4 Facts About ClearMetrX
Our team of data scientists is constantly working to turn thousands of lines of patient information into useful insights
Our proprietary data management algorithm allows healthcare practices to reduce unknown or hidden costs, manage inventory and improve overall service to patients.
Back end support
Twice Monthly Reports: Billing, Inventory, Replenishment
Claim-by-Claim Cost Analysis
Accounting support
Perpetual Inventory Reports
Replenishment Ordering
Reconciliations
Prescription AR Management
Reports are generated and provided to the 340B Entity on a semi-monthly basis. The initial Reporting Period will consist of fifteen calendars days commencing on the Pharmacy Service Agreement start date. The second reporting period will begin on the sixteenth calendar days after the contractual start date. Each subsequent semi-monthly reporting period will begin on the 1st of each month and the 16th of each month.
Our 340B Administration Support Team will provide Covered Entities with reports for the prior semi-monthly Reporting Period within 5 business days after the commencement of each semi-monthly Reporting Period. Additional ad-hoc reports can also be generated as needed at the request of the Covered Entity.
In relation to the HIPAA Privacy Rule and the HIPAA Security Rule, data encryption is a method to safeguard protected health information (PHI). To make sure the delivery of reports is HIPAA compliant we use end-to-end encryption, which secures both messages in transit and stored messages. This allows us to safely deliver reports and data containing PHI. Our 340B support team will contact your team for initial training and set up.
The Dispensing Report lists all prescriptions filled by the Pharmacy for Eligible Patients. This report includes data including but not limited to Eligible Patient Entity site, prescriber name, prescription number, drug name, drug strength, NDC number, quantity dispensed, copay collected, reimbursement collected, payor source, PBM fees, and pharmacy dispensing fees. Reports can be customized at the client's request.
The Inventory Report details the total quantity of each Covered Drug dispensed and replenished by drug name, strength, NDC, quantity dispensed to Eligible Patients, quantity replenished, date of replenishment, quantity returned, and balance of each Covered Drug in units and aggregate value based on purchase price.
Covered Entity will be provided with 340B statements that totals, in aggregate and by payer source, gross reimbursements due to entity, cash collected on behalf of entity, total costs of goods sold, total number of dispenses, total dispensing fees to be paid to pharmacy, and net cash income earned by Entity (collections minus cost of goods sold minus fees), for the reporting period.
MSOMetrX identifies all patients associated with your organization. By linking these patients to you, we can streamline their medication therapies prescribed by any provider they are associated with. Our tools will look for generic alternatives to all brands, high risk medications, and therapies with low adherence rates. By optimizing prescribing practices, we improve adherence and compliance while keeping costs down.
MSOMetrX uses data analytics and high performing pharmacies to improve adherence scores. We can provide consultative services to dispensaries to increase adherence as well as recommend external pharmacies who can manage the medication therapies of your patients. Our data analytics tools provide you with reports regarding pharmacy performance.
Yes! Our technical team will work with you to get authorized access to your prescriptive data to identify gaps in therapy.
We use data from your EHR and the prescriptive history of patients to create visualizations and actionable alerts to help identify patient trends and optimize health outcomes.
MSOMetrX is your key partner in analyzing and understanding data from all sources: patients, providers, health plans, and government agencies. Our deep understanding of health metrics will allow your organization to minimize and mitigate costs caused by inefficiencies within your practice, optimize internal process, and reduce waste.
MDMetrX identifies all patients associated with your organization. By linking these patients to you, we can streamline their medication therapies prescribed by any provider they are associated with. Our tools will look for generic alternatives to all brands, high risk medications, and therapies with low adherence rates. By optimizing prescribing practices, we improve adherence and compliance while keeping costs down.
MDMetrX uses data analytics and high performing pharmacies to improve adherence scores. We can provide consultative services to dispensaries to increase adherence as well as recommend external pharmacies who can manage the medication therapies of your patients. Our data analytics tools provide you with reports regarding pharmacy performance.
As a provider with a risk contract, you are responsible for all cost of care access outside of your practice. Over 50% of risk performance is based on medication therapy management. With MDMetrX data solutions you can maximize the benefits of your risk contracts by reducing costs, increasing adherence, and maintaining positive health outcomes.
Our alerts are tailored to identify gaps in therapies, harmful drug interactions, high cost brand alternatives, formulary compliance, utilization ratios, high risk medications, and more!
We use data from your EHR and the prescriptive history of patients to create visualizations and actionable alerts to help identify patient trends and optimize health outcomes.
MDMetrX is your key partner in analyzing and understanding data from all sources: patients, providers, health plans, and government agencies. Our deep understanding of health metrics will allow your organization to minimize and mitigate costs caused by inefficiencies within your practice, optimize internal process, and reduce waste.
PharMetrX uses multiple methodologies to analyze available data from pharmacy software and external sources to measure patient adherence and performance.
Our team of data scientists is constantly working to turn thousands of lines of patient information into useful insights
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