AUGUSTA, Ga., Oct. 10, 2011 /PRNewswire/ -- AWAC, an inVentiv Health company, and a leading provider of physician directed, nurse supported, technology enabled medical management solutions, announced today that it has changed its name to inVentiv Medical Management.
The new name and organization – unveiled today at the Self-Insurance Institute of America National Conference in Phoenix, Arizona – better reflects the company's expanded solutions, revitalized mission and a commitment to improving healthcare quality, costs, and outcomes. The name also underscores inVentiv Health's commitment to deploying its vast resources to deliver a broad range of best-in-class services to meet the changing needs of global healthcare clients.
"inVentiv Medical Management isn't just a name. It is a new organization that will be faster, more innovative, and committed to creating integrated service solutions that reduce healthcare costs and improve healthcare quality and patient outcomes," said Marc Palmer, CEO of inVentiv Medical Management.
Founded in 1991, the company's initial focus was on reviewing healthcare claims for services before they were paid using AWAC®, a proprietary technology, and physician review. AWAC will continue to be the technology platform of inVentiv Medical Management.
The name inVentiv Medical Management reflects a full-suite of integrated, innovative service solutions including: iProcert™, a physician-led utilization review service; Case Management; iHealth™, a comprehensive wellness program; Disease Management; and Accountable Care Solutions™; a balanced solution promoting cost-effective, safe, and integrated care for patients with cancer, cardiovascular, or chronic kidney disease.
"Our new name now reflects who we are and what we do with greater clarity," concluded Palmer.
About inVentiv Medical Management
inVentiv Medical Management (formerly AWAC), an inVentiv Health company, is a leading national provider of physician directed, nurse supported, technology enabled, medical management solutions to third party administrators ("TPAs"), self-funded or fully insured plans, employer groups, managing general underwriters ("MGUs"), and insurance carriers. With a mission of improving healthcare costs, quality and outcomes, we deliver balanced clinical surveillance and cost intervention that supports payers, providers and patients. inVentiv Medical Management is headquartered in Augusta, Georgia. Please visit www.inVentivMM.com for more information.
About inVentiv Health
inVentiv Health, Inc. is a leading global provider of best-in-class clinical, commercial and consulting services to companies seeking to accelerate performance. inVentiv's client roster includes more than 550 pharmaceutical, biotech and life sciences companies. With 13,000 employees in 40 countries, inVentiv rapidly transforms promising ideas into commercial reality. inVentiv Health Inc. is privately owned by inVentiv Group Holdings Inc., an organization sponsored by affiliates of Thomas H. Lee Partners, L.P., Liberty Lane Partners and members of the inVentiv management team. For more information, visit http://www.inventivhealth.com.
|SOURCE inVentiv Medical Management|
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