Coral Gables, FL (PRWEB) April 23, 2014
TransactRx offers a number of Medical Service Billing solutions to retail pharmacies using its patent pending Cross Benefit Clearinghouse TM. The unique transaction platform seamlessly integrates the nation’s real-time pharmacy switching infrastructure with the nation’s batch medical claims clearinghouse infrastructure. It provides functionality to convert in real-time between NCPDP formatted and X12 formatted eligibility, claims and remittance transactions. The Cross Benefit Clearinghouse can be ‘plugged into’ any current implementation of pharmacy switches and medical claims clearinghouse connections without any software modification requirements. In addition the transaction platform is one of the first in the industry to fully support the NCPDP S1 service billing transaction set for the processing of claims for services that use CPT codes rather than products using NDC numbers.
POC Network Technologies, Inc. d.b.a. TransactRx is a leading national provider of reimbursement solutions for vaccines and specialty pharmaceutical products administered at the point-of-care. The TransactRx proprietary technology platform seamlessly connects the nation’s pharmacy and medical transaction infrastructures to enable physicians, public health departments and pharmacies to check coverage information and submit claims for both medical and pharmacy benefits. The Company’s unique national provider networks significantly reduce the cost and effort associated with contracting a large numbers of providers to administer a particular vaccine or group of pharmaceutical products. The combination of technology and provider networks assists payers of all types including Medicare, Medicaid, Commercial and Self-Funded Employer plans