Healthcare Data Analytics Corporation
Optimizing Pharmacy Operations and Revenue

About Us

Healthcare Data Analytics Corporation specializes in helping healthcare organizations enhance the efficiency and profitability of their pharmacy services through innovative data-driven solutions.

Our Services

Pharmacy operations, compliance, and drug diversion

  • Pharmacy operations, compliance, and drug diversion are critical areas that require specialized expertise.

  • Pharmacies face significant compliance obligations under the Controlled Substances Act (CSA) and Drug Supply Chain Security Act (DSCSA). This includes requirements around documentation, drug ordering, inventory management, dispensing, diversion prevention, and more.

  • Failure to maintain compliance can lead to steep penalties from federal law enforcement.

  • Effective drug diversion prevention programs require a comprehensive approach focused on compliance, prevention, monitoring, and detection. Compliance creates the foundation for all prevention and monitoring activities. Prevention involves physical barriers and policies to limit access to controlled substances. Monitoring includes both physical observation of high-risk workflows and analytical audits to detect anomalies.

  • Detection is the ultimate goal, identifying any actual theft or diversion of medications.

  • We offer specialized expertise to help pharmacies address compliance, diversion prevention, and other operational challenges. Services include DEA registration compliance, electronic prescription compliance, diversion prevention strategies, and more.

Management of pharmacy revenue and payment optimization

  • Streamlining prescription processing workflows to minimize errors and expedite revenue realization.

  • Promoting patient education and engagement around medication adherence and financial responsibilities.

  • Leveraging revenue cycle management software and services to bring clarity and transparency to third-party claims submission, reconciliation, and auditing.

  • Utilizing data analytics and reporting to gain visibility into the revenue cycle, track key metrics and identify opportunities for improvement.

  • Outsourcing certain revenue cycle functions like claims chasing and audit management to dedicated experts.

  • Investing in digital transformation and centralized data repositories to enable more accurate demand forecasting, pricing, and regulatory compliance reporting amid challenges like inflation and supply chain disruptions.

Payor contract review

  • Provide specialized expertise to support comprehensive payor contract review, negotiation, and ongoing management.

  • Help pharmacies navigate the complexities, identify optimization opportunities, and implement the right systems and processes.

Pharmacy Supply Chain Consulting Services

We offer specialized supply chain analysis and optimization services for pharmacies and healthcare organizations.

Our services help pharmacies:

  • Improve drug cost containment and inventory management.

  • Increase operational efficiencies and decrease drug waste.

  • Leverage data analytics and insights to make effective purchasing decisions.

  • Ensure compliance with regulations like the Drug Supply Chain Security Act (DSCSA).

  • Contract review and negotiation.

  • Shortage mitigation.

Specialty pharmacy establishment and integration

  • Specialized distribution and delivery capabilities.

  • Comprehensive billing and claims management.

  • Clinical services like adherence programs and patient monitoring.

  • Robust data reporting and analytics.

  • Establish HUB relationships and leverage existing payer agreements.

  • Pursue exclusive or preferred payer contracts.

  • Achieve specialty pharmacy accreditations.

  • Expand into limited distribution drugs.

Pharmacy IT consulting services

  • Selecting the right pharmacy management system and software.

  • Optimizing hardware, networking, and telecommunications.

  • Leveraging data analytics and reporting.

  • Ensuring compliance with regulations like HIPAA and DSCSA.

  • Evaluating and integrating new technologies.

Drug Diversion

Highlights of a Robust Drug Diversion Program Engagement

Drug diversion in healthcare setting is highly concerning and have impactful consequences on patients, employees, and the organization. It is estimate that 10-15 % of healthcare workers will abuse drugs or alcohol during their careers. It is estimated that Drug diversion cost US $72 billion annually. “Diversion Check “ is a customizable Diversion Program that delivers an end-to-end solution to:

  • Provide current state assessment of your organization-controlled substance practice in all settings where CS are transacted. This is expandable to other non-controlled substances drugs that you identify as a diversion potential risk.

  • Provide additional external expert double-check on your current approved policies & Procedures and action plans related to CS and Drug diversion expected controls, practice & findings mitigation plans.

  • Provide a forensic DEA like Mock audit to prepare your organization for such audits.

  • Provide support related to your Controlled substance diversion prevention program.

Our Expertise

Our team boasts over 100 years of collective experience from Fortune 10 companies, ensuring that our healthcare clients receive unparalleled expertise in optimizing pharmacy operations and revenue.

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