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We help customers quickly analyze the accuracy and variations of their pharmacy and financial systems data. Significant variances between medication purchases and utilization may indicate problems related to charging systems, data transfers, diversion, sub-optimal inventory management practices or waste. We help ensure the accuracy of medication utilization and charging data through a comprehensive review and update of the Pharmacy Product Master to support patient charge processing, reimbursement submissions, bedside barcoding verification, and 340B split inventory billing. In fact, we find that on average, the typical Pharmacy Product Master has over 750 NDC mismatches between purchases and utilization identified per month.
About our experts
We maintain a dedicated staff of Pharmacy Product Master experts who have proven methods for the rapid identification of problem areas, and extensive knowledge of effective strategies and tactics to improve systems.
How can we help?
We provide a Purchase versus Utilization audit that includes an updated Pharmacy Product Master report file and a Purchase versus Utilization report that can identify potential issues with charge capture and inventory control. In addition, we can perform ongoing maintenance services to ensure the Pharmacy Product Master data integrity is sustained. Please contact us today to learn how our industry-leading experts can help your hospital.