PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Pro Pharma Pharmaceutical Consultants, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Pro Pharma Announces Invoice Screening™ Report for 'Quick Rx Claims Screen' - Effective January 6, for entire 1Q of 2009 claims and billing professionals are able to submit no more than 1000 claims in electronic data format and receive a “Quick Rx Claims Screen” Report to evaluate
Pro Pharma Announces Invoice Screening™ Report for 'Quick Rx Claims Screen'

 

NewswireToday - /newswire/ - Northridge, CA, United States, 2009/02/06 - Effective January 6, for entire 1Q of 2009 claims and billing professionals are able to submit no more than 1000 claims in electronic data format and receive a “Quick Rx Claims Screen” Report to evaluate.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Pro Pharma Pharmaceutical Consultants, Inc., a pharmaceutical consultant organization which focuses on data analytical expertise, announced today that the Invoice Screening™ Report is now available in quick, short form layout - “Quick Rx Claims Screen”. Effective January 6, 2009 for entire 1Q of 2009 claims and billing professionals are able to submit no more than 1000 claims in electronic data format and receive FREE of charge a “Quick Rx Claims Screen” Report to evaluate.

Pro Pharma has developed Invoice Screening™ Report “Quick Rx Claims Screen” to assist Providers, Physicians, and Pharmacies with management of rejected Rx claims that did not meet contract requirements pre-adjudication by:
1. Collecting dollars from inappropriately paid Rx claims.
2. Correcting Rx claims payment process of vendors.
3. Controlling provider “abuse”.

“Review of biweekly PBM Pharmacy Invoices for Preadjudication Claims could save you 10-15%", said Craig Stern, PharmD, MBA, President of Pro Pharma Pharmaceutical Consultants, Inc. “Savings for most clients are realized when Pharmacy Invoice Amounts are verified and Billing Details are screened in Formulary Compliance, Eligibility, Pricing / Mac Compliance, Invalid Claims and Excluded Benefits. Oversight and Management of Vendor Claims Adjudication “real time” puts control of money back into your pocket "

Benefits of Screening Invoices Every Two Weeks at Check Write Are:
• Turn-Around Time (TAT) is within 2-3 business days of receipt of the data, to prevent payment on rejections;
• Put Dollars Back in Your Pockets ASAP;
• Peripheral Identification of MDs and Pharmacies responsible for higher costs and/or for potential “abuse”.

Using standard NCPDP format Rx Claims data and invoices can be analyzed in the following key areas:

• Generic Switch Opportunities;
• Invalid DEA/NPI for Prescribers (Fraud savings potential);
• Invalid NDCs for drugs (Invalid re-pricing or bad prescribing);
• Generic Pricing Discrepancies (without MAC);
• Brand Pricing Discrepancies;
• Unrealized Opportunity Savings (Redbook).

In addition the following cost breakdowns can also be provided based on the same datasets:
• Weighted Average Rx drug pricing reports;
• Group price comparisons;
• Mail/Retail/OTC price comparisons.

Key Point:
Invoice Screening™ Report identifies areas to eliminate payment errors, categorize problems previously unidentified or historically not addressed, and puts money back in the employer pocket.

Pro Pharma seeks to help clients minimize their spending by pointing out opportunities for savings which are not commonly addressed by PBMs.

Every penny counts… Does your dollar make sense? Call and signup today for your FREE Invoice Screening™ Report “Quick Rx Claims Screen” today.

About Pro Pharma Pharmaceutical Consultants, Inc.
Pro Pharma (propharmaconsultants.com) is a multi-service, woman owned, privately held consulting firm offering a vast portfolio of services to public and private entities including self-insured employers, Taft Hartley Trusts and unions, public employers, for-profit hospitals and integrated health networks, health care insurance companies, worker's compensation insurers, small-to-medium sized HMO's, and physician groups.

As a primary service to plan sponsors for achieving below trend results, PRO PHARMA provides an integrated program of administrative process improvements, clinical quality oversight, and provider/member education.

PRO PHARMA’s Consulting services are grounded in the use of data and the communication of that information to define benefit trends, drivers and other analytical indicators. PRO PHARMA markets Biotech Modeling™, JCode Calculator™, Quality Management Program™, and Treatment Calendar™. The Company directly markets its products in the U.S. and collaborates with partners to reach international markets.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Pro Pharma Pharmaceutical Consultants, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 

 
  Your Banner Ad showing on ALL
Pharma/BioTech/Nutrition articles,
CATCH Visitors via Your Competitors Announcements!


Pro Pharma Announces Invoice Screening™ Report for 'Quick Rx Claims Screen'

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Carol Stern - ProPharmaConsultants.com 
818-701-5438 carol.stern[.]propharmaconsultants.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Pro Pharma Pharmaceutical Consultants, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Pharma/BioTech/Nutrition via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Pro Pharma Pharmaceutical Consultants, Inc. / Company Profile


Read Pharma/BioTech/Nutrition Most Recent Related Newswires:

FDA Grants Breakthrough Therapy Designation for Rituxan® (Rituximab) in Pemphigus Vulgaris
MDxHealth Signs Agreement with Lab21 to Make SelectMDx Liquid Biopsy Test Available in the United Kingdom
Greenphire Drives Global Site Adoption of Clinical Trial Payment Solutions
SelectMDx Chosen by Michigan Medicine as Pre-biopsy Diagnostic Tool in Groundbreaking US Prostate Cancer Risk Clinic
BTG Announces CE Mark Certification for DC Bead LUMI™ - The First Commercially Available Radiopaque Drug-Eluting Bead
Sartorius to Acquire Real-time Live-cell Analysis Pioneer and Leader Essen BioScience
Pyxis™ ES System to Help U.S. Department of Defense Advance Medication Safety and Patient Care
BTG Receives U.S. FDA 510(k) Clearance for EKOS® Control Unit 4.0
MDxHealth Announces Agreement with Istituto Diagnostico Varelli for Distribution of SelectMDx Throughout Central-South Italy
BD Veritor™ System Meets FDA’s New Performance Requirements for Rapid Influenza Antigen Detection Tests
Sub-Sahara Africa - Increase in Western Lifestyles Leads to Dire Need for Chronic Prescription Drugs Finds Frost & Sullivan
BD Initiates New Industry Alliance to Combat Rising Opioid Crisis
BTG and Society of Interventional Oncology to Explore Role of Minimally Invasive Therapies in Immuno-oncology
Ipsen to Acquire a Portfolio of Select Consumer Healthcare Products from Sanofi
BD Announces Early Access Program for BD Resolve™ Single-Cell Analysis Platform

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)