1-727-474-1300
CONTRACT MANAGEMENT SOLUTIONS
Pharmacy Administration Solutions
Technology and Cash Management
Third-party payment optimization management is necessary to survive in today's retail pharmacy market. You have tighten the management so that each transaction is quickly audited the billing of transactions in a timely so you can realize cash more quickly. The margins in today's retail pharmacy industry are not what they were 10 years ago. The days of Average Wholesale Price PLUS a percentage for reimbursement are long gone. Businesses have to run leaner and meaner than ever.
The cost of doing business is up and profit margins are down. This is the result of the influx of new and more expensive drugs, prescription volume, managed care and the regulatory issues that require the rethinking of security, coding and overall information management. As contradictory as it may seem, technology can support cash management. Technology is the tool that manages the information you need to run your business successfully and keep a watchful eye on cash and its movement through, in or out of the business.
Technology ultimately supports one thing, cash management. Reporting mechanisms and access to information is integral to making informed decisions about the business. How can you get the information you need without technology? How can you make management decisions, without information? The key is to present that information, in specific formats that are useful in making good decisions.
Data management must support the strategic goals of the business: profitability, cash flow the age and position of receivables. How can a business be effectively managed without data?
Can You Answer the following Questions?
1. Are you getting paid the full contracted amount on each third-party payer claim?
2. Can you verify that you are being paid the full contracted amount on each claim?
If the answer is not "YES", Call 727.474.1300 today!
The Company's Software and Database Services Audit the dollar amounts paid by the PBM.
The Company's proven solution stops revenue leaks and provides Business Intelligence Tools to optimize Third-party Contract Negotiations. Trust our Company to Audit Claims with passion and ethics that are needed to reduce fraud and fight for the Hardworking small pharmacy owners.
Our Products + Services = Profit and Growth for You
START THE PROCESS TODAY
STEPS:
Collaborate and Join our Effort to Establish a large network of pharmacies who wish to collaborate on a single Health Information Exchange Network designed for Pharmacy
Call Me Today! Carl Heffner , Founder 727-474-1300
Claims are grouped and detailed "Reasons" are listed for each problem found (ie. Drug Misclassified as a Generic by the Plan's Processor, Old MAC List Used, Dispense Fee underpaid, etc.)
Take Control and Negotiate Better Terms with PBM's
Your Sales and Contracting experts simply plug in new terms, formularies or MAC Lists during negotiations to determine how new rates, will influence the "bottom line". The system will calculate acceptable terms based on historical claims data.
Pharmacy Technology Specialists
Additional Services offered
Pharmacy Management Systems
Pharmacy System Interfaces
Data Warehouse Specialists
Drug Databases (FDB, MediSpan, Micromedex, and Gold Standard)
Claims adjudication and billing solutions
Electronic Prescription Solutions
Web Refill and Rx Lookup
File Conversions
Business Analysts
Hardware and Integration Consultants
Develop Custom Solutions to Centralize Pharmacy Files
Contact Information:
Carl Heffner , CEO and Founder
1-727-474-1300 (Voice)
cheffner@hisdata.com