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Pharmacy Contract and Revenue Management


Industry-specific offerings: Master Data Management  |  Lean Store Outsourcing  |  Pharmacy Contract and Revenue Management

 

 

End to End - PCRM Practice

Infosys BPO's Pharmacy Contract and Revenue Management (PCRM) solution measures compliance of actual payments received against contractual obligations with third-party payers (PBMs). The solution verifies third-party claim reimbursements, highlights short/over payments and provides insights into plan profitability or utilization.


This solution is based on Infosys BPO's consulting, system development/ integration expertise and domain knowledge of the retail pharmacy business.


The PCRM solution addresses business challenges and measures the compliance of actual payments received against contractual obligations with third party Pharmacy Benefits Managers (PBMs).

 

 

The Retail Pharmacy Challenge

Key capabilities

  • Contract management and analysis
  • Configurable business rules
  • Insightful business intelligence

 

Benefits
  • Plugs revenue leakage by identifying short-payments
  • Prevents future liabilities by identifying over-payments and netting them off against short-payments
  • Increased ability for real-time analytics on claim reimbursement patterns
  • Monitors metrics - plan, payer-performance (including profitability) and utilization - leading to insightful information for negotiating and renewing contracts

 

Back to Retail offerings


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