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Pharmacy Audit & Recovery Solutions
● Typical Recovery = 3-4% of total spend
● Contingency Fee Based
● Free Analysis on 12 months of data
5.00%
7.00%
9.00%
11.00%
13.00%
15.00%
Pharmacy Medical
Annual Average Increase
In Healthcare Spending
2001 - 2014
5.00%
7.00%
9.00%
11.00%
13.00%
15.00%
Pharmacy Medical
One-Year Increase in
Healthcare Spending
2014 - 2015
The Problem is the Rising Cost
of Prescription Benefits
*2015 Milliman Medical Index
Pharmacy inflation is at its HIGHEST point in history
Information needed for audit on page 2.
Next Step, Free Analysis…
● Typical On-Going Savings of 15-30%
1. Client Name (Employer)2. Group ID3. Patient Identification number4. Relationship Code5. Person Code6. Date of Birth/Age Indicator7. Date Filled8. Rx Number and/or Claim Number (Transaction Code)9. Drug Name, strength & dosage form10. NDC11. Unit of measure12. DAW code13. Specialty, brand or generic- Drug Indicator (generic flag)14. Quantity dispensed15. Day’s Supply16. New/Refill indicator17. Physician name and/or NPI number
Next Step – Information Needed for Audit
FREE 12 MONTH ANALYSISRETROSPECTIVE AUDIT & RECOVERY UP TO 3 YEARS
PBM DATA NEEDED FOR INITIAL CLIENT ANALYSISPBM - Prescription data should not contain Protected Health Information (PHI)
GET STARTED NOW
www.relevanthealthcare.com855-328-5100
18. Member Co-Pay amount19. Employer paid amount20. Dispensing Fee21. Total Paid amount (copay + company pay)22. Formulary or Non-Formulary/Tier identifier23. Sales Tax (if applicable)24. Pharmacy Provider Name or NPI number25. Mail & Retail indicator26. Pharmacy Usual & Customary Price27. Ingredient Cost Submitted28. Basis of Cost: AWP, AMP, MAC unit price29. Prescription/Service Reference Number Qualifier*30. Other Coverage Code*31. Prior Authorization Number*32. Reason for Service Code*33. Personal Service Code*34. Result of Service Code*
Scott Fuqua708-390-3885
*Optional