Partner Highlight: Net-Rx
Net-Rx is an MHA Solution specializing in operational and software-driven services for pharmacies for over 15 years. Our partnership allows pharmacies to benefit from both company's combined expertise and resources and the efficiencies enabled by SoftWriters' bi-directional interfaces.
Net-Rx is well-known in the pharmacy industry for providing a platform for advanced business analytics that helps drive operational excellence and financial performance in reconciliation, reimbursement verification, and prescription pricing. The company has a strong track record of delivering superior support, actionable insights, and proven results to many of the most recognizable pharmacies in the country. In addition, Net-Rx has specialized expertise in serving the unique needs of long-term care pharmacies, which face specific challenges in meeting the needs of their patients and facilities while successfully managing their businesses. Net-Rx's solutions, such as Contract Assure, EditRx, Metric-Rx, Price-It Rx, RecRx, Reimbursement Suite, and Script-IQ, help long-term care pharmacies optimize performance, minimize risk, improve profitability, maintain compliance, and demonstrate superior service.
Through this partnership, SoftWriters offers its customers access to Net-Rx's market-leading pharmacy solutions and industry expertise, including Net-Rx's specialized solutions for long-term care pharmacies. This enables pharmacies to optimize their operations and financial performance while leveraging SoftWriters' highly functional interfaces to facilitate data sharing and efficiencies.
Explore Net-Rx’s Solutions
Contract Assure
Contract Assure verifies that your LTC pharmacy is paid according to your MHA Long Term Care Network negotiated contracted rate for Medicare Part D plans. Contract Assure provides assurance through audit, reconciliation, and verification of all third-party claims, enabling you to recover missing revenue. When you add Script-IQ® to Contract Assure, the contracted rate is verified before the claim is transmitted to the Switch or Payer to reduce payment errors.
EditRx
EditRx is an enhanced claims editing service using proprietary analytics with the support of a dedicated Reimbursement Analyst to detect billing and database errors after processing has occurred. By providing pharmacies with exception-based reporting and consulting, we give you the ability to correct errors and recover revenue that would otherwise be lost. Additionally, when EditRx works together with Script-IQ®, you may achieve improved revenue management by having insight into the claim before and after processing.
Metric-Rx®
Metric-Rx® is an advanced business analytics platform offered within the Net-Rx suite of reimbursement solutions. Metric-Rx gives pharmacy owners and operators an actionable, multi-tiered view of their business through dashboards and reports that reveal key performance indicators such as profitability, utilization, and comparable metrics. The result is a platform that enables users to connect to the information quickly and intuitively they need to identify trends, benchmark performance, and make informed business decisions.
Price-It Rx
Price-It Rx delivers consistent real-time cash pricing and can be utilized to help manage private pay contracts. Price-It Rx creates uniform, competitive pricing to support consumer confidence and help increase operational efficiencies. A personalized process determines prices by using a pharmacy pricing consultant to help you understand your core business drivers.
RecRx
RecRx is a third-party claims reconciliation solution that automates the process of matching your insurance payments to your dispense system claims data saving you time and improving cash flow management.
Reimbursement Suite
The power of analytics comes from aggregating data and insights from multiple areas across your enterprise. Combine that with the support of industry experts, and pharmacies have access to a powerful resource to manage their revenue cycle. Net-Rx’s Reimbursement Suite is an integrated service offering that helps protect revenue and maximize profitability by detecting billing and database errors, identifying underpayment of claims and nonpayment of claims, and providing an actionable view of data-driven insights. In addition, a dedicated Reimbursement Analyst will provide guidance to correct errors and recover otherwise lost revenue. Net-Rx Reimbursement Suite of Solutions enables your pharmacy to identify revenue opportunities and operate efficiently. When you add Script-IQ® to the Reimbursement Suite, you may achieve improved revenue management by adding insight into the claim before processing.
Script-IQ®
Script-IQ is a custom-designed solution for long-term care pharmacies to transform the claim quality checking process. Integrating Script-IQ directly with your dispensing software enables claim evaluation to occur before the transaction hits the switching system and payer processor. In addition, script-IQ’s focused set of LTC-specific rules and exclusive pricing verification is built to your desired configuration to help improve reimbursements, payment timeliness, and efficiency.
The partnership between SoftWriters and Net-Rx is a win-win for the pharmacies that benefit from their combined expertise and resources. Net-Rx's deep industry knowledge and proven track record, combined with SoftWriters' highly functional interfaces, help pharmacies streamline their operations and improve financial performance. In addition, both companies are committed to exceeding the expectations of their customers, partners, and associates, and this partnership is a testament to that commitment.