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Pharmacist Reimbursement: Tips to Improve from the Leaders

Pharmacies today are home to various financial challenges that result from their limited role, rising medication cost, complex contracts with insurance providers and ever-evolving regulatory policies that tend to work in favor of the patients. They often face cost pressures that impact their revenue cycle management. While focusing on various aspects of running a pharmacy […]

New Technology to Improve Pharmaceutical Industry

Modernizing pharmacy is the new way to help industry to adopt scientifically sound novel technologies that helps manufacture quality medicines that are consistently effective and safe. Technology changes in pharmacy are not a new thing; but there was a hesitation of adopting the technology. Gradually the industry now embraces the information exchange via drug bar […]

Strong Prior Authorization for Affordable Pharmacy Billing

Prior authorization (PA) requires a pharmacy to obtain approval from your health insurer to dispense a specific medication prescribed by the doctor to you. The PA clause is usually put to use in case for very expensive medication. The adoption of PA technique is known to minimize health care costs, as the benefits are only […]

Why are Pharmacy Billing Specialist Important for Maximizing Revenue?

Amidst cut-throat competition widespread in the medical industry and margins that have maintained a constant downward run, only a well-managed Pharmacy can maintain a sustainable existence. Pharmacy Billing Specialists with the help of automated management systems, mind-full billing techniques and procedures pursue every feasible measure to turn the business into a profiteering one. Anyone who […]

Pharmacy Billing – In house V/s Outsourcing

A pharmacist working along with a physician is the kind of teamwork visualized by the Affordable Care Act, which encourages the medical-home model. Like physicians, Pharmacists work with patients at both large integrated health systems, as well as small primary care practices. And as a result, many pharmacists find their revenue hitting the wall due […]

EBook Overview of Pharmacists: Challenges, Strategies, Effective Guidelines & Processes

The changing healthcare landscape is impacting pharmacists in the US to face new challenges and look for innovative ways to create an effective and efficient pharmacy system. This ebook titled Pharmacists: Challenges, Strategies, Effective Guidelines & Processes is an excellent compilation of the challenges being faced by pharmacists and the strategies that have been introduced […]

The Role of Pharmacist in Healthcare System

Pharmacists are the most accessible healthcare professionals in any community. Due to the medication and information they provide, pharmacists abet in getting patients healthy thereby influencing the healthcare delivery. Pharmacists also assist in building product knowledge along with acquiring and informing new patients. A few decades ago, a pharmacist simply provided medication to a patient […]

Why is Experience and Expertise a Necessity in Pharmacy Billing?

Pharmacy billing cannot be taken lightly; of course advances in technology do help in removing the monotony and glitches associated with such repetitive tasks. It is indeed quite a challenge to be able to survive with competition breathing down your neck and wafer-thin margins threatening to eat into your revenues. Pharmacy companies are increasingly moving […]

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