Allergan, Inc. Integrates Contract and Revenue Management on the Revitas Flex Platform Allergan completes full-suite adoption of Revitas Enterprise Revenue Dynamics with implementation of the Revitas Contract Manager, Government Pricing, and Medicaid Rebates solutions Business Wire PHILADELPHIA -- July 1, 2013 Revitas today announced that Allergan, Inc. has fully migrated to the Revitas^® Flex^® strategic platform, consolidating its contract, pricing, and compliance management processes. Allergan, a multi-specialty healthcare company, adopted Revitas Enterprise Revenue Dynamics (ERD) solutions to manage its customer, trading partner, and product data on a single, automated platform for optimized performance across its business functions. Already live on the Revitas CARS^® and Validata solutions, Allergan implemented the Revitas^® Contract Manager, Revitas Government Pricing, and Revitas Medicaid Rebates solutions, further strengthening its contract performance, reducing margin erosion, and solidifying its compliance. Allergan required an automated, central contract repository that would provide a single point for customer, trading partner, and product data, allowing the organization to more easily author and store contracts. With the Revitas Contract Manager application, Allergan can drive the entire contract lifecycle for its managed care, institutional, Medicaid, and Medicare agreements, from offer development and approvals through milestone management. Revitas’s Contract Manager solution is integrated with the Revitas CARS solution, enabling Allergan to gain clearer insight into contract performance. In addition, the Revitas Government Pricing application enables Allergan to automatically and accurately calculate complex price types for participation in government programs, and facilitates the ongoing and future compliance requirements found in the evolving regulatory landscape of pharmaceutical manufacturing. “As competition among pharmaceutical companies increases, there’s a growing need to seamlessly integrate business processes, systems, and data, especially where revenue protection and compliance are concerned,” said Al Smith, President and Chief Operating Officer at Revitas. “Allergan’s use of the Revitas Flex platform will leverage that integrated approach to ensure accurate financial processing and rock-solid compliance.” Through its broad-suite adoption of the Revitas Flex platform, Allergan will capitalize on core interfaces, analytical tools, and master data across all its ERD applications. To find out more about the benefits of ERD solutions and the Revitas Flex platform, visit http://www.revitasinc.com/. About Revitas Revitas, the leader in Enterprise Revenue Dynamics, delivers integrated solutions for contracts, pricing, and compliance that drive higher profitability and lower risk. Revitas empowers companies to optimize contract performance by defining, managing, and analyzing complex, multi-tier pricing incentives and enables positive proof of compliance with commercial, financial, and industry requirements. Powered by the secure, scalable, and standards-based Flex^® platform, Revitas^® applications speed time to market and improve visibility across B2B relationships. Hundreds of organizations across the most highly regulated and challenging industries leverage Revitas integrated solutions to save money, make money, and reduce risk. For details, visit www.revitasinc.com or http://blog.revitasinc.com/. Contact: Gregory FCA Alicia Buonanno, 610-228-2096 Alicia@GregoryFCA.com
Allergan, Inc. Integrates Contract and Revenue Management on the Revitas Flex Platform
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