SRX Guarantees Excellent, Quantifiable Results

What Our Clients Think

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 LebobvicAdministrator, 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 NicelyVP of Procurement/Ancillary Services, North Shore Healthcare

SRX allows us to maximize savings through their rebate administration services. The onboarding process is quick and easy, and the total savings in rebates are remarkable.

Brian NewmanChief Operating Officer, Providence Healthcare Management

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 LauferDirector 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 TreitelVP of Procurement, Premier Health Care

What To Expect

Each facility is unique and has different processes, pharmacy relationships, patient care protocols, existing software and technology, electronic health record (EHR) systems, and personnel resources. To ensure that SRX’s solution is optimized, our formal process fully adapts our technology to serve each facility’s unique needs.

See For Yourself

Immediate Results

Within 60 days of engaging with clients, SRX is able to provide demonstrable results. The following are actual examples of results obtained for new clients after conducting their first price reconciliation and submitting results to their pharmacy:

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
Pharmacy issued $44,000 in credits for previous 6-month period

Identified Efficiencies

Black and white icon of a report with data and bar graph.

By automating and integrating all aspects of pharmacy spend into one powerful solution, SRX is able to identify efficiencies that are not otherwise obvious. The following are examples of cost savings and efficiencies we have obtained for our clients:

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

Best Industry Rebates

Black and white icon with a dollar sign inset in a circle, surrounded by a counterclockwise arrow.

SRX’s data-driven, automated solutions allows clients to identify the maximum number of eligible rebates and receive the highest returns in the industry. The following are examples of the incredible rebates obtained through the SRX solution:

Bar graph detailing sample client rebates at SRX.

Immediate Results

Within 60 days of engaging with clients, SRX is able to provide demonstrable results. The following are actual examples of results obtained for new clients after conducting their first price reconciliation and submitting results to their pharmacy:

Operator Profile

9 Large Homes

Findings

Pricing not entered correctly
Average overcharge of $10,000 per month

Outcomes

Immediate credit of $50,000
Avoided $120,000 in annual overcharges

Operator Profile

26 Home Operator –
Single Home Example

Findings

Pharmacy pricing did not reflect updated contract terms

Outcomes

Immediate credit of $5,000
Identified $20,000 in annual cost reductions

Operator Profile

12 Home Operator

Findings

Identified significant overcharges
Pharmacy chose to conduct a ‘self-audit’ for prior 6 months

Outcomes

Pharmacy issued $44,000 in credits for previous 6 month period

Identified Efficiencies

Black and white icon of a report with data and bar graph.

By automating and integrating all aspects of pharmacy spend into one powerful solution, SRX is able to identify efficiencies that are not otherwise obvious. The following are examples of cost savings and efficiencies we have obtained for our clients:

Operator Profile

40 Home Operator
Moderate Premium Mix

Findings

Identified efficiencies in returns management

Outcomes

Annual cost reductions of $771,000

Operator Profile

28 Home Operator

Findings

Identified overcharges from 2 pharmacy partners

Outcomes

Received credits totaling $388,000

Best Industry Rebates

Black and white icon with a dollar sign inset in a circle, surrounded by a counterclockwise arrow.

SRX’s data-driven, automated solutions allows clients to identify the maximum number of eligible rebates and receive the highest returns in the industry. The following are examples of the incredible rebates obtained through the SRX solution:

Bar graph detailing sample client rebates at SRX.

SRX has a proven process in place to seamlessly integrate our solution into any pharmacy spend administrative practice.