The Advantages of GeriMed’s Data Management System
Collecting and analyzing data for members and manufacturers is an important service that GeriMed provides. Our members want to know how they are progressing on market share agreements, so in addition to collecting wholesaler information with our sophisticated data system, GeriMed now collects monthly dispensing data from each pharmacy member. This data can be provided to manufacturers and members down to the National Drug Code (NDC) number level. The data management system can sort the information by generic name or therapeutic class, and members can access our management tools to interpret this data even further.
We face constant challenges at GeriMed to implement innovative programs and improve our methods of communication to our membership. As technology changes, so do we. Through email (and faxes, for those without email) we can alert members of immediate and important contract information as well as changes to the Medicare Part D program.
GeriMed membership enables long term care, closed door pharmacies the benefits of time-tested integrity, outstanding service and low contract pricing. Being a member of GeriMed’s group service organization allows clients to reassign their personnel to more pertinent tasks by removing time-consuming clerical duties, such as reviewing invoices, inputting contracts to computers, checking the eligibility on contracts, and searching for the best deals in pharmaceutical purchasing. GeriMed becomes an extension of the members’ staff and develops a long term care partnership that can benefit both companies.