Pharmacy Analysis in VitalCDM
A single solution for managing your pharmacy and chargemaster.
Pharmacy is one of the biggest expense centers for facilities and the biggest culprits of revenue leakage in a health system. If any of the issues resonate with you below, please contact us today.
- Underpayments due to unit discrepancies in your pharmacy formulary
- Can’t easily review national and local medical necessity requirements for drugs in your formulary
- Aren't able to identify revenue codes that are not ideal for the CPT/HCPCS code applied to your medications
- Can't easily review your pricing against other pharmacy pricing benchmarks, including Medicare peer data and cost to charge percentage
- Don't receive NDC confirmation of HCPCS code as required for Medicare
- Don't have workflow and audit history functions to obtain full visibility into the processes surrounding your formulary
- Can't easily identify compliance risks associated to CPT/HCPCS codes and NDC codes
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Vitalware has impacted the entire hospital with everyone from the compliance department to pharmacy and the business offices using the platform. Our investment in the solution has not only proven a return when it comes to efficiency and accuracy, but more importantly, it has proven beneficial for our employees, and their satisfaction is an outcome we are proud of.— Connie Marinucci Compliance Manager Parkview Medical Center