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Why Independent Pharmacies Need to Reconcile Claims

Friday, 25 September 2020 by Ryan Haddock
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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Perform Pharmacy Claims Reconciliation Like a Boss

Tuesday, 28 May 2019 by Ryan Haddock
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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ABOUT US

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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