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Virtusa Named a Finalist in the Fierce Innovation Awards: Healthcare Edition

Posted On : 2014-01-19 10:14:06( TIMEZONE : IST )

Virtusa Named a Finalist in the Fierce Innovation Awards: Healthcare Edition

Virtusa Corporation (NASDAQ: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, has been named a finalist in the Fierce Innovation Awards: Healthcare Edition. Virtusa was recognized as a finalist in the mHealth and Telemedicine solutions category, delivering innovative and regulations compliant mobile health solutions through its Medication Adherence Framework.

This award recognizes Virtusa as a key player delivering innovative mHealth and telemedicine solutions to its clients. The Virtusa Medication Adherence Framework is a new comprehensive solution that influences every step of medication therapy through multidimensional interventions driven by medication data sourced from Electronic Health Records (EHR).This framework incorporates modern technology to support new patient engagement paradigms including educating the patient and their loved ones on their prescribed medications, monitoring the patient's consumption patterns and adherence, and sending adherence reports to physicians, while keeping compliant with HIPAA regulations.

"The medical industry is increasingly embracing mobile technologies to help reach patients more effectively," said Harsha Kumar, senior vice president - Media & Entertainment, Healthcare & Diversified business units at Virtusa. "Service providers that recognize the need for cost-efficient, HIPAA-compliant solutions to help patients manage sustained medical routines will gain both the trust of the patient and the physician. Our cloud-based medication adherence solution is designed to support every step of a patient's medication therapy."

Virtusa's demonstrable expertise in delivering healthcare solutions for complex businesses and healthcare ecosystems has equipped the company with a broad range of capabilities tailored to address the unique and ever-changing needs of the industry. Whether it's operating efficiencies, care management, consumer engagement, informatics or compliance, Virtusa is able to deliver Millennial solutions that help healthcare organizations dramatically improve their patient engagement and care management programs in cost-effective ways.

"We are honored to be a finalist in the Fierce Innovation Awards: Healthcare Edition," said Aravind Ramamurthy, senior director, Healthcare at Virtusa. "Not only does the Virtusa Medication Adherence Framework help to educate the patient on their prescribed medications, it also reminds patients of refills, allows them to discuss their medical therapy with loved ones and fellow patients, and alerts family members on non-adherence, all while remaining HIPAA compliant. In short, it is a customized healthcare plan, right at patients' fingertips."

Applications for the Fierce Innovation Awards: Healthcare Edition were evaluated on criteria such as the impact on quality of care and patient outcomes, care efficiency, healthcare information exchange and financial impact. Applications were judged by a distinguished panel of CIOs and executives from renowned U.S. hospitals including Mayo Clinic, Boston Children's Hospital, Memorial Sloan-Kettering Cancer Center, University of Michigan Hospitals and Health Centers and Beth Israel Deaconess Medical Center.

Over the past year, Virtusa has been recognized all over the globe with numerous awards, particularly in the healthcare space. Most recently, Virtusa was honored with Frost & Sullivan's Customer Value Leadership Award for Customer Experience Management in Healthcare and the Everest PEAK Matrix ratings for IT Outsourcing in Healthcare Payer and Life Sciences industries separately. The company has also been honored with a variety of awards for innovation and HR best practices.

Source : Equity Bulls