LOGIN

PharmSaver 2024 Q2 Newsletter

PharmSaver Staff
  • Home
  • New Pharmacy
  • About Us
  • Testimonials
  • Brochure
  • Blog
  • Contact Us
  • Drug Shortages

PharmSaver 2024 Q2 Newsletter

Posted by PharmSaver Staff on July 09, 2024 with update July 17, 2024
Blog Post
Spring 2022

Table of Contents

Featured Article:
The Reimbursement Alert Will Save You Money!

Tech Tips for Pharmacies:
How GLNs are Used

Did You Know?
The Big List of Pharmacy Terms

Feedback:
We Want to Hear From You

Featured Article

The Reimbursement Alert Will Save You Money!

PharmSaver’s Reimbursement Alert feature is something truly unique to our site that is available to pharmacies when they choose to use Purchase Order (PO) upload.  We will compare your pharmacy's dead net pricing to MAC data and run a prospective negative margin report. We can let you know before purchase if there are items in your cart, that based on the price, you are thinking of purchasing them at, will result in a negative reimbursement after adjudicating a claim.  We will even take it a step further than that, if we find a negative reimbursed item, we can look at those items in our vendor files and see if we can find them at prices low enough to change that negative reimbursement into a positive one.  

When it comes to the reimbursement piece, your pharmacy has the option of running your pricing up against state-level MAC, PDP-level MAC, or Commercial MAC. We generally recommend sticking with Commercial MAC because it is the most aggressive, so it will raise the most red flags for your pharmacy.  If you find that you are processing claims mostly for Medicaid or Medicare you may choose to use the other MAC levels.  

This reimbursement icon will show up on the cart screen underneath the name of the drug to which it applies.  A green "Reimb Saver" icon means this item is a positively reimbursed item and a red "Reimb Alert" means this item is a negatively reimbursed item.  Green "Reimb Saver" icons indicate the item at the primary vendor price, based on our MAC data, was coming up as a negatively reimbursed item. But we were able to find it at a price low enough from one of our vendors, to change that negative reimbursement into a positive reimbursement.


reimbursement alert

Tech Tips for Pharmacies

How GLNs are Used

As we have mentioned in previous blog postings, GLN (Global Location Number) will be required for all pharmacies.  This distinctive number consists of 13 digits and has the sole purpose of assigning a code to a pharmacy to identify the exchange of goods between companies. GLNs will be a crucial aspect of the supply chain industry and will be mandatory to comply with regulatory compliance.  Without a GLN a pharmacy will be out of compliance with the DSCSA federal regulations and will not be able to purchase from most wholesalers.  GLNs will also be required by Pharmsaver and all of our wholesalers.  To learn more about GLNs, please visit www.gs1us.org or contact us directly at 813-961-1494. 


Did You Know?

The Big List of Pharmacy Terms

We take pride in simplifying the PharmSaver® experience for our pharmacy and wholesaler friends. Unlike some other platforms, we focus on minimizing the time you spend navigating PharmSaver so that you can maximize the time you dedicate to serving your customers. As you explore our site, you might encounter unfamiliar abbreviations or phrases. To save you the trouble of looking them up, we've compiled the all-inclusive The Big List of Pharmacy Terms.


Feedback

Hello again! Were you able to test one of our new enhancements or tech tips? Do you have ideas that will make PharmSaver better for you? Let us know. We're here to make your PharmSaver experience as easy and efficient as possible.  

If you enjoy using PharmSaver, please consider giving us a reference. Send your email to info@pharmsaver.net with "Testimonial" in the subject or Contact Us and we'll get back to you asap. Let's talk soon! 

Print Blog Post
Print this Page
Blog Navigator
< Older
The importance of Cyber Security
Blog
Article List
Newer >
Did we see you at the 2024 NCPA Annual Convention?
Share Blog Post
Instagram Facebook LinkedIn
COMPANY

About Us

Register New Pharmacy

Register New Wholesaler

Privacy Policy

Instagram

SUPPORT

Contact Us

Login

FDA Drug Shortages

Frequently Asked Questions

Blog

FIND US

PharmSaver
Lutz, FL 33558

Mon-Fri, 9am-6pm Eastern
info@PharmSaver.net
+1 813 961 1494
+1 813 906 2124