PHOENIX, Aug. 21, 2012 (GLOBE NEWSWIRE) -- Source Healthcare Analytics, a Symphony Health Solutions Company, is now the provider of U.S. prescription audit data to Bloomberg's more than 310,000 Professional service subscribers globally. Source Healthcare Analytics provides its subscribers with U.S. weekly prescription data 24 hours earlier than any other supplier.
Source Healthcare Analytics is the sole source of U.S. prescription-volume market data on the Bloomberg Professional service and Bloomberg is the only re-distributor of Source® Pharmaceutical Audit Suite (PHAST) to the financial industry. Source PHAST captures 82 percent of the prescription activity in the U.S., the strongest sample in the industry. Under the agreement, Bloomberg Professional subscribers will have weekly and monthly retail, non-retail and mail order prescription activity integrated directly into their workflow.
"This agreement demonstrates Bloomberg's recognition of the quality of our data and underscores our excellent customer service," said Bob Jansen, President & Chief Commercial Officer, Source Healthcare Analytics. "We are delighted to work with Bloomberg and expand Wall Street's access to a key set of comprehensive and actionable pharmaceutical market data."
Source Healthcare Analytics will continue to offer PHAST directly to customers along with its full range of specialized analytics and reporting capabilities, although Bloomberg will be the only financial re-distributor of the audit. The integration of Source® PHAST data with Bloomberg Industries' market research follows an announcement from last November that Source's inThoughtTM research reports are available to clients of Bloomberg Tradebook, the agency brokerage business of Bloomberg LP.
The Source Healthcare Analytics product line offers a unique set of comprehensive patient and physician-level prescribing and usage data. For more information, visit the Source Healthcare Analytics homepage at www.sourceha.com.
About Symphony Health Solutions
Symphony Health Solutions provides comprehensive and multi-dimensional understanding of relevant information necessary to measure performance and inform strategies for optimal business decision-making. Focused on conveying value through information to the life sciences and healthcare industries, each of its units brings deep sector expertise and innovation in the delivery of insight to our client partners.
Comprised of AlphaDetail, ImpactRx, Source Healthcare Analytics and TargetRx, the company connects a broad set of research, analytics and health information products that together form a leading performance measurement group. On this strong collaborative platform, Symphony Health Solutions builds innovative solutions to unite information with insight, and deliver high-value knowledge products that enable clients to operate within an evolving healthcare ecosystem. For more information, visit: www.symphonyhealth.com.