Trisus® Medication Formulary ensures purchased medications are accurately captured in the formulary, then coded and charged. By combining the formulary information, charge transactions, medication purchases, and using The Craneware Group’s proprietary reference and regulatory data, this solution provides visibility into formulary issues that, once corrected, can provide optimal reimbursement and compliance.
The Problem
Medication purchasing patterns are constantly changing in pharmacies due to:
- critical medication shortages
- urgent safety alerts
- new drug approvals
- reimbursement patterns
- unexpected events
Often, these changes are not incorporated into the formulary, so charge details can become outdated, resulting in under-billing or compliance issues.
“In 2021, Center for Drug Evaluation and Research (CDER)
https://www.fda.gov/
approved 50 new drugs. CDER identified 27 of the 50
novel drugs approved in 2021 (54%) as first-in-class”
The Solution:
By combining the formulary information, charge transactions, and medication purchases, Trisus Medication Formulary ensures purchased medications are accurately captured in the formulary, coded, and charged.
Complete and Accurate Formulary Data for Optimal Revenue
