DRG Buys Health Plan Data Firm Adaptive

In the US, pharma researcher Decision Resources Group (DRG) has acquired health plan data specialist Adaptive Software. Terms of the deal were not disclosed.

Founded in 2001, Kansas City-based Adaptive has developed a management platform called RxFlex for pharmacy benefit managers, health plans and hospitals; while its RxComplete offers a single platform web-based solution for managing clients, formularies, benefit plans, networks and pricing. The firm's customers currently manage pharmacy benefits for more than 95 million US citizens.

DRG says the acquisition represents a 'further push' into the payer market, which will extend its role in providing data, insight and software solutions relating to drug efficacy, pricing, market access, contracting strategies and benefit design.

Joe Layne (pictured), CEO of Adaptive, comments: 'DRG shares our mission, a customer-first culture, and a deep ambition to support leading companies in their transformation to value-based healthcare. We are excited to join the DRG family and are confident that, together, we can better serve our customers and the needs of the rapidly evolving healthcare industry'.

Web sites: www.decisionresourcesgroup.com and www.adaptivesoftware.com .