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The passage reads, "Whoever can be trusted with small things can also be trusted with big things." We believe, at the core, that when you trust us with small advisory solutions upfront then it will grow into a results-driven appreciation and trust. Drug Rebates have been identified as our obvious "relationship builder". It represents the greatest opportunity with the least amount of disruption or burden on the day-to-day operations. We will navigate the path for you to receive the dollars you are missing out on!
Whether or not you are already receiving Part A Drug Rebates, this is the first step to earning MORE! Drug Rebates are the most practical and logical place for any LTC Provider to start, because Rebates offer the highest ROI with the lowest operational disruption. Where else in the budgetary process can you immediately, Month One, change the expense delta by 10% - 20%?
Our process starts here. We offer a 1-time, RISK FREE and NO OBLIGATION Rebate Analysis. This preliminary Rebate Analysis will show what your estimated quarterly rebate will be. Simply, we request 3 months of electronic, de-identified pharmacy billing detail. This includes all charges for a patient population that is the direct responsibility of the SNF (i.e. Medicare A, Managed Care, House/Stock, Payor Non-covered, etc.). This dataset includes:
*Our minimum dataset is required for a standard Rebate Analysis (note: these elements will not provide enough data to complete a re-price that provides a comparison to the SNF's current pharmacy billing terms).
Just like the Rebate Analysis, we can perform a 1-time, RISK-FREE and NO OBLIGATION Reprice Analysis. If this type of audit / analysis is desired, the following additional elements are required to provide a detailed comparison to the current pharmacy billing terms. Our specialized reports will outline the findings in a clear and understandable format.
Whether your LTC organization is already collecting Drug Rebates OR Not. You have come to the right place to truly learn how to Maximize your Profit Potential. Don't just be satisfied with new found money. We GUARANTEE that our contracts will outperform our competitors! Not just by increasing the Drug Rebate Profit, but by simply increasing your percentage share. Right now you have an opportunity from the medications that are dispensed...and you pay for...every month...to pay you back. Don't let another month pass you by!
*** Veranda Rx is providing estimates of the total amounts with the parties complete understanding that the actual results may differ. Any reports or amount estimates are used only for analytical purposes and for a specific period. There are no warranties, express or implied, for the data, amounts, or for any particular purpose. Veranda Rx shall not be liable for inaccuracies contained in the data. The recipient hereby expressly understands all risks related to the use of or reliance of the data and that the amounts to be paid shall be strictly governed by the terms of the parties agreement, as amended from time to time.
De-identification Standard: Each analysis meets Section 164.514(a) of the HIPAA Privacy Rule, which provides the standard for de-identification of protected health information. Under this standard, health information is not individually identifiable if it does not identify an individual and if the covered entity has no reasonable basis to believe it can be used to identify an individual.
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