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July 2013

Drug Reimbursement Management Software

Craneware, Inc

Pharmacy ChargeLink from Craneware syncs drug purchase history with a hospital\'s charge-master to identify the gaps that cause revenue loss. The software allows for the proactive management of pharmacy charge and purchasing data to ensure administered medications are accurately coded, charged in a compliant manner, and appropriately reimbursed. Pharmacy ChargeLink alerts users to problems with billing units, has built-in workflow management process recommendations, and up-to-date pricing information on prescription and OTC drugs from the Thomson RED BOOK. As audits and price transparency requirements increase, the software reevaluates current pricing strategies for transparency and audit defensibility.

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