CheckmyRxCost
CheckmyRxCost is a procurement optimization tool that utilizes artificial intelligence (AI) to provide better efficiency and an optimal purchase strategy for each order. Running on Microsoft's Azure platform, CheckmyRxCost empowers pharmacy replenishment buyers to factor in all aspects of their primary agreement while incorporating the broader market as sourcing options. The AI optimizes every order in real-time, which means pharmacies are constantly benefiting from the latest pricing information, inventory levels, rebate status, available equivalents, and much more.
Our KPI dashboard pulls together pharmacy performance data with our easy-to-read widgets, including purchasing review, missed compliance opportunities, volume review, and wholesaler service levels, all organized by wholesaler.
At CheckmyRxCost, we understand the challenges on the business side of pharmacies. It is increasingly difficult to stay compliant, optimize all sources of supply, maximize rebates, and increase ordering efficiency. That’s why we are here.
How do we contribute to the overall health of your pharmacy?
- Ensure compliance with your primary agreement by adjusting the Business Rules to meet your GCR/BPR/GPR target.
- Real-time market Insights.
- Optimize your purchasing by considering select secondaries where non-contract purchases fit compliance goals.
- Our dashboards assemble information normally requiring multiple reports and sources.
- Maximize contract rebates.
- Dramatic time savings with ordering all sources from one cart.
- Multi-store owners benefit from a consolidated dashboard. Enjoy the convenience of centralized data management in one place.