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Do you have eVoucher and Denial Conversion services that help to recoup your pharmacy’s medication costs?

Do you have eVoucher and Denial Conversion services that help to recoup your pharmacy’s medication costs?

The PrimeRx™ management system, offered by Micro Merchant Systems (MMS), is the only pharmacy technology solution that includes integrated eVoucher and denial conversion services as a core capability. A key reason for this is because MMS is currently the only pharmacy technology company that offers a denial conversion program. MMS – and not the drug manufacturer – reimburses pharmacies for the cost of medications provided to patients that had previously been rejected by a payer.

Micro Merchant Systems reimburses the pharmacy, and pays an administrative fee, as follows:

  • For each denial transaction, the pharmacy is paid a sum that equals the Wholesale Acquisition Cost (WAC) plus 7.5%, less than the patient responsibility amount.
  • The pharmacy is paid a $2.00 administrative fee for each denial conversion transaction. This fee is intended to offset the pharmacy’s administrative and processing.

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