Pharmacy Technology Resource, LLC., Launches New Initiative to Assist Institutional Pharmacies

United States of America (Press Release) July 24, 2008 -- The Pharmacy Technology Resource (PTR) is dedicated to the independent pharmacy owner or management team searching for the best technologies available to assist the pharmacy business operators reach their goals and objectives. The PTR is dedicated to finding and promoting the best technologies for pharmacy to help increase revenues and create greater efficiencies. The PTR will curb costs and save pharmacy operators time by being a one-stop-source for pharmacy technologies and operation consulting.

The PTR is free consultative/ evaluation service to all independent LTC, Assisted Living, and or Institutional pharmacies.
Pharmacy Technology Resource, LLC.

The PTR has recently partnered with an Automated Contract Management Benefits solutions provider - called Health Intelligence Systems.

This new technology automates and oversees pharmacy payer contracts.
• Identify Payment Variances
• Improve Communications with Payer
• Increase Cash Flow
• Negotiate Better Contracts
• HIS’s Claims Review Process is Similar to that of the Payer Claims Processing Contractors.
• HIS analyzes claims data using their proprietary techniques
– to identify claims that clearly contain errors resulting in improper payments
– and those that likely contain errors resulting in improper payments.

• In the case of clear improper payments, Pharmacy notified to collect any underpayment amounts.

"We are pleased to have another PTR partner with benefits and solutions geared towards independent long-term care pharmacy", commented Todd Eury, Executive Director, "that can help increase revenues and improve the businesses that ultimately support a better life for our elderly."