Artemetrx Rebate Monitor: Optimizing PBM Contract Compliance
Streamline PBM Rebate Management
Artemetrx Rebate Monitor speeds up health plan capacity to identify and resolve inconsistencies in PBM rebates. Industry experts developed this tool to improve rebate management.
Ensure PBM Compliance & Financial Protection
Artemetrx Rebate Monitor provides health plans with insights into PBM compliance with rebate agreements, safeguarding financial interests and improving relationships with PBMs.
"Rebates are a key component of PBM contracts," said Beth Hebert-Silvia, Senior Vice President of PSG. "Effective rebate monitoring helps health plans protect their financials, improve customer satisfaction, and increase market share in the pharmacy industry."
How Artemetrx Rebate Monitor Works
Health plans are utilizing Artemetrx Rebate Monitor because it streamlines the complex process of auditing PBM rebate payments. The tool converts complicated contract terms into configurable rules applied to actual pharmacy claims data on a monthly basis.
Key Features
- Dashboards and reports that quickly identify rebate shortfalls by channel or model
- Independent calculations of expected rebates by channel
- Monthly claims processing and estimation of expected rebates
- Daily PBM data ingestion and continuous updates
- Detailed variance reporting between expected and actual rebates paid
- 24/7 access to data through the Artemetrx online platform
"The speed and efficiency of Artemetrx Rebate Monitor create unprecedented opportunities to maximize rebate value," said Michael Lonergan, President of PSG. "Innovation is central to our mission. Artemetrx Rebate Monitor is the latest achievement in our 25-year legacy of client advocacy."
