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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.

  • 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.

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