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RxQuickSave: Your Questions Answered
How does RxQuickSave work?
Through our integration with InteliSys, RxQuickSave is setup to operate behind the scenes in BestRx, whenever a claim is initiated using a discount card. Once triggered, it automatically compares the price the patient will pay out of pocket AND the amount your pharmacy will receive using the discount card to the RxQuickSave program. Whenever the program identifies a better financial outcome for you and your patient, the claim will be updated and processed through RxQuickSave instead.
How is RxQuickSave different from traditional discount/coupon cards?
RxQuickSave is built into the BestRx Pharmacy Management System and automatically runs a cost comparison behind the scenes, eliminating integrated with your BestRx software and is triggered to run a cost comparison any time a discount card is being used for a claim. This eliminates the time-consuming process of having to manually entering enter and comparing compare claims yourself.
Is there a cost to use RxQuickSave?
The RxQuickSave is included program is offered as a free integration/service in your BestRx software, so there . There is no additional fee to active activate the program . When using RxQuickSave, and all price comparisons are done at no additional cost to you. If you elect to process When a claim is processed through RxQuickSave, it is not submitted through the switch provider, so there is no processing fee associated either. In fact, claims are ONLY processed through RxQuickSave when the program , it's free of DIR fees and excessive admin fees as wellfee is less than the admin fees associated with the discount card.
How are the admin fees collected by RxQuickSave?
The program utilizes the same aggregation process that PBMs use to reconcile claims and reimburse pharmacies. RxQuickSave shares its claims processing and switch with InteliSys/ProCare, so they are sent to the clearinghouse collectively. That way, any administrative fees associated with claims processed through RxQuickSave will be automatically deducted from the total amount you’re reimbursed. Your reimbursement reports will also list which admin fees were paid to InteliSys (RxQuickSave) or ProCare respectively.
How much can my patients save through RxQuickSave?
It is important to keep in mind, the savings amount varies by claim. In some cases, RxQuickSave can provide your patients with savings up to help patients save as much as 94% on their prescription medications and other durable medical goods, while simultaneously increasing your profit margin on each claim processed. Again, the program will only be used if the amount the patient will save is higher than the discount card savings. This way you can ensure it is mutually beneficial for your patients and store.
Can all patients, regardless of their insurance status, utilize RxQuickSave?
A patient’s insurance status does not impact their eligibility to use RxQuickSave. It is available to all patients nationwide, whether they are insured or not. In fact, in many cases the RxQuickSave price is lower than the copay amount on funded claims.
Do I have to use RxQuickSave for every patient?
While it is not a requirement, we strongly encourage you to run RxQuickSave for every prescription claim (including refills) that you process and dispense. Prescription discount card programs and pharmacy benefit plans are loaded with ingredient spread and high admin fees that lowers a pharmacy’s margin and increases the cost to the patient. Utilizing RXQuickSave provides you with a no-cost, no-risk way to ensure you are receiving the highest possible profit margin for your pharmacy and the lowest cost for your patientsWith that being said, the program is only triggered when a claim is being processed through a discount card, not an insurance provider.
Will my pharmacy benefit financially by using RxQuickSave?
Yes! RxQuickSave will increase the overall profit margin on your claims. Additionally, the savings you'll be able to offer your patients will help increase your can help you increase your store’s profit margins by identifying opportunities where the program’s fees for a particular claim are less than any admin fees associated with the discount card being presented. Additionally, by proactively finding ways to save your patients money, you’ll increase patient satisfaction and loyalty as well.
How will I know if the discount will negatively affect my profit margins?
RxQuickSave will only display if and when there is an opportunity to offer patient savings and increase the your pharmacy's profit margin on a prescription claim. This eliminates the possibility that you’ll receive a lower amount on claims being processed through the program.
Who pays for the prescriptions that are approved by RxQuickSave?
Once approved, all any prescriptions processed through RxQuickSave are converted to cash claims and your patients will pay the full amount of the prescription claimat the time of service.
Are there any DIR fees or clawbacks associated with RxQuickSave?
There are no DIR fees associated with RxQuickSave. Instead, RxQuickSave builds a nominal transaction fee into the cash price of the prescription, all of which the patient pays.
How does the reimbursement process work and when will I receive payment?
With RxQuickSave, there is no reimbursement process at all. Since you don’t have to wait to be reimbursed, since claims are processed as cash , you will receive payment and payments are collected from the patient in real-time.
What will I need to do to train my staff?
BestRx prides itself in offering pharmacies intuitive, user-friendly software to optimize and support their daily workflows. RxQuickSave is no exception, getting started is simple - check out our Stay tuned, we will be releasing a step-by-step tutorial video and see for yourself! https://vimeo.com/652205725 (with password: bestrx310)to help you and your team become more familiar with the program.
How should I educate my customers about the program?
Always inform patients of their savings when they are able to utilize the RxQuickSave price. Sharing the amount they saved on their prescriptions versus their insurance benefit or the additional savings you were able to provide them using the program instead of the prescription discount card price will build trust and customer loyalty.
What is the catch?
Although it may seem too good to be true, there’s no catch. BestRx not only strives to deliver the highest quality operating system in the industry, they're constantly looking new ways to provide additional value and increased efficiencies for their valued customers. RxQuickSave delivers just that.
Ready to get started?
RxQuickSave can be enabled with a few simple clicks! To learn more, contact BestRx Customer Support at (866)339-1746, option 1.