Inmar

Maximize Your Pharmacy Cash Flow

• Recover money faster
• Improve Cash Flow and Profitability
• Save Time and Effort

Far too many unpaid claims go unaddressed and the money is too often never seen by the pharmacy because there just isn’t time or resources to chase them all down, sort them out and get the money you’re owed for the prescriptions you’ve filled.

Inmar makes it possible. Our Pharmacy Financial Management and Contract Management clients use innovative technology to address underpayment and make a direct impact to profitability.

Pharmacy Financial Management

Rx Reconciliation

Inmar is the largest provider of third-party pharmacy reconciliation in the United States, serving more than 20,000 pharmacies. Inmar’s web-based technology helps you navigate the complexities of the claims and payment reconciliation process, enabling you to focus on exceptions and quickly identify opportunities for collections or operational improvement, which may result in increased revenue and profitability, reduced bad debt and risk, and lower resource burden.

Our tools provide:

• Comprehensive accounting solution to record pharmacy receivables, post payments and perform cash applications and GL entries.
• 100% claim-level reconciliation.
• Dashboards to help you focus on weekly trends, carrier trends and exception management.
• Experienced account management team provides comprehensive training and unmatched ongoing support.

Inmar’s reconciliation solution delivers value for our clients in the following ways:

• Reduced Write-Offs
• Reduced Claim Exceptions
• Reduced Aging Claims balance
• Increased Electronic Remittance
• Improved DSO
• Improved Service Fee visibility

Contract Management

Without the right knowledge and tools, pharmacies cannot negotiate better rates to increase profitability. Through accurate understanding of brand and generic effective rates, as well as exceptions to the negotiated contract reimbursement rates, and in combination with industry bench marking and competitive analysis, Inmar's patented technology arms you with data insights you need to request rate adjustments and measure the financial impact of contract changes.

Inmar’s Contract Management Program addresses 4 important needs:

• MAC and GER rate management – are you getting what you should be on generic reimbursement? How do you know?
• Brand and BER rate management – are you addressing contract violations? Do you have an accurate claims-to-contract matching solution driving your analytics?
• Price optimization and preferred drug analysis – are you being strategic about your U&C and your preferred drug selections?
• Purchasing optimization and profitability shifts due to acquisition cost changes – are you using reimbursement data to improve your purchasing?

We continue to invest in the technology to deliver financial analyses on the impact of pharmacy quality and adherence measures to support the movement to value-based healthcare reimbursement.