From order creation through invoice review, this powerful solution enables buyers to better manage rising medical costs, fluctuating drug prices, and the unpredictability of rebates and contract management.
What can you expect from this powerful solution?
Buyers can choose to not substitute a drug within a live order and/or add to an exclusion list so it will not be substituted going forward.
We can take formulary and special vendor contracts into consideration with either the exclusion list or a preferred list where you can set savings thresholds on NDCs that align with your contract details.
VERISAVE uses your catalogs that we receive from your wholesaler via EDI. We can also manually upload catalogs for vendors that do not support EDI if provided.
Verisave uses a formula we call the “best blended price”. Our patented technology looks at your catalog pricing, accumulations, and substitution configurations and then dynamically, based on your demand quantity, finds the lowest priced product across a drugs’ GPI. For example, if you have accumulations on 340B but not GPO it will take into consideration the quantity that would be purchased at WAC.
In the post-purchase financial report, you will be able to select one location or the whole health system’s Verisave savings. We provide total savings, a detailed report indicating what was substituted, and reasons for why drugs were not substituted, per drug, for your analysis.
Verisave Multi-Vendor Select can be included and used for multiple vendors. The determination occurs at the same time as NDC substitution, and will automatically generate an order for any alternate vendors that will save on a product.
Personalized implementation with a dedicated manager from start to finish
97% of customers are highly satisfied with their designated account managers
97% of issues are resolved on the same day (80% within 2h)