtusa has built
leverage decisioning solutions from our global partner, Pegasystems, to
create a configurable, reusable AE case processing and product
compliance environment, saving millions over the current processes.”
Leveraging deep industry knowledge, extensive experience with life
sciences companies, and strong expertise in Pega®
Platform, the underlying Pega technology that powers Pega®
Pharmacovigilance and case management, Virtusa expects the AECP solution
to:
-
Increase productivity and lower costs of overall PV operations by
50-80 percent
-
Provide more reliable and faster detection of AEs for safer use of
drugs and devices
-
Reduce manual efforts for lower per case processing costs
-
Enhance functionality for existing safety system investments without
major upgrades
-
Improve accommodation of rapidly rising AE case volumes and new
channels and sources
Virtusa enables pharmaceutical companies and medical device
manufacturers to streamline PV intake and AE case processing to address
product, region, or regulatory requirements with these key features:
-
Omni-channel and user-centered design supports direct intake from any
channel including E2B R2/R3, web, e-mail, fax, and social media
-
Automated case intake with integrated Optical Character Recognition
(OCR) and Natural Language Processing (NLP)
-
Automated triage, identification, and classification of AEs
-
Expanded PV case and process management for faster assessment of AEs
-
Built-in support for industry standards including E2B R2/R3, MedDRA,
IDMP, and WHODrug
-
Expanded visibility and compliance through integrated audit trails,
reporting, and dashboards
-
Leverage and enhance existing legacy PV applications, like Argus and
ArisGlobal, as well as integrate with other data sources by applying
Pega’s unifying technology
“Life sciences organizations are in need of technology solutions that
help them scale in the face of ever-growing case volumes,” said Ed
Chase, director, life sciences, Pegasystems. “Built on industry thought
leadership and technology expertise, the PV Intake/Cognitive AECP
solution provides innovative end-to-end automation for adverse events
case processing, well beyond those of traditional PV safety systems. It
empowers life sciences companies to capture and process adverse events
faster, saving valuable time, reducing overall operational costs, and
most importantly - improving patient safety.”
Virtusa’s Healthcare group has received numerous analyst and industry
recognitions including recognition in Everest Group’s Performance,
Experience, Ability, Knowledge (PEAK) Matrix for both its Healthcare
Provider IT Services and Healthcare Payer Big Data and Analytics IT
Services. Virtusa was also the recipient of Frost & Sullivan’s 2014
Global System Integration in Healthcare Product Line Strategy Leadership
Award. The company was recently recognized as a leader among BPM service
providers by analyst firm Forrester Research in The Forrester Wave™: BPM
Service Providers, Q4 2016.
The AECP Solution is on display at PegaWorld 2017, to be held June 4-7
at the MGM Grand in Las Vegas. Please register for a demo here: http://www.virtusapolaris.com/events/pegaworld2017/?utm_source=twitter&utm_medium=extlink&utm_campaign=PegaWorld2017
For more information on AECP Solution, please contact Dan DiSantis at ddisantis@virtusapolaris.com.
About Virtusa
Virtusa Corporation (NASDAQ GS: VRTU) is a
global provider of information technology (IT) consulting and
outsourcing services that accelerate business outcomes for Global 2000
companies and leading software vendors in banking and financial
services, insurance, healthcare, telecommunications, technology, and
media & entertainment.
Virtusa helps CXOs' address the dual challenge of growing revenues while
improving IT cost efficiencies. Virtusa's digital transformation &
innovation (DTi) solutions enable clients to reimagine the customer
experience, accelerate revenue growth and creating lasting business
value. The company’s operational excellence (OE) solutions help clients
reduce risk, improve operational efficiencies, and lower IT costs.
Virtusa delivers services across the IT lifecycle, including consulting,
solution design, technology selection, implementation, testing, and
maintenance, including infrastructure support. With a strong heritage in
software engineering, Virtusa is highly qualified to both develop and
maintain software, using a proven platforming methodology and advanced
Agile and Accelerated Solution Design techniques to reliably deliver
results on time and within budget.
Holding a proven record of success across industries, Virtusa readily
understands its clients' business challenges and uses its domain
expertise to deliver distinctive, differentiated and innovative
applications of technology to address its client critical business
challenges. Examples include building the world's largest P&C claims
modernization program; one the largest corporate customer portals for a
premier global bank; an order to cash implementation for a multinational
telecommunications provider; and digital transformation initiatives for
media and banking companies.
Through the acquisition of a majority interest in Polaris Consulting
Services Ltd. in March 2016, Virtusa has created a robust platform to
provide end-to-end solutions and services in banking and financial
services, strengthening its positioning as a top, global FinTech
services provider. Virtusa Corporation is headquartered in Massachusetts
and has 50 offices across North America, Europe and Asia.
Polaris Consulting & Services is a subsidiary of Virtusa Corporation.
Copyright © 2017 Virtusa
Corporation. All Rights Reserved.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170605006025/en/
Source: Virtusa Corporation
Greenough
Amy Legere, 617-275-6517
alegere@greenough.biz