Merative is a health data analytics tech company based in Ann Arbor, Michigan, United States. Originally Merative was owned by Thomson Reuters but was sold to Veritas Capital in 2012 and became Truven Health Analytics. IBM acquired Truven Health Analytics in 2016 and merged it with its Watson Health unit. Later on, Francisco Partners acquired it and rebranded it as Merative in June 2022.
Merative’s Products and Solutions
Merative offers a wide range of product suites, each designed to address different aspects of healthcare data and analytics. These include Micromedex, Zelta, Merge, Health Insights, Curam, and Market Scan, specializing in clinical decision support, clinical development, Imaging, Analytics, social services, and Real-world Evidence respectively.
Clinical Decision Support: Micromedex
Micromedex is a clinical decision support system that provides evidence-based drug information. This platform has a comprehensive drug reference, interaction checker, and clinical calculators to help doctors make the right decisions for medication therapy, disease management, and patient education.
This suite further includes two products i.e. Dynamedex and Orbital Rx.
DynaMedex
DynaMedex combines DynaMed’s disease content with Micromedex’s drug information, offering a unified solution for the care team. It provides daily updates, evidence-based content, and a suite of tools for clinical decision-making, including drug interaction checkers and clinical calculators.
Orbital Rx
Orbital Rx is a software that integrates with Micromedex to simplify pharmacy inventory management, especially during drug shortages. It offers real-time inventory control and evidence-based drug information, helping pharmacists make substitution decisions while ensuring patient safety.
Clinical Development: Zelta
Zelta is a platform designed to streamline clinical trials. It offers a suite of tools that cater to various aspects of clinical development. It includes data management capabilities, clinical operations tools for the execution of clinical trials, and different modules that help researchers & providers stay engaged with the patients.
Data Management
Zelta’s data management capabilities help handle the clinical trial data in an efficient manner. With features like Electronic Data Capture (EDC) and Medical coding with AI, it simplifies the collection and analysis of trial data. This platform supports seamless integration of local lab results, enhancing the data’s reliability and utility for study outcomes.
Clinical Operations
The platform’s clinical operations tools facilitate the smooth execution of trials. This includes Randomization and Trial Supply Management (RTSM) for managing logistics and Endpoint Adjudication for objective evaluation of trial endpoints. It also offers globalization eLearning to support international trial sites, along with Clinical Trial Management Systems (CTMS) and electronic Trial Master Files (eTMF) to ensure comprehensive documentation and oversight.
Patient and Provider Engagement
Zelta emphasizes patient and provider engagement, which is crucial for successful clinical trials. It provides modules like electronic Clinical Outcome Assessments (eCOA) and electronic Patient-Reported Outcomes (ePRO), as well as eConsent tools. These features not only enhance the participant experience but also improve the quality and accuracy of the data collected during the trial.
Enterprise Imaging: Merge
Merge is a suite consisting of imaging solutions specifically designed to meet the diverse needs of healthcare providers in the cardiovascular surgery specialty. Some of its products include,
PACS (Picture Archiving and Communication System)
Merge PACS is a robust system that supports radiology image storage, retrieval, management, and display. It offers a unified reading environment and facilitates efficient reading workflows across the enterprise.
Merge PACS simplifies radiologists’ reading activities and enhances workflow efficiency. It allows access to imaging data anywhere, streamlines administrative tasks, and integrates applications and AI algorithms from a single worklist.
Cardiology Solutions
Merge Cardio and Merge Hemo are award-winning solutions for cardiology and hemodynamics, under the umbrella of Merge platform. They streamline clinical and data management workflows, enabling centralized access and management of cardiovascular data.
Merge Hemo provides real-time hemodynamic monitoring and analysis, crucial for capturing patient data during cardiac procedures. It integrates with Merge Cardio for a complete cardiology suite.
Healthcare Analytics: Health Insights
Merative’s Health Insights suite offers a range of analytics solutions tailored for different stakeholders in the healthcare industry.
Employer Analytics
This tool helps employers understand and optimize their health and benefits programs. It provides insights into program ROI, identifies effective interventions, and benchmarks performance against competitors. Employers can measure the effectiveness of health programs, identify population health risks, & predict future costs.
