Winston-Salem, NC (PRWEB) June 18, 2012
Inmar, a company that operates collaborative commerce networks, today announced that Walmart will implement the company’s patent-pending Pharmacy Contract Management and Reconciliation Solutions in its more than 4,400 pharmacies under the Walmart, Neighborhood Market, Sam’s Club, Walmart Express and Walmart on Campus banners.
Inmar’s solution uses patent-pending technology and processes to automate highly complex, labor intensive processes for reconciling the claims and managing the contracts among pharmacies, manufacturers and carriers. In doing so, pharmacies have the information and tools needed to help ensure the accuracy of the payments they receive from carriers, as well as those they make to government programs. The Inmar solution is currently implemented in more than 12,000 pharmacies nationwide.
Millions of claims and transactions tied to thousands of contracts move through pharmacies each day. Inmar CEO David Mounts says, “The process of manually reconciling each claim and matching it to each contract to ensure accuracy is daunting and most often cost prohibitive. These companies simply must leverage technology and best practices to ensure both profitability and compliance.”
Inmar’s technology for pharmacies, consumer goods and promotions management consistently wins industry awards for innovation. Inmar recently was named Best Private Technology Company by the North Carolina Technology Association.
Inmar operates collaborative commerce networks and makes them intelligent. Retail, healthcare, and manufacturing clients choose Inmar’s networks to simplify and securely manage their complex transactions with trading partners so they can focus on their core business. Founded in 1980, Inmar is headquartered in Winston-Salem, North Carolina with more than 4,200 employees in the United States, Mexico and Canada.
For more information about Inmar’s products and services, please contact 866-440-6917 or visit http://www.inmar.com.