Xevant Ranks 19th on the 2023 Utah 100: A Pharmacy Benefits Pioneer's Remarkable Journey

 

Xevant Ranks 19th on the 2023 Utah 100: A Pharmacy Benefits Pioneer's Remarkable Journey

Xevant Secures Top Spot on 2023 Utah 100 List, Marking Impressive Growth

Xevant, a pioneering force in the pharmacy benefits industry, proudly announces its inclusion in the prestigious 2023 Utah 100 list by MountainWest Capital Network (MWCN). This recognition cements Xevant's position as one of Utah's fastest-growing companies, ranking at an impressive 19th place. The Utah 100 Awards ceremony took place at the luxurious Grand America Hotel in Salt Lake City, where Brandon Newman, the CEO and Founder of Xevant, accepted this distinguished accolade.

In his acceptance speech, Newman expressed immense pride, attributing the company's success to the unwavering dedication and hard work of the entire Xevant team. He emphasized their commitment to revolutionizing the pharmacy benefits landscape, streamlining critical analysis for clients by making it faster, simpler, and more impactful. This accolade reinforces Xevant's position as a prominent player in the industry, affirming their continued dedication to innovation and delivering exceptional value to partners and customers.

Jason Roberts, Chairman of the MWCN Utah 100 committee, congratulated all the companies featured on this year's list for their contributions to Utah's economy and the outstanding businesses they've built.

The Utah 100 honorees were selected based on the percentage of revenue growth achieved between 2018 and 2022, further illustrating their remarkable success.

About MountainWest Capital Network:

MountainWest Capital Network (MWCN) stands as Utah's most extensive business networking organization, bringing together entrepreneurs, venture capitalists, consultants, legal professionals, bankers, and educators. MWCN actively promotes and acknowledges business growth and capital development within the state through various award programs and activities.

About Xevant:

Xevant is an innovative pharmacy benefits platform that introduces real-time automation and alerts into the data analysis process. This revolutionary approach accelerates and simplifies the often laborious task of report generation for Pharmacy Benefit Managers (PBMs), Third-Party Administrators (TPAs), Health Plans, Brokers, and Consultants. With Xevant, what used to take weeks, months, or even longer for critical pharmacy analysis can now be accomplished instantly. The results are optimized business processes, reduced operating costs, and improved patient outcomes. Xevant's excellence is further acknowledged as it was recognized as one of Modern Healthcare's Best Places to Work and secured the title of America's No. 1 Fastest Growing Private Software Company on the 2022 Inc. 5000 list.