Results

Within 60 days, SRX provides demonstrable, quantifiable results.

The following are actual examples of results obtained for new clients after conducting their first price reconciliation and submitting results to their pharmacy:

A Complete Pharmacy Cost Savings Solution

Operator Profile
Findings
Outcomes
9 Large Homes
Pricing not entered correctly
Average overcharge of $10,000 per month
Immediate credit of $50,000
Avoided $120,000 in annual overcharges
26 Home Operator /
Single Home Example
Pharmacy pricing did not reflect updated contract terms
Immediate credit of $5,000
Identified $20,000 in annual cost reductions
12 Home Operator
Identified significant overcharges
Pharmacy chose to conduct a ‘self-audit’ for prior 6 months

Best Industry Rebates

SRX’s data-driven, automated solution allows customers to identify the maximum number of eligible rebates and receive the highest returns in the industry. See for yourself:

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2021 Annual Rebates

10 Home Operator
$195,900
26 Home Operator
$560,150
56 Home Operator
$1,225,500

Significant Cost Savings
and Waste Management

By automating and integrating all aspects of pharmacy spend into one powerful solution, SRX identifies efficiencies and cost savings that are not otherwise possible. See for yourself:

Cost Savings
Operator Profile
Findings
Outcomes
28 Home Operator
Identified overcharges from 2 pharmacy partners
Received credits totaling $388,000
12 Home Operator
Identified significant overcharges
Pharmacy chose to conduct a ‘self-audit’ for prior 6 months
Pharmacy issued $44,000 in credits for previous 6 month period

Customized Solutions

To ensure that SRX’s solution is optimized, our formal process fully adapts our technology to serve each facility’s unique needs.

Cost Savings

Multi-Regional Operator
Case Study

23 Facility Operator
Avg. 28. Medicare Pt. A / Managed Care
Residents Per Building

“When SRX approached us, we didn’t even know rebates were a thing. Obviously getting those first checks was shocking–in all the right ways–but what has been even more shocking are the cost savings and efficiencies we have experienced with SRX.”

– Operator VP of Operations

25%
Impact on Lowest Net Cost
$600K
Identified Contract Errors
$260K
Annual Rebates

Connect with our experts today to learn how SRX’s full suite of software solutions can deliver significant savings and rebates opportunities without having to pay a dime upfront.

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Testimonials

Check out what customers are saying about how SRX has impacted their bottom line by increasing rebates and lowering costs.

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It’s nice to know that every claim on our pharmacy invoice is being run through an automated check. This technology gives us incredible insight into our pharmacy bill. Previously, it was impossible to check and verify that we were being billed correctly. The findings have been astounding! In addition, we save thousands in rebate submissions.
Dov Lebovic, Administrator, Concourse Rehabilitation
Not only has SRX allowed us to capture substantial dollars in eligible rebates, but has also provided cost saving through pricing reports. We are much more confident that we are getting the most of our relationship with our pharmacy.
Andy Nicely, VP of Procurement/Ancillary Services, North Shore Healthcare
SRX provides us with proactive pharmacy cost management services and rebate administration. SRX saves us time and money by doing the work for us and has helped to substantially reduce our pharmacy spend. Through their technology platform, SRX has the ability to capture savings that would normally go unnoticed and end up on your facility bill. Through SRX’s formulary management and rebate administration we have received a guaranteed rebate, further reducing our pharmacy spend. The cost containment and rebate program has saved us many thousands of dollars per month!
Toby Laufer, Director of Pharmacy Services, Paragon Management
Before SRX, much of our pharmacy spend management was conducted manually. This technology gave us incredible insight into our pharmacy bill. As a result, our savings have increased significantly and we are receiving very significant rebate dollars as well. We have been impressed not just with the technology, but with the support we have received from the SRX team through implementation with all of our many pharmacies. We feel like we have access to experts who have answers to all that is related to our pharmacy spend.
Ben Treitel, VP of Procurement, Premier Health Care
Pharmacy contracts have been something that have been confusing and hard to understand for the entire time I've been in this business and with SRX’s help and their assistance, we have a better handle, better understanding, and direction on where we're going with pharmacy and pharmacy spend.
Eddie Bangerter, CEO, Rocky Mountain Care