BETHESDA, Md., June 28 /PRNewswire/ -- United BioSource Corporation (UBC) today announced the acquisition of Muse & Associates, a Washington, DC-based health care consulting firm specializing in Medicare and Medicaid cost estimates and projections, policy analysis, reimbursement and coding, market analysis, and special studies for the pharmaceutical, biotechnology, medical device, health insurance and health service industries. The move expands UBC's reimbursement support capabilities by providing access to robust government health insurance claims databases and building the company's team of Medicare and Medicaid experts.
UBC delivers evidence-based services to demonstrate the medical and economic value of pharmaceuticals, biotechnology, and medical devices to health care providers, consumers, regulators and payers. The company leverages its unique suite of scientific capabilities, operational expertise, and data resources to demonstrate product effectiveness, minimize safety risks, document economic value, and secure appropriate third-party payment for medicines and medical devices.
Health policy analysts at Muse & Associates leverage deep public health program expertise and access to an array of insurance claims databases, including the Medicare 5% claims database and numerous Medicaid claims databases, to help assess the reimbursement environment and facilitate appropriate payment for client products. The Muse & Associates team is led by Don Muse, PhD, formerly with the Congressional Budget Office, the Center for Medicare and Medicaid Services (CMS), and the U.S. Senate Finance Committee. Analysts at Muse & Associates provide cost/pricing estimates, market analysis, financial projections, benefit/cost studies, and economic impact studies for their clients. The firm's staff includes former CMS staffers and several of the industry's most experienced Medicare and Medicaid reimbursement and coding policy experts. Muse & Associates clients include leading pharmaceutical companies, numerous state governments, and several leading trade associations. Muse & Associates will join UBC's Center for Pricing & Reimbursement and will continue to operate out of its office in Washington DC.
"The addition of Muse & Associates is an important step in our expansion into Medicare and Medicaid data analysis, health policy and reimbursement support services," said Ethan Leder, CEO of UBC. "We now offer an unmatched portfolio of reimbursement capabilities. This acquisition fulfills a significant unmet market need by providing robust Medicare and Medicaid data resources coupled with top reimbursement, legislative and regulatory experts with real world experience at CMS and other key government agencies. We believe UBC now represents the industry's most valuable resource for navigating the Medicare and Medicaid landscape."
"Our expansive databases and years of expertise will reinforce UBC's position as the market leader in Medicare and Medicaid advisory and reimbursement services," said Dr. Muse. "The addition of our analytic capabilities will allow UBC to deliver a higher level of value to their client portfolio."
The addition of Muse & Associates is the latest in a series of acquisitions announced since UBC raised $153 million in equity capital from a syndicate of leading private equity firms.
About United BioSource Corporation
United BioSource Corporation (UBC) delivers scientific evidence to demonstrate the value of pharmaceuticals, biotechnology, and medical devices. UBC's global operations are managed by research scientists and industry experts in offices throughout North America and Europe. The company is headquartered in Bethesda, Maryland. For more information, please visit http://www.unitedbiosource.com.
About Muse & Associates
Muse & Associates is a full service strategic consulting and data analysis firm specializing in a variety of Medicare and Medicaid services for the pharmaceutical, biotechnology, and medical device industries, as well as a number of health-related trade associations. The company is headquartered in Washington D.C. For more information, please visit http://www.muse-associates.com.
United BioSource CorporationCONTACT: Rob Norton of United BioSource Corporation, +1-240-644-0426,robert.norton@unitedbiosource.com
