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Specialty Pharmacy Medical
Benefits Billing
Visit our Website : www.transactrx.com
Specialty Pharmacy Medical
Benefits Billing
In today's Specialty Pharmacy market the
allocation of the benefit design is estimated to
be 50% on the pharmacy benefit and 50% on
the medical benefit. This means that half the
time you are either billing the Pharmacy Benefit
Manager (PBM) benefit or the Health Plan.
Specialty Pharmacy Medical
Benefits Billing
The percentages will vary depending on the
disease state(s) you support, but in either case, if
you are a Specialty Pharmacy billing medical
claims you are full aware of the additional pain that
it creates. There is a lot more front-end work to
verify eligibility, understand patient co-pay or even
know if a pre-authorization is required.
Specialty Pharmacy Solution
The TransactRx Cross Benefit Platform provides a solution
to this problem :
•Submit your medical claims directly from you existing pharmacy
system
•Real-time eligibility and patient responsibility response using
standardized NCPDP message codes
Specialty Pharmacy Solution
• Benefit design rules and edits can be loaded and managed by the
system
• Cross Benefit coding and billing rules are built into the system
• The TransactRx Cross Benefit Clearinghouse converts the claim
into a properly formatted ACS X12 and submits to Medicare Part B
or commercial payors using your existing contracts
Specialty Pharmacy Solution
• TransactRx manages the submission, collections and reconciliation
of all claims. TransactRx pays you twice a month on all collections
received within the previous cycle
• TransactRx provides you with a detailed remittance advice and an
835 file than can be easily downloaded directly into your pharmacy
software system.
Specialty Pharmacy Solution
Specialty Pharmacies of all types that have a mix of claim
processing needs that span both pharmacy benefits and
medical benefits can lower billing and collection costs,
increase efficiencies and remove one of the headaches
from your business so that you can focus on patient care.
Contact Us
Customer Care Services:
5146 W. Whispering Wind Dr
Glendale, AZ 85310
Telephone: 866-522-3386
Sales Office:
5146 W. Whispering Wind Dr
Glendale, AZ 85310
Telephone: 800-971-3890
Corporate Office & General Inquiries:
999 Ponce de Leon Blvd, Suite 515
Coral Gables, FL 33134
Telephone: 800-971-5500
Visit our Website : www.transactrx.com

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Specialty Pharmacy Medical Benefits Billing

  • 1. Specialty Pharmacy Medical Benefits Billing Visit our Website : www.transactrx.com
  • 2. Specialty Pharmacy Medical Benefits Billing In today's Specialty Pharmacy market the allocation of the benefit design is estimated to be 50% on the pharmacy benefit and 50% on the medical benefit. This means that half the time you are either billing the Pharmacy Benefit Manager (PBM) benefit or the Health Plan.
  • 3. Specialty Pharmacy Medical Benefits Billing The percentages will vary depending on the disease state(s) you support, but in either case, if you are a Specialty Pharmacy billing medical claims you are full aware of the additional pain that it creates. There is a lot more front-end work to verify eligibility, understand patient co-pay or even know if a pre-authorization is required.
  • 4. Specialty Pharmacy Solution The TransactRx Cross Benefit Platform provides a solution to this problem : •Submit your medical claims directly from you existing pharmacy system •Real-time eligibility and patient responsibility response using standardized NCPDP message codes
  • 5. Specialty Pharmacy Solution • Benefit design rules and edits can be loaded and managed by the system • Cross Benefit coding and billing rules are built into the system • The TransactRx Cross Benefit Clearinghouse converts the claim into a properly formatted ACS X12 and submits to Medicare Part B or commercial payors using your existing contracts
  • 6. Specialty Pharmacy Solution • TransactRx manages the submission, collections and reconciliation of all claims. TransactRx pays you twice a month on all collections received within the previous cycle • TransactRx provides you with a detailed remittance advice and an 835 file than can be easily downloaded directly into your pharmacy software system.
  • 7. Specialty Pharmacy Solution Specialty Pharmacies of all types that have a mix of claim processing needs that span both pharmacy benefits and medical benefits can lower billing and collection costs, increase efficiencies and remove one of the headaches from your business so that you can focus on patient care.
  • 8. Contact Us Customer Care Services: 5146 W. Whispering Wind Dr Glendale, AZ 85310 Telephone: 866-522-3386 Sales Office: 5146 W. Whispering Wind Dr Glendale, AZ 85310 Telephone: 800-971-3890 Corporate Office & General Inquiries: 999 Ponce de Leon Blvd, Suite 515 Coral Gables, FL 33134 Telephone: 800-971-5500 Visit our Website : www.transactrx.com