Company: Xevant
Nomination Submitted by: Society22
Company Description: Xevant is a leading provider of pharmacy benefits optimization solutions, offering innovative technology that streamlines rebate processing and delivers advanced pharmacy benefits analytics. Xevant's platform empowers payers, PBMs, and consultants to optimize pharmacy benefits in real-time, driving transparency and reducing costs.
Nomination Category: New Product & Service Categories
Nomination Sub Category: Consumer Services
 Nomination Title: Xevant's Ivím at Work
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:
August 1, 2024
- If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):
Total 167 words used.
The *Ivím at Work* program is a game changer for employee health and wellness and first-of-its-kind corporate weight management solution that integrates Ivím Health’s direct-to-consumer GLP-1 weight loss and health management program with Xevant’s advanced pharmacy benefits analytics and optimization solutions. Designed specifically for workplace wellness, this program provides employees with medical weight loss benefits through cutting-edge GLP-1 therapies, personalized care, and continuous support.
Key features include:
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Improved access to affordable GLP-1 medications
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Personalized clinical care management to support sustained weight loss
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Flexible plan and employee cost share options to suit unique goals and budgets
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An easy-to-use app providing tracking, nutrition, wearable support, biometrics and education
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Access to a robust and engaged Ivím weight loss community
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Greater control over future benefit costs and health outcomes
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Xevant's advanced data analytics providing data-driven custom solutions for brokers, employers, and patients
This program sets a new standard for corporate wellness by combining affordability, clinical excellence, and personalized health management, empowering companies to enhance employee well-being and drive long-term cost savings.
- If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):
Total 141 words used.
Market Performance: CONFIDENTIAL – Not for Public Consumption
Ivim at Work with Xevant has been available to the market for only 90 days and is already a success.
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12 signed national brokers/consultants (surpassed the 90-day goal of 10)
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Four signed employers (90-day goal of 6)
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Exceeding 1,400 new employees/patients now active on the program (90-day goal of 1,200)
Customer Satisfaction:
We have many quotes from brokers/consultants stating that they finally have a comprehensive and acceptable corporate GLP-1 weight management program they can offer to their employer clients, with most of these brokers signing up their own organizations as customers and users of the program.
Employers have had no formal way of addressing the weight loss benefit without a workaround until now, expressing that they will no longer have to run any diabetic weight management employees through their diabetic benefits.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 51 words used.
Ivim at Work with Xevant press release announcement
Ivim at Work program overview
Ivim at Work broker introduction video (Brandon Newman, Xevant CEO)
4.9 on Trustpilot.
Navigating Obesity Care and GLP-1 Coverage: A Guide for Employers
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