Within 3 months, see your collections increase by 2%
Our receivable and reconciliation services for pharmacy chains and independent pharmacies offer up to 99.9% collections using our PharmTracker™ Software, AI, and our Domain experts. We have developed extensive processes and technology to manage pharmacy receivables for clients of varied scale.
We process paper and electronic pharmacy claims into our system, and also the remittance advice (RA) in NCPDP or 835 format. PharmTracker™ is Tranquilmoney's AI backed solution for reconciling pharmacy claims with RAs / checks and providing the maximum collections.
While the average pharmacy collections are 92%, our pharmacy billing services offer up to 99.9% collections. We also try and recover your backlogs. Outsourcing this time-consuming and complicated process to Tranquilmoney results in saving time and increased revenue.
We have developed extensive processes and technology to manage pharmacy billing for clients of varied scale.
While physical documents are scanned in the US, data capturing, processing reconciliation and AR follow up is done in our offices in India.
We process paper and electronic pharmacy claims and also the remittance advice (RA) in NCPDP or 835 format into PharmTracker™ , Tranquilmoney's AI backed solution for reconciling pharmacy claims with RAs / checks, enabling 100% matching of the two. This allows follow up of the unpaid or partially paid claims. Our system also talks to many Enterprise Pharmacy Systems (EPS)
Our proprietary web-based solution for pharmacy receivables management. It addresses reconciliation of checks with corresponding payment, application of payments to claims, exception processing, reporting and compliance with laws.
Since implementing this solution, we have reduced our bad debts and increased business efficiency. I believe this solution is a highly effective resource. We have found a partner that understands the retailer perspective and the nature of the business
A huge pharmacy chain was finding it problematic to manage claims, identify unpaid claims, and reconcile claim payments. With our process, software, and domain experts, we delivered 100% claim reconciliation and 99.9% collections.
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