Uncaptured Pharmacy Rebates in Hospital Systems
Turning missed pharmacy rebate opportunities into measurable financial performance
MedReb8 helps hospitals and health systems identify and capture pharmacy rebates hidden within existing medication-use data. Through a proprietary aggregation and submission platform, we convert fragmented pharmacy, EHR and finance data into structured rebate submissions that pharmaceutical manufacturers can validate, audit and pay.
Hospitals are already generating this value. The challenge is not creating new activity, but making sure that existing eligible drug utilization is consistently identified and submitted in a way that manufacturers will accept.
We close that gap.
Our clients are already profiting from our services.
Will you?
We can help you capture available but unrealized revenue from uncaptured pharmaceutical rebates. Our clients receive quarterly payments of significant value from our program. MedReb8 has been able to bring millions of dollars to our nationwide clients annually.
The Process
The organization sets up a report for 11 data elements to be transferred in a flat file monthly through MedReb8’s secure FTP. MedReb8 in turn ensures correct formatting and submits this data to drug manufacturers through a robust and proprietary IT platform. MedReb8 then provides rebate payment to the pharmacy, and keeps a percentage as compensation for services. Medreb8 also provides reporting for the client’s internal use and medication Inventory and ordering analysis.
Strictest standards of data security and compliance
No out of pocket cost
No change in processes, no training of staff, no change in or disruption to operations
Quarterly payment
Reporting that comes back to you
The Team
This is our niche. It is all we do, and we do it exceptionally well. And our clients will tell you that. MedReb8 is comprised of a multidisciplinary team of healthcare professionals with decades of healthcare experience in administration, IT, compliance, forensics, pharmacy, and accounting.
Pharmacy
Rebates
In hundreds
of hospitals
