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| Pharmacy Spend & Revenue Linkage |
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Bridge the costly and inefficient gap between pharmacy costs and revenue cycle data with CrossWalk® Pharmacy. With incorporated best practice information, healthcare providers can realize improvements in both revenue and compliance.
Dissolve information silos
- Provides valuable visibility between pharmacy operations and the revenue cycle to manage changing pharmacy supply mix and maintain correct chargemaster links
- Consolidates data from multiple sources eliminating manual processes
- Identifies issues in costing, pricing and coding with data exception reports
Identify revenue opportunities
- Detects missed revenue based on non-compliance with mark-up strategies
- Pinpoints missing and incorrect charges ensuring chargemaster completeness and maximum reimbursement
- Facilitates pricing based on true cost
- Creates detailed and actionable financial improvement reports rather than market percentiles or across the board increases
Improve compliance and defensible pricing strategies
- Supports transparency and data integrity with side-by-side visibility between costs and charges
- Enforces prices based on mark-up strategy to meet gross and net revenue goals
- Indicates areas for financial or compliance improvement with clean, accurate data and management reports
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Improve your Operating Margins
MedAssets improves and sustains operating margins by 1.5% to 5%.
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