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ADVI Health completes acquisition of Partnership for Health Analytic Research to enhance Strategic Analytics, Value and Economics capabilities

Aug 23, 2024over 1 year ago

Acquiring Company

ADVI Health

Acquired Company

PHAR (Partnership for Health Analytic Research)

WashingtonBeverly HillsMedicalConsultingBiotechnologyHealth CareBiotechnologyHealth Care

Description

ADVI Health, a strategic consulting partner to the healthcare and life sciences ecosystem, has successfully acquired Partnership for Health Analytic Research (PHAR). This acquisition elevates ADVI's Strategic Analytics, Value, and Economics (SAVEs) team with significant HTA/HEOR, primary research, literature review, and patient registry expertise. The addition of PHAR's expertise aligns with ADVI's mission to be the go-to-market partner for life sciences innovators worldwide, offering data-informed strategy and access solutions that create opportunities, generate evidence, optimize strategy, and fund growth.

Company Information

Company

ADVI Health

Location

Washington, District Of Columbia, United States

About

ADVI is a commercial strategy and business development consulting firm that thrives on solving complicated problems in an evolving healthcare system. We are a specialized team of operators, policymakers, and clinicians with extensive experience delivering pragmatic results-oriented approach. We deliver a comprehensive perspective by integrating business, policy, and science to find creative solutions through data, learned insight and compelling strategy to help make decisions across all segments of healthcare.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed