Increase Your Revenue Using PharmaRebates
Rebate Collection Process
Receive Rx Data from Provider Clients
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- Client uploads Rx data in a batch claim file format
- Proprietary VRx Connect software applies clinical and data pre-submission validation rules
- Data is scrubbed for accuracy and completeness
- Files are submitted to pharmaceutical manufacturers and results are returned
- Auditing and formulary reviews are performed as needed
Information submitted by provider is available 24/7 via secure online portal
Rebate funds are distributed to healthcare providers quarterly
Remittance emailed to client with data and rebate amount detail
Manufacturer Rebates are available for injectables, brand name and specialty drugs administered to patients and billed to commercial health insurers and Medicare Parts A and B. Note: Medicaid, 340B and Medicare Part D claims are not eligible for rebates.
Our Services Include
1. A free, no risk, and no-obligation initial rebate assessment that allows you to decide if our services are right for you (No PHI data required for assessment).
2. After gathering your Rx data, it is submitted to VRx for analysis.
3. Rebates calculated.
4. Quarterly payments are made to clients with a full and detailed accounting.
Our Services Include
1. A free, no risk, and no-obligation initial rebate assessment that allows you to decide if our services are right for you (No PHI data required for assessment).
2. After gathering your Rx data, it is submitted to VRx for analysis.
3. After analysis the data is electronically transmitted to the pharma manufacturers for further evaluation.
5. Quarterly payments are made to clients with a full and detailed accounting.
Eligible Claims
Medications administered during inpatient hospital stays
Rx "Per Diem" (Medicare Part A)
Medications administered in outpatient settings
(Covered by medical insurance or Medicare Part B)
Uninsured / indigent care with uncollected medications
(excluding 340B)
Medications denied for insurance coverage