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Argus offers the industry-leading approach to rebate administration for
customers who choose to contract directly with manufacturers. Argus'
Rebate Administration System is the most progressive rebate tool available, simplifying complex contract administration, invoicing,
and reporting.
We can provide full administrative support for your rebate contracts, including complex market share calculations for each individual contract. The system's comprehensive NDC search facility is designed to include all drugs covered under the terms of your contract in your rebate reports and invoices. Revenues are maximized and cash flows are improved. Once the contract terms are loaded, the system generates an easy-to-understand summary that can be used for manufacturer negotiations and review. You keep your rebate savings, without having them routed through Argus or any other third party. Manufacturer checks go directly to you, so that you can take full advantage of all contract terms and conditions. We have streamlined the generation of manufacturer invoices. Invoices are created for each drug manufacturer within 15-20 business days of the quarter's close—compared to the 90-180 days that are standard in the PBM industry. This rapid turnaround time vastly improves your cash flow and positively impacts your bottom line. |
The following chart displays the additional bottom-line revenue with
Argus:
View This Chart Argus offers a variety of standard reports, and we provide the reporting and electronic transfer of data required by drug manufacturers to document formulary rebate payments. The reconciliation function allows you to reconcile the Manufacturer's Rebate Invoice produced by the Rebate Administration System against the invoices and checks received from the manufacturer. This system allows you to improve management of rebate accounts receivable. By upgrading its proven Rebate Administration System, Argus is taking it to the cutting edge of technology—offering a variety of access points. We designed an infrastructure that provides access to Argus' rebate administration application via the Internet, frame relays, virtual private networks (VPNs), or lease lines. By presenting these options, we allow you to do business on your own terms. A new standard is emerging for rebate administration. The clarity and simplicity of Argus' Rebate Administration system help facilitate more profitable manufacturer contract negotiations. More importantly, because you control your manufacturer contracts, you keep every penny of your rebate dollars—without any costly third-party administrative fees. return to: solutions: Pharmacy |
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