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Press Release

January 16, 2014

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

Company’s Medication Adherence Framework delivers innovative mHealth and telemedicine solutions

WESTBOROUGH, Mass., – (January 16, 2014)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, today announced that it 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.

About FierceMarkets
FierceMarkets, a wholly owned subsidiary of Questex Media Group, is a leader in B2B emedia, providing information and marketing services in the telecommunications, life sciences, healthcare, IT, energy, government, finance, and retail industries through its portfolio of email newsletters, websites, webinars and live events. Every business day, FierceMarkets' wide array of publications reaches more than 1.3 million executives in more than 100 countries.

 

About Virtusa

Virtusa Corporation is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovative engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive the business forward at unparalleled velocity enabled by a culture of cooperative disruption.

Virtusa is a registered trademark of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders.

 

Media Contact:

Alex Nickols
Edelman
+1 (415) 430-8056
Alex.Nickols@edelman.com

Contacts
Jessica Boardman
Global Head of Media Relations Communications
(617) 275-6514
jboardman@greenoughcom.com

 

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