Amerinet Further Empowers Members To Ensure Savings and Quality Through Decision Rx.ST. LOUIS -- Amerinet Inc., a leading national healthcare group National Healthcare Group is Singapore's second largest group of healthcare institutions. The group was formed in 2000 and has three public hospitals across the island, five specialist centres and runs eight polyclinics as well. purchasing organization, announces the availability of Decision Rx, a new suite of Web-based tools which allows Amerinet members to reach optimal margin improvements. "Tools that provide accurate reporting results lead to the best supply chain decisions," said Gary Freeman Gary Freeman is the name of:
The Amerinet Decision Rx suite of tools is available through the member resources section of Amerinet's Web site and consists of; Amerinet Pharmacy Price Management, Amerinet Pharmacy Price Auditing, powered by Amerinet Diagnostix AccuPrice and Amerinet Pharmacy Optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. and Analysis. Amerinet Pharmacy Price Management includes reports on historical, current and future pricing; available rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. information; and price/contract changes. AccuPrice is an innovative software tool that combines master file maintenance, daily price audits and staff resources to quickly identify and resolve wholesaler pricing errors. Each day, the AccuPrice software reviews all purchases and submits an audit report by e-mail to the facility including key elements such as unfavorable and favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. variances on base as well as tier pricing programs. Additionally, facility summary reports that capture and detail all pricing errors for specified time frames are compiled and distributed. These reports include purchase dates, PO number(s), and dollar amount extensions of line item variances, and any "exception pricing" that was billed outside of the individual facility's agreed upon Adj. 1. agreed upon - constituted or contracted by stipulation or agreement; "stipulatory obligations" stipulatory noncontroversial, uncontroversial - not likely to arouse controversy cost minus (i.e. drop shipments, excise tax Excise Tax 1. An indirect tax charged on the sale of a particular good. 2. A penalty tax applied to ineligible transactions in retirement accounts. This penalty is assessed by and paid to the IRS. Notes: 1. , special product billing, etc). Amerinet Pharmacy Optimization and Analysis allows members to: * Manage the cost-effectiveness of pharmaceutical purchases * Find the specific product information needed to make purchase decisions regarding product brands and pricing * Spot trends regarding the purchase contracts members tend to use when making purchases * Determine the effectiveness and tendencies of a wholesaler or manufacturer to fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. invoices. * Find the top products that represent the majority of purchases and the cost savings available for those products * View cumulative and aggregated dollar amounts of purchases * Verify purchase orders and detailed purchase information "Amerinet pharmacy members are now able to manage their pricing, audit their purchases, and optimize optimize - optimisation their margins by making confident decisions based on accurate reporting information," said Freeman. About Amerinet As a leading national group purchasing organization A group purchasing organization is an entity that leverages the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are actually paid by the vendors. , Amerinet strategically partners with healthcare providers to reduce costs and improve quality. Through its Total Spend Management solutions and operational performance improvement programs, tools and services, Amerinet assists members in their efforts to reduce costs, improve efficiencies and create new revenue streams. Supported by a team of clinical, data and supply chain experts, Amerinet offers a comprehensive portfolio of product and service contracts to address members' specific needs. Based in St. Louis with offices in Salt Lake City, Providence. R.I., and Warrendale, Pa, Amerinet serves acute and non-acute healthcare providers nationwide. To learn more, visit www.amerinet-gpo.com. |
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