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:5/3/2016)... ... May 03, 2016 , ... Park Cities Pet Sitter has openings ... to the 75204, 75205, 75206, 75209, 75219, 75220, 75225, 75229, 75230, 75231 and 75235 ... Hollow, North Dallas, Plano, Preston Hollow and Park Cities areas of the Metroplex. ...
(Date:5/3/2016)... (PRWEB) , ... May 03, 2016 , ... ... as one of Canada’s top Information and Communication Technology (ICT) companies in the ... and Multinational ICT companies operating in Canada, as ranked by revenue. , ...
(Date:5/3/2016)... ... May 03, 2016 , ... ... the latest release of DocAve 6 Service Pack (SP) 7, the ... to SharePoint 2016 and take advantage of the platform’s latest features – whether ...
(Date:5/3/2016)... ... 2016 , ... Hydra Skin Sciences, a top-rated skincare company based ... new anti-aging skin care product that integrates Snow Algae Powder and six ... seventy-five thousand units worldwide within the first two months of release. , “We set ...
(Date:5/3/2016)... ... May 03, 2016 , ... On ... the line’s largest cruise ship ever. To help guests explore this new ... the Carnival Vista ’s most exciting features and accommodations. , Explore ...
Breaking Medicine News(10 mins):
(Date:4/29/2016)... April 29, 2016 ... Financier Sanofi, leader mondial ... ses résultats pour le premier trimestre ... Jérôme Contamine, commente les résultats du ... perspectives pour le reste de l,année. ...
(Date:4/29/2016)... 2016 Automation is one of ... to the growing demands for productivity in speed, accuracy, ... systems are already adept of a wide range of ... manual labor. Instrumentation continues to evolve, and is poised ... a few years ago. Originally used mostly by the ...
(Date:4/28/2016)... , April 28, 2016  While Abbott,s ... complement the company,s valve repair and stent business, ... also places Abbott more firmly into patient monitoring.  ... the fastest growing device areas, with double-digit growth ... recent report,  Advanced Remote Patient Monitoring ...
Breaking Medicine Technology: