Delivering accuracy, automation and expert analytics for long-term care pharmacies
Reimbursement Services helps alleviate claim inaccuracies and burdensome administrative tasks that can interfere with a pharmacy’s focus on the specialized needs of long-term care patients.
Net-Rx’s portfolio of products includes RecRx, a claims reconciliation service that:
- Ensures the pharmacy is correctly compensated by third-party insurers
- Provides an automated, web-based system that verifies every payment so that a pharmacy is paid according to the agreed upon amount from adjudication
- Lists discrepancies in near time through an online portal, which makes the auditing process easy, fast and efficient
- Provides direct payment of claims to the pharmacy instead of the slower, central-pay system that ties up cash for up to 36 hours
- Includes follow-up tools to track and manage missing payments
"I have NO idea how I kept track of insurance without Net-Rx, actually I do know how - I didn't!!! After about a month on your program I inquired about an Argus check for about $4,300.00 which was overdue (I knew this because of your program). They ended up reissuing the check. I am a pretty hard person to please, but I mean it when I said I do not know how I did it before."
Carl Bannon
Bannon Pharmacy, Inc
We also offer Contract Assure, a value-add service that:
- Verifies your rate calculations to ensure a pharmacy is paid according to the Managed Health Care Associates, Inc. (MHA) negotiated rate on your Medicare D plan
- Ensures you are sending a Location Code
- Secures accurate payment to your contracted rate
- Identifies non-matched Location Codes
- Provides a convenient report from which to recover missing revenue
Edit Rx from Net-Rx is a personalized service that:
- Provides an expert claims analyst to help pharmacies resolve claims issues
- Identifies administrative inaccuracies
- Helps ensure that pharmacies achieve the highest reimbursement level possible for pharmaceuticals that are vital to treating the unique needs of long-term care patients