The Contracts & Chargebacks Solution delivers real value to both the top and bottom line for healthcare product manufacturers. The MediLedger Network has expanded the Contracts & Chargebacks solution from the pharmaceutical industry into the medical, surgical and healthcare product industry. Other benefits include the elimination of unnecessary add/re-bills for improved customer service, more accurate/timely government pricing based on accurate chargeback data, reduced compliance risk from real-time adherence to the DEA database, immediate contract activation and (for generic manufacturers) increased sales from faster price changes in wholesaler systems. Manufacturers also see a large reduction in revenue leakage from the elimination of unapproved deductions/unresolved chargeback settlements, incorrect chargeback approvals, credits/returns incorrectly rejected as duplicates and low dollar chargebacks under the threshold for review.
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Manufacturers who join the network with Contracts & Chargebacks see massive time savings by eliminating/improving manual processes like resolving chargeback errors, evaluating new customers, managing GPO membership and auditing customer master data.
The Contracts & Chargebacks Solution delivers real value to both top and bottom line. The Product Verification solution delivers cost effective compliance with DSCSA, as well as improved industry collaboration around product transfers of ownership.
Value comes in many forms whether an organization adopts an existing commercial solution or joins a working group to help shape new protocol and future industry solutions from the ground up. For pharmaceutical manufacturers, the MediLedger Network provides a platform for industry level innovation and automation with your trading partners.
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