Inmar Intelligence Partners with Premier, Inc.
Inmar Intelligence, a prominent name in healthcare technology and compliance solutions, has recently secured significant group purchasing agreements with Premier, Inc. These agreements specifically focus on pharmacy claims reconciliation and compliance solutions related to the Drug Supply Chain Security Act (DSCSA). With these new agreements becoming effective soon, Premier members will have the opportunity to enjoy specially negotiated pricing and terms for comprehensive solutions related to pharmacy revenue cycle management and regulatory compliance.
The Need for Enhanced Support in Pharmacy Operations
Pharmacies today face immense pressure to operate more efficiently due to a myriad of challenges such as tight reimbursement rates and high operational expectations. Brian Nightengale, the Executive Vice President and President of Healthcare Solutions at Inmar Intelligence, highlighted these challenges, stating that pharmacies often have fewer personnel and increased demands to fulfill. The collaboration with Premier is designed to bolster both the revenue performance and regulatory readiness of pharmacies by streamlining claims reconciliation processes and ensuring compliance standards are met.
Streamlining the Pharmacy Claims Reconciliation Process
The pharmacy claims reconciliation agreement introduces a new contract category that provides Premier members access to Inmar's state-of-the-art automated reconciliation platform. This innovative technology addresses challenges associated with rising patient volumes and disconnected systems, allowing for a smoother workflow. The platform not only ensures comprehensive tracking of claims, from submission to bank deposit, but it also includes real-time alerts for any payment discrepancies. In fact, it achieves an impressive 99% electronic reconciliation rate. Members can leverage comprehensive benchmarking data, covering over 85 million patients, to better understand their performance and identify areas requiring improvement.
Expanding the DSCSA Compliance Agreement
Inmar's new three-year DSCSA compliance agreement complements its existing relationship with Premier, expanding the breadth of trade class coverage and enhancing the functionality of their platform. This encompasses essential features such as unit-level serialization, electronic product tracing, and secure data exchange across the pharmaceutical supply chain. Furthermore, Inmar's dedicated field teams are committed to assisting pharmacies in their onboarding and implementation phases, as well as preparing for audits.
Proven Cost Efficiency and Security Standards
Inmar Intelligence has demonstrated its capability by helping pharmacies reduce reconciliation costs by up to 30% while also cutting down the days sales outstanding by two full days. The platform adheres to the highest standards of security and compliance in the industry, featuring robust certifications and proprietary tools to safeguard sensitive information. This commitment to security helps ensure that pharmacies can focus on delivering quality care without compromising data integrity.
The Role of Premier, Inc. in Healthcare Improvement
Premier, Inc. is recognized as a leading, technology-driven healthcare improvement company, providing vital solutions to two-thirds of healthcare providers across the nation. By playing a crucial role in the evolving landscape of healthcare, Premier connects various stakeholders, including providers, suppliers, payers, and policymakers, working toward enhanced healthcare delivery. Their approach utilizes integrated data and analytics, supply chain solutions, collaborative efforts, and consulting services to create better care outcomes while simultaneously lowering costs.
About Inmar Intelligence
With over 45 years of experience, Inmar Intelligence leverages curiosity and advanced technology to optimize the healthcare value chain, improving patient safety, access, and affordability. As a trusted partner to diverse health systems, pharmacies, and life sciences companies, Inmar designs and implements comprehensive solutions to tackle complex healthcare challenges. Their mission is centered on fostering improved financial and patient outcomes that align with the changing needs of the healthcare industry. For more insights about Inmar, their website provides detailed information.
Frequently Asked Questions
1. What are the key benefits of the agreements between Inmar and Premier?
The agreements enable pharmacies to utilize advanced solutions for claims reconciliation and compliance at favorable rates, enhancing operational efficiency.
2. How does Inmar support pharmacies with their technology?
Inmar provides an automated reconciliation platform that ensures thorough tracking of claims along with real-time alerts for discrepancies.
3. What does the DSCSA compliance agreement entail?
This agreement expands capabilities for tracking products through serialization and electronic tracing, enhancing security in the supply chain.
4. How does Inmar ensure data security?
The company complies with the highest industry standards, implementing robust certifications and proprietary tools to protect sensitive data.
5. Who is Premier, Inc.?
Premier, Inc. is a leading healthcare improvement organization that connects a variety of stakeholders to promote better healthcare outcomes at a lower cost.
