Springfield, VA (PRWEB) April 09, 2015
ChainDrugStore.net is experiencing record pharmacy usage across its suite of online pharmacy tools, including the ChainDrugStore.net messaging platform, the Pharmacy Verification Network, wholesaler portals and analytics dashboards. And through a joint venture called Glass Box Analytics LLC, ChainDrugStore.net has expanded its analytics offerings to include the drug pricing benchmark Predictive Acquisition Cost (PAC), which is gaining adoption across all major stakeholders in the pharmacy supply chain.
To maximize the value of this pharmacy usage and create a single sign on for online tools, ChainDrugStore.net is excited to announce HUB.pharmacyfocus.com which will launch in the second quarter 2015. HUB.pharmacyfocus.com will bring together all stakeholders in the pharmacy supply chain with a focus on interaction with pharmacies:
- Payers (commercial and government)
- Pharmacy Benefit Managers (PBMs)
- Federal agencies and state governments
- Industry associations
- Drug wholesalers
As a network of pharmacy stakeholders, HUB.pharmacyfocus.com will positively impact pharmacy purchasing, dispensing, reimbursement, and contracting through a set of online tools. These tools are designed to streamline communications, offer analytics and proprietary business intelligence, and manage the day to day data requirements of a pharmacy network. Services through HUB.pharmacyfocus.com will include:
- Messaging → online messaging to pharmacy decision makers at both retail chain headquarters and store-level chain and independent pharmacies
- Credentialing → the industry’s only online service established to provide a single-source, secure database of pharmacy-managed profiles required for the verification and credentialing of pharmacies and staff
- Drug Pricing → use of predictive analytics to establish transparent drug acquisition cost benchmarks for use throughout the industry
- Revenue Cycle Management → management of pharmacy claims payments, accelerated payments, and maximized cash flow for both pharmacies and PBMs
- Pharmacy Analytics → collection of online dashboards designed to measure pharmacy performance
- Integrated Industry Partners → include industry leading pharmacy and provider data sources, drug wholesaler portals, and PBM services
About ChainDrugStore.net Inc. (CDS)
CDS is the link to pharmacy – an online communications network that manufacturers, managed care organizations, pharmacies and regulatory agencies use to communicate and aggregate pharmacy critical services and product information. Meet with us at HIMSS'15 in Chicago, IL (Booth 7960) and NCPDP Annual Conference 2015 in Scottsdale, AZ (Booth 404).
About Glass Box Analytics LLC (GBA)
GBA represents a strategic joint venture between ChainDrugStore.net Inc. and Pathria Analytics LLC. GBA brings together advanced statistical modeling techniques with deep industry domain expertise to provide solutions that address the most challenging issues facing businesses on a day to day basis.
Learn more about the benefits associated with being part of the ChainDrugStore.net network.