Navigation Links
TransactRx Releases Part 1 of Series – Buying Vaccines from Group Purchasing Organizations
Date:5/8/2013

Coral Gables, FL (PRWEB) May 08, 2013

TransactRx, the nation’s leading Medicare Part D Vaccine Physician Billing Service, announced today that it has released Part 1 - Smart Purchasing of its 5-part educational blog series titled “Running a Profitable Adult Vaccine Program in Your Practice”. The company will be publishing a new part each week of the series through June 9th on its new blog site: http://www.transactrx.com/medical-blog

Practitioners have always been scared of the term Buy & Bill. It usually means to them - "I have to buy and stock inventory on a product that may take me a long time to get paid and in many instances I am not sure how much I will get paid." This fear has caused many providers to not offer vaccines, leaving patients with the option of having to go to the local clinic. However, thousands of physician practices have found that they can implement a successful and profitable adult vaccine program in their practice.

One of the first steps in developing a successful adult vaccination program is making sure you are buying product at the best possible price. One way to do this is by purchasing through Group Purchasing Organizations such as Physicians’ Alliance of America. Group Purchasing Organizations pool their accounts for the best buying clout and pass the savings on to their members. This could help add a few more percentage points to a program's overall profitability. Every dollar counts. Group Purchasing Organizations are typically easy to join and free of costs. Many times they also provide additional resources to help support a specific vaccination program.

‘We’ve found from our successful physician practices that a key component to a profitable vaccination program is buying the vaccines at the right price and in the right quantities,” said Jack Guinan, CEO, TransactRx, “Whether you are buying from a GPO or direct from the manufacturer make sure you are buying in bulk and are asking for all available discounts.”

TransactRx is on a mission to inform physicians and other healthcare providers, “Vaccines are Good Medicine and Good Business.”

About TransactRx http://www.TransactRx.com
POC Network Technologies, Inc. d.b.a. TransactRx is a national provider of reimbursement solutions for vaccines and specialty pharmaceutical products administered at the point-of-care. The TransactRx proprietary cross-benefit technology platform seamlessly connects the nation’s pharmacy and medical transaction infrastructures to enable physicians, public health departments and pharmacies to check coverage information and submit claims for both medical and pharmacy benefits. The Company’s unique national provider networks significantly reduce the cost and effort associated with contracting a large numbers of providers to administer a particular vaccine or group of pharmaceutical products. The combination of technology and provider networks assists payers of all types.

Read the full story at http://www.prweb.com/releases/vaccine-physician-billing/transactrx-com/prweb10707425.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. TransactRx Pharmacy Vaccine Billing Provider Partners with R.J. Hedges & Associates
2. AGA releases first independently developed ABIM-approved Practice Improvement Module in GI
3. Markle releases new resources for health information sharing implementation
4. ASCO releases studies from upcoming annual meeting
5. Boys Town Releases 5 Signs of Heat Stroke in Kids
6. MTSS-mba Membership Benefits Administration Software for Private and Taft-Hartley Employee Benefit Funds Releases New Pension Modules
7. Muscular Development Store Releases the Optimum Performance Workout for High Intensity Training
8. Premier global health journal, The Lancet, releases series on universal health coverage
9. Institute for Population Health Improvement releases buyers guide for health information exchange
10. CSHL Press releases new book on the biology of drug addiction
11. Nathan Wells Releases Audiobook Detailing Battle with Undiagnosed Medical Condition
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... , ... June 25, 2016 , ... On Friday, June ... a Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments ... of the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott ...
(Date:6/24/2016)... ... 24, 2016 , ... June 19, 2016 is World Sickle Cell Observance Day. ... the benefits of holistic treatments, Serenity Recovery Center of Marne, Michigan, has ... , Sickle Cell Disease (SCD) is a disorder of the red blood cells, which ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... for accelerated orthodontic treatment. Dr. Cheng has extensive experience with all areas of ... AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation is a revolutionary adjunct to ...
(Date:6/24/2016)... , ... June 24, 2016 , ... ... at the Clinical Decision Making in Emergency Medicine conference in Ponte Vedra Beach, ... journal articles published in Emergency Medicine Practice and Pediatric Emergency Medicine ...
(Date:6/24/2016)... ... ... National recruitment firm Slone Partners is pleased to announce the ... as Vice President of North American Capital Sales at HTG Molecular . ... team in the commercialization of the HTG EdgeSeq system and associated reagents in North ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , Belgium , June 24, ... VNRX), today announced the appointment of Dr. ... Directors as a Non-Executive Director, effective June 23, ... Audit, Compensation and Nominations and Governance Committees.  As ... Futcher will provide independent expertise and strategic counsel ...
(Date:6/23/2016)... 23, 2016 Any dentist who has made an ... current process. Many of them do not even offer this ... and high laboratory costs involved. And those who ARE able ... such a high cost that the majority of today,s patients ... Parsa Zadeh , founder of Dental Evolutions Inc. and ...
(Date:6/23/2016)... , June 23, 2016 Research and ... Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data derived ... Assessment of major trends with potential impact on the market ... of market segmentation which comprises of sub markets, regional and ...
Breaking Medicine Technology: