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What is VerifyRX?

VerifyRx is an innovative solution for prescriber verification that emphasizes compliance and is specifically designed for pharmacies and pharmacy benefit managers (PBMs), seamlessly integrating with their established workflows. This robust system handles millions of transactions each day, ensuring that prescriber details are continuously updated in real-time by utilizing data from various sources, including the Drug Enforcement Administration (DEA), state regulatory bodies, and the National Technical Information Service (NTIS). By operating within the pharmacy workflow, VerifyRx not only refreshes extensive prescriber information but also conducts immediate compliance checks on prescription transactions prior to their submission to payers. Such a proactive strategy helps retail and specialty pharmacies reduce regulatory risks by pinpointing potential inaccuracies in claims before medications are dispensed to patients. Consequently, VerifyRx plays a crucial role in enhancing the efficiency of pharmacy operations, while simultaneously reinforcing compliance with regulatory requirements. The system’s ability to streamline processes and safeguard against errors ultimately contributes to better patient outcomes.

What is ScriptMed Specialty?

ScriptMed's pharmacy management software distinguishes itself as an industry leader, serving seven of the top ten specialty pharmacy companies in the United States. Utilizing the most comprehensive dataset, it streamlines the collection of crucial patient-specific information, thereby accelerating the medication fulfillment process and improving the quality of care. The platform's automated processing capabilities throughout the specialty and infusion pharmacy landscape can lower service costs by up to 17%. By harnessing real-time healthcare connectivity, advanced analytics, and automation, it dramatically reduces the time and costs involved in prescription filling. The software also empowers pharmacies to implement timely interventions and outreach initiatives by delivering immediate insights into patients, prescribers, payers, and medications. A key feature of the system is its synchronized medical claims processing, which allows multiple actions to be executed simultaneously, significantly hastening the medical billing cycle. This innovative strategy not only revolutionizes operational efficiency but also guarantees that pharmacies experience unmatched connectivity, functionality, and financial benefits in the competitive specialty pharmacy market. Consequently, healthcare providers are in a stronger position to meet patient demands swiftly and successfully, ensuring a higher standard of care. Ultimately, this advancement in pharmacy management contributes to a more effective healthcare ecosystem.

Media

Media

Integrations Supported

Accurint Virtual Crime Center
Availity
Bridger Insight XG
Clarify Health
Cognizant
CounselLink
CourtLink
Hg Mercury CRM
Lex Machina
Lexis
LexisNexis InterAction
LexisNexis Lead Integrity Attributes
LexisNexis Predictive Modeling
Nexis
Nexis Diligence
Nexis Newsdesk
Welltok SmartReach

Integrations Supported

DataStream
Inovalon ONE Platform
Inovalon Pharmacy Cloud

API Availability

API Availability

Has API

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LexisNexis

Date Founded

1970

Company Location

United States

Company Website

www.lexisnexis.com

Company Facts

Organization Name

Inovalon

Company Location

United States

Company Website

www.inovalon.com/products/pharmacy-cloud/scriptmed-specialty/

Categories and Features

Pharmacy

Not specified

Categories and Features

Pharmacy

Not specified

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