">
Back to articles

LTC Operator Sees 25% Net Reduction Opportunities on Pharmacy Spend with SRX

Download Case Study PDF

With SRX’s robust pharmacy management software solutions for pricing proposal analysis, drug lookup, reconciliation, reporting and more, customers are able to save or recoup tens of thousands, if not millions of dollars on their pharmacy spend.

If you aren’t using SRX to manage your pharmacy costs, you are leaving valuable dollars on the table.

For one, 23-facility operator, SRX used these tools to help renegotiate a more favorable pharmacy contract, save $97k with price reconciliation and drug lookup tools, and much more.

WHAT ELSE DID SRX DELIVER? 
  • Education about facility-eligible rebates resulting in the submission of $261k in claims
  • Identified $617k in contract rate discrepancies
  • Identified nearly $420k in cost management opportunities
  • Identified $256k in drug utilization opportunities

“The SRX Drug Lookup tools allow our facility admins to verify pricing is being adhered to and also allows us to see benchmark pricing.”

– Operator VP of Operations

To receive a full assessment of the cost savings that SRX technology could afford you, schedule a demo today.

Schedule a demo
Or you can give us a call at 833 633 6833

SRX is a technology and advisory company that helps LTC operators realize the lowest net cost on pharmacy spend. We help our customers improve drug utilization, manage pharmacy relationships, reduce costs and waste, and maximize rebates. We are committed to transparency and accountability and guarantee our quarterly rebates are paid on time, every time. Contact us at 833 633 6833.


Recent Articles

Why You Need To Be Thinking About OTC Management at Your LTC Facilities
…And What Makes it One of the Easiest Ways to Lower Costs
Read More
Is Your LTC Facility Missing Out on the Benefits of Health Tech?
Operators behind the technology curve could be wasting valuable time and resources The rapid pace of technological improvements continues to fuel the development of novel solutions in the long-term care industry. These new products and…
Read More
See How SRX is Tackling the Problem of Rising Drug Costs
This New Documentary Shows How SRX’s Technology and Advisors Are Helping Employers and LTC Facilities Lower Net Costs Year after year, drug costs continue to rise across the healthcare continuum. From hospitals to long-term care…
Read More