RecRx

Did you get the "promise to pay" amount from the payer?

RecRx uses your electronic remittance advices to capture all pharmacy payments, which are then audited, reconciled and verified. Pharmacies have 24/7 access to a Web Portal that lists discrepancies in real time, enabling the pharmacy to identify and correct reimbursement from third-party payers. 

How RecRx Helps to Ensure Accurate Third-Party Reimbursements

Third Party Accounts Receivable

Are you able to easily quantify and qualify your month end numbers to close your books?

Accounts Receivable is an add-on service which offers a monthly accounting of sales and payments captured within the RecRx tool. It provides pharmacies with valuable data that is helpful in financial reporting. By comparing claims to payments, Accounts Receivable reporting summarizes third-party claims, payments, fees, adjustments and quantifies final outstanding values for the month.

Benefits & Features:  

• Improve process efficiencies
• View reconciled claims
• Identify partially and unpaid claims
• Reduce paper remittances
• Financial and Total Sales reporting tools
• Track PBM fees and adjustments
• Extended Customer Support hours: Monday-Friday 9am-8pm Eastern Standard Time via phone, e-mail, and live chat

For more information about RecRx and the Accounts Receivable add-on service, fill out our contact form.