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Many pharmacies face challenges in managing the high volume of prescriptions, adjudicating claims quickly and accurately, staying compliant with regulations, and maintaining both productivity and profitability. To keep pace with the ever-changing industry, pharmacies need scalable solutions that meet their unique patient care objectives and business goals.
Increase in audit costs[0]KFF Health News, Pharmacies Face Extra Audit Burdens That Threaten Their Existence, Aug 6, 2021
The average audit in 2020 cost a pharmacy $23,978 — 35% more than the annual average over the previous five years.
of pharmacists[0]CoverMyMeds Provider & Pharmacist Surveys, 2022
of patients [0]CoverMyMeds Patient Survey, 2022
CoverMyMeds’ comprehensive Pharmacy Operation solutions help more than 50,000 U.S. retail pharmacies optimize financial and operational performance with products that assist with audit protection, reimbursement management, patient safety and operational efficiencies.
Pre- and Post-Editing (PPE) Services from CoverMyMeds automates the critical elements of pharmacy claim adjudication. By providing actionable messages specific to each claim, PPE enables staff to make faster, more informed decisions that can help increase revenue and productivity.
“As a former pharmacist, I remember the computer monitors full of sticky note reminders. I’m passionate about finding ways to make pharmacists’ lives easier and giving them time back so they can continue taking on primary care. It’s exciting.”
