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Press Release

RxREVU and Yingo Yango announce partnership for medication transparency

Two StartUp Health companies make announcement at Health Datapalooza

PR Newswire

WASHINGTON, June 2, 2014 /PRNewswire-iReach/ -- RxREVU and Yingo Yango have partnered to bring transparency of medication cost and quality to consumers. The two health care technology companies made the announcement at a major health data conference, Health Datapalooza, today in Washington, D.C.

Yingo Yango provides services for employers and pharmaceutical companies to help employees manage illness, including pre- and post-operative care and condition management. Yingo Yango will allow employers and health systems access to medication cost an quality information, called prescription optimization, via the RxREVU Application Programming Interface (API).

"As drug prices and value are coming under increasing scrutiny, we are proud to provide the RxREVU prescription optimization dataset to our customers and our users." said Yingo Yango CTO, Andrew Quinn.

RxREVU is a Denver-based company that delivers evidence-based medication cost and transparency data, based on the latest peer-reviewed research, to applications across the healthcare value chain.

"One of the greatest difficulties in healthcare can be getting a very accurate determination of value. With RxREVU, we'll be able to show real, tangible financial ROI to our customers and users in a very short amount of time." said Marty Jaramillo, CEO for Yingo Yango. "We believe very strongly in making things simple, valuable and intuitive for our users, and RxREVU fits."

"Yingo Yango has shown themselves to be one of the most innovative consumer engagement platforms in health care, making it as simple as possible for consumers to take control of their own care.  Similarly, we believe strongly in making things simple and that shows in our architecture and ability to rapidly deploy. We're preparing to begin offering the RxREVU prescription optimization integration within the next several weeks and have it available to Yingo Yango users by the end of June." Said Carm Huntress, RxREVU CEO.

"This will greatly expand our customer base with a fellow StartUp Health company focused, as we are, on better engagement as an avenue to better outcomes and to keep people healthy. To make this kind of a deal with a fellow StartUp Health company shows the power of the StartUp Health program, where we can work together to accelerate growth as part of a passionate community." said Huntress.

About RxREVU:

RxREVU, Inc. helps patients and payers lower drugs costs with an innovative medication cost/quality optimization dataset. The dataset is available to healthcare applications such as portals and consumer mobile applications. Visit www.RxREVU.com to learn more about the company.

About Yingo Yango:

Yingo Yango connects health and wellness resources provided by employers or providers to individuals via mobile applications and secure web platform. This solution allows Yingo Yango to help  identify care gaps, capture and deliver real-time actionable data and ensure collaboration, sustainable engagement and cost savings.  Visit www.yingoyango.com for more information.

Yingo Yango's platform was identified as unrivaled by Startup Health, the growth academy and accelerator, which included the company in its prestigious Healthcare Transformer Academy. Yingo Yango recently closed a round of investment that included Connecticut Innovations (the state's Private Equity division) and Richard Braddock, former CEO of Priceline.com, who was recently named chair of Yingo Yango, along with other individual investors.

About StartUp Health:

StartUp Health, a global startup platform accelerating digital health and wellness innovation, represents a new model for helping entrepreneurs succeed in the health sector. StartUp Health is on a mission to inspire, educate, and provide access for 1,000 digital health startups to reimagine and transform healthcare by 2020. The StartUp Health platform includes the StartUp Health Academy, the StartUp Health Network and the StartUp Health Innovation Fund. StartUp Health was founded by health tech entrepreneurs Steven Krein and Unity Stoakes and is chaired by former Time Warner CEO, Jerry Levin. The organization's investors include leading health, technology, and business minds: Mark Cuban, Esther Dyson, Roger Ehrenberg, Brad Feld, Richard Forman, Jason Finger, Linda Holliday, Jon Kaplan, Howard Krein, MD, PhD, Jon Miller, Jeff Stewart and Wayne Kimmel. Learn more and apply atStartUp Health.com and follow@StartUp Health.

Media Contact: Nate DiNiro, VivaPhi, 5034499943, Nate@vivaphi.com

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SOURCE RxREVU

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