December 3, 2013
Third Party Management System
Third Party Management System (TPMS) is a web-based vendor hosted solution that provides business management tools for all aspects of contracts, third party billing, and collection of third party prescription reimbursements.
TPMS enables pharmacies to automate processing data pertaining to carriers that transact business with their stores. It facilitates matching claim and payment data and performs the business logic of applying payment to claims—allowing you to monitor compliance with contracts, reduce the risk of underpayment, and negotiate more profitable contract terms.
Rx Manager evaluates wholesaler performance and ensures compliance with drug procurement contracts.
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