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October 09, 2015 5:02 PM ET


Company Overview of Revitas Inc.

Company Overview

Revitas Inc. provides integrated solutions for contract, pricing, and compliance management. It offers revenue management solutions, including Revitas Pricing Dynamics to define, manage, and execute contract pricing terms and incentive pricing scenarios; Revitas CARS to design and implement pricing strategies; Revitas Validata for managed care rebate claims validation; and Revitas Advanced Membership to streamline the critical processes associated with contractual membership. The company also provides Contract Management, a standardized structure and process for contract management; and Revitas Royalty Management to provide controls and leverages over the IP licensing and royalty management ...

1735 Market Street

37th Floor

Philadelphia, PA 19103

United States

Founded in 1989

166 Employees





Key Executives for Revitas Inc.

Chief Executive Officer and President
Age: 59
Chief Financial Officer and Senior Vice President
Age: 39
Chief Technology Officer and Senior Vice President of Products & Technology
Vice President, Secretary and General Counsel
Age: 50
Senior Vice President of Global Markets
Age: 51
Compensation as of Fiscal Year 2015.

Revitas Inc. Key Developments

LG Electronics USA Selects Revitas, Inc. for Contract Lifecycle Management in the Cloud

Revitas Inc. announced that LG Electronics USA has selected the Revitas Contract Manager™ and Revitas Analytics/Contract Explorer™ solutions for enterprise contract lifecycle management (CLM) in the cloud. LG plans to deploy Revitas Contract Manager to improve workflow and increase visibility into contract data and performance for its U.S. business areas, including consumer electronics, home appliances, mobile communications, and air conditioning systems. With Revitas Contract Manager, LG will benefit from a single, centralized customer contract repository that is fully searchable and auditable, allowing the company to easily identify and manage contract terms and conditions. The solution’s interactive dashboards and detailed reporting functionality deliver advanced insight and real-time analysis of contract administration and performance so the company can easily review and report on important milestones, renewal dates, payment terms, and other key metrics.

Revitas, Inc to Provide Global Revenue Management for the Generics and Specialty Pharmaceutical Company

Revitas Inc. announced that it has been selected by one of the large generics and specialty pharmaceutical companies in the world to deliver an end-to-end revenue management solution and standardize the organizations worldwide operations onto a single integrated technology platform. The company has selected the combined team of Alliance Life Sciences and KPMG LLP to assist with its systems integration, business analysis, and design advisory service needs, and to support the global implementation of the Revitas platform. The company will upgrade to the Revitas® Flex® platform [4] and implement the Revitas revenue manager, suite, including Revitas Validata, Contract Manager, Government Pricing, Medicaid Rebates, and Analytics applications. The implementation supports the company's strategic objectives to standardize and automate all technology from a global perspective, optimize revenue across all phases of its product lifecycle, and improve business processes with unified applications that integrate with its SAP® enterprise resource planning (ERP) system. The Revitas revenue management suite delivers breed technology for managing financial accruals, international product launch sequencing, global reference pricing, bid-and-tender management, and gross-to-net financial analysis. Multi-language and currency capabilities allow business units across global regions to collaborate within the system. The Revitas Flex platform offers the pharmaceutical company a robust analytic engine that drives strategic insight into customer, contract, and product performance in order to make more effective contracting decisions and gain greater control over complex partner agreements across global distribution networks. It's ability to unify non-integrated, legacy systems provides data conversion at the detail level, reducing risk and ensuring audit and resubmissions compliance.

Revitas, Inc. Appoints Hemanth Puttaswamy as Chief Technology Officer and Svp of Products and Technology

Revitas Inc. announced the appointment of Hemanth Puttaswamy as Chief Technology Officer and SVP of Products and Technology. Hemanth joins Revitas at a pivotal time, as the company is executing on key initiatives, including increasing focus on its core pharmaceutical clients, entering new markets, and completing its offering of cloud-based solutions. Hemanth joins Revitas from Saba where he served as Chief Technology Officer and SVP Products and Development. In this role, he was responsible for product strategy, design, and engineering for all product lines, and led a global team of engineers and product managers that delivered enterprise solutions for some of the most demanding organizations.

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