News By Tag
News By Location
Follow on Google News
Point-of-Sale Savings for The New Fiscal Year Are Possible
Pro Pharma's Suite of Tools and Targeted Action Plans Have Proven to Improve Budget Control and Reduce Trend, both Financially and Clinically for Over 32 Years!
By: Pro Pharma Pharmaceutical Consultants
Carol Stern, CEO of Pro Pharma, states, "with the new fiscal year upon us, it is imperative to have tools which can lower spend at Point-Of-Sale (POS) and direct management priorities focused on building business in this challenging market." She goes on to state that "organizational software is effective to a point, but usually does not have the auditing capabilities for financial, clinical and performance to produce actionable results. This requires a unique and specific data analytical approach provided by experts with the knowledge and expertise to look not only for actions to take, but toward outcomes."
Dr. Craig Stern, President, adds that "action plans for change, whether financial or clinical, must be linked to clinical performance that improves budget control and reduces trend". He goes on to state, that "in that way, organizations and/or departments can have oversight, concurrently with analytics for budget management, and retrospectively with audits. Fraud Waste Abuse (FWA) and compliance audits for risk mitigation and compliance with state and federal requirements are also important areas for focus. in this way, organizations can make faster decisions and make "mid-course"
In addition to what is mentioned above, Pro Pharma has tools that can be implemented in your organization to lower spend at POS which also includes:
- JCode Calculator™ which assists with managing claims payment of specialty spend
- Custom MAC™ which assists with reducing cost to a "cost plus" basis
- Specialty Cost Reduction in batch review by experts, prior to payment
- Medical Rebates that remove all middle-man profits and places all Reductions in Cost of Goods Sold (COGS) with savings directed to your organization's pocket
Let us know your thoughts and if you are interested in seeing some of these functionalities at work on a free demo so that you can visualize how it might be of use to you and your organization at (888)701-5438, extension 725 or corp.office@
About PRO PHARMA
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.
Carol J. Stern
Pro Pharma Pharmaceutical Consultants, Inc.