Why Independent Pharmacies Need to Reconcile Claims

pharmacy claims - man using credit card with laptop
Few things are worse than checking your balance and seeing a lower number than you expect. Two decades ago, the NCPA filed a report on the differences between amounts approved and amounts paid to independent pharmacies by third-party payers. They found that when there was a difference, the pharmacy lost an average of $20 per
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The Future of Pharmacy Claims Reconciliation

pharmacy claims reconciliation
Claims reconciliation is a necessity for small, independent pharmacies. As a pharmacy owner, you simply can’t afford to not reconcile your claims. Unlike large, big-box stores with corporate support, independent pharmacies rely on third-party reimbursements to keep the lights on and ensure their business thrives. Reconciling each claim accurately and efficiently is crucial for improving
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How You Can Create More Time for Your Patients (Infographic)

fds - more time in the day - infographic
During a recent webinar, we asked all the pharmacists in attendance what they needed more of during this challenging time. The answer was nearly unanimous: Time. Pharmacists want more time with their patients. They want more time for training and working with their staff. They want more time to keep up with the business end
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Perform Pharmacy Claims Reconciliation Like a Boss

Perform Pharmacy Claims Reconciliation Like a Boss
According to the Henry J. Kaiser Family Foundation, pharmacies across the country filled 10.5 million prescriptions per day in 2018. Of those, only five percent were paid for without a third-party payer involved. That leaves 95 percent of the average pharmacy’s prescription revenue tied up with private insurance companies and government health insurance programs. That’s
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