Identify outstanding receivables and monitor third-party payments without doing the work yourself:
Prescription reimbursements: What are you leaving on the table?
Stop using manual processes to chase down unpaid claims and slow-paying third parties.
Using FDS ECONCILE, FDS customers:
Identified missing reimbursements up to $152,000
Reduced unreconciled payments older than 60 days by 40%
Reduced average unreconciled payments from $1.034 million to $218,000
Stop the revenue drain with reconciliation
Make claims and accounts receivable always available to you, your office manager, or your bookkeeper.
 | Verify third-party payments | |||
| Pinpoint unpaid claims | |||
| Measure payor performance | |||
| View claims payment discrepancies | |||
| Track open receivables to the claim level | |||
Pharmacy reconciliation, tailored to your needs
Managing the torrent of unreconciled claims for prescription fills is time that could be better spent at your pharmacy counter interacting with patients. With cloud-based FDS ECONCILE, you can choose the level of service that’s right for your business:
FDS ECONCILE Complete:
| With FDS ECONCILE Complete, FDS enters all payments, generates finance reports, and chases claims on your behalf. A dedicated recon analyst helps you spend more time with your patients, and less time chasing down payments. | |||
FDS ECONCILE Auto:
| With FDS ECONCILE Auto, we automatically collect 835 files from payors, match your posted payments to prescription claims, and grant you access to the same platform used by our expert recon analysts so you can handle reconciliations with ease. | |||
Reconciliation made easy
With FDS ECONCILE, you can do reconciliation the way you’ve wanted to, without sacrificing the time or manpower.
The average independent pharmacy fills 200 prescriptions a day, 95 percent of which are filled through an insurance program. That’s 1,330 claims per week you need to track.
Every minute you spend chasing down payments is a minute that could be better spent on patient care.
We strengthen the health of pharmacies and their patients
Providing pharmacies with the tools for business and clinical empowerment. Become a New Era Pharmacy and a trusted community caregiver at the center of your patients’ value-based care team.
12,000+ customers and counting
We work with leading PSAOs, GPOs and
PMSs to equip community pharmacies with
the tools to become the focal point of their community’s care team
Business and clinical care solutions
to help you care for your patients
and your business
We strengthen the health of pharmacies and their patients. At FDS, we help our clients build the clinically focused New Era Pharmacy, enabling their business to thrive now and successfully transition to a provider of community and population health with data, technology, and clinical services.
We’re not just a technology company but a team of pharmacy experts with experience and playbooks developed from our work with more than 10,000 pharmacies and partnerships with leading PSAOs. Our clients have improved adherence and care coordination in their communities while achieving significant increases to revenue and profitability.
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