Health Plan Analytics
Designed for health plans, this analytics platform turns complex health data into meaningful insights. It supports decision-making by providing a clear view of financial and clinical key performance indicators, helping understand utilization, manage risks, and address health equity issues.
Treatment Cost Calculator
It is an online consumer tool that delivers accurate, real-time estimates of out-of-pocket healthcare costs. It aids consumers in budgeting for healthcare expenses, including deductibles, co-payments, and co-insurance, and helps them understand price variations for services based on location, provider, and facility.
Health and Human Services: Curam
Merative’s Cúram software is focused on the delivery of government social services. It helps organizations to improve service delivery, empower caseworkers, and assist individuals access the programs they need for better outcomes.
Some of the Curam’s products include,
Child Welfare
Cúram’s child welfare solution is built to support the complex needs of children and families, focusing on protection and care. It enables agencies to manage cases more effectively and deliver services that can make a positive impact on children’s lives.
Citizen Engagement
This aspect of Cúram aims to simplify how citizens connect with government services. It’s designed to enhance the interaction between the public and social programs.
Coordinated Health and Social Outcomes
Cúram provides tools for integrated care management, helping to create whole-person care plans. This coordination ensures that all aspects of an individual’s health and social needs are addressed, leading to better long-term outcomes.
Eligibility and Entitlement
The software manages benefits and service deliveries, including financial issuances and provider service authorizations.
Real-world evidence: Market Scan
MarketScan is a platform that provides access to research-ready real-world data (RWD). This data includes fully adjudicated claims data from various payers, meticulously curated and pre-configured for analysis. Researchers, clinicians, and decision-makers can use MarketScan to gain insights into healthcare costs, patient behavior, and outcomes.
Real-world data analytics
The platform also offers user-friendly analytics tools, making it a valuable resource for evidence generation beyond controlled clinical trials.
Industry Applications
Merative serves a wide range of clients in the healthcare industry, including providers, health plans, employers, life sciences companies, and governments. The company’s solutions are designed to manage data effectively, apply advanced analytics and AI, and offer open-source capabilities for collaboration.
According to the statistics provided by Merative, their solutions are widely adopted across various sectors of the healthcare industry.
Hospitals
Many of the top US hospitals use Merative’s healthcare data and analytics products to improve patient care and operational efficiency.
Health Plans
Currently, seven of the top nine US health plans leverage Merative’s insights for health and benefits programs.
Employers
Around 40% of Fortune 100 employers rely on Merative’s solutions for healthcare data management and analytics.
Government Agencies
Over 35 federal, state, and local government agencies employ Merative’s technology for public health and services delivery.
Life Sciences Companies
All 20 of the top life sciences companies use Merative’s products to support research and development.
Clientele Profile
Some of the prominent clients and applications of Merative have been discussed below. These case studies reflect the widespread applications of Merative’s technology and services across different aspects of healthcare and social services.
New York City Human Resources Administration
Merative helped streamline the process for applying for supplemental food assistance, improving the experience for applicants and the efficiency of the administration.
The Scottish Government
Faced with the massive task of delivering social security benefits to the entire country, The Scottish Government established a new agency for social program management with the support of Merative’s solutions.
Sonoma County
A new care management approach by Merative aided Sonoma County in better assisting their unhoused population.
Nevada County
Merative’s solutions played a role in preventing homelessness by helping keep nearly 250,000 people off the streets in one Nevada county.
ProTrials
Accelerated processes across the development life cycle, enhancing efficiency and reducing time to market for clinical trials.
Prosciento
Empowered medical coders with faster and more precise medical coding, streamlining the data management process in clinical research.
Southern Star Research
Southern Star Research built its own studies with support from Merative, fostering independence and flexibility in research operations.
George Clinical
Merative helped George Clinical expand its client services with a modular clinical development solution, allowing for scalable growth and adaptability.
Biorasi
Biorasi reduced overhead, costs, and time by improving the clinical trial process, demonstrating Merative’s impact on operational efficiency.
Veristat
Veristate gained efficiency and control over its clinical trials, showcasing how Merative’s solutions can enhance the management of complex research projects.
Awards and Recognition
Merative has recently won three 2023 Best in KLAS Awards for its products Merge Cardio, Merge Hemo, and Micromedex®, which are ranked Best in KLAS for cardiology, cardiology hemodynamics, and clinical decision support: point of care clinical reference, respectively.