Contract Operations

So Much More Than Just Processing Claims

Contract Operations Services

When the PharmaMetrics Contract Operations team handles your contract management and claims processing, you can focus your time and resources on more strategic areas of your managed markets strategies. Not to mention, we can pay the claims for you as well - which can be a lifesaver when accounts payable is closed for year-end. But our contract processing services go far beyond doing just the paperwork. We can do the analysis for you, too.

The PharmaMetrics Contract Operations Services can handle all aspects of the more traditional contract management and processing, with a goal of making sure that every rebate dollar paid across every channel reflects the exact investment defined in your contracts.

  • We differentiate ourselves by doing so much more; we can be involved in almost every aspect of the contract life cycle process.
  • We assist in determining the appropriate pre-deal financials linked to the deals and then take an active role in analyzing all aspects of brand, channel, contract payer performance.

We will help you reduce risk and increase net profits while helping you to manage the ever-changing complexities of contract management, processing and analysis. We also provide data scrubbing, and online access to your portfolio's performance so you can easily analyze performance, market share and profitability by product, by payer, across and within the managed markets channels.

Additionally, we can also support your business needs as they relate to:

All of this is done with a goal of reducing your risk & increasing your profits – that’s what we do best.

In a typical year, we will process thousands and thousands of State Medicaid Programs and related Supplementals across hundreds of NDC's within multiple sets of labeler codes. We will process hundreds and hundreds of Commercial and Medicare Part D agreements

We will also process required Medicare Part D Coverage Gap and TriCare requirements

PharmaMetrics contract management and processing services are reliable, timely, secure, and efficient.

All contract and customer data is hosted on our servers in industry-standard SSAE-16 (former SAS 70 Type II) complianct facilities in multiple locations. We use software, not spread sheets, to provide you with the analytics and reports you need within hours after we are finished processing, which is available to you 24 hours a day/7 days a week.

PharmaMetrics has the expertise, the software, and economies of scale, to help you structure and manage your agreements with precision.

  •  “What sets PharmaMetrics apart is the depth and breadth of their true business knowledge.”
            -- Director, Contracts, Top 20 Pharma

  • “PharmaMetrics solutions can either be a complete business solution or independent modules that supplement your current business infrastructure.”
            -- Director, Contracts, Top 20 Pharma

  • “The implementation was easy and I didn’t need any training whatsoever. If you know how to do your job – the system follows your process. You don’t have to change your process to meet the systems needs.”
                -- Director, Corporate Compliance, Dermatological Company

  • “The industry experience and knowledge of their expanded team of experts sets them far apart from other service providers within the industry.”
                -- Director of Contracting, Amarin Pharma Inc.

  • “PharmaMetrics offers the services and software to handle all of our Managed Markets needs from front-end pricing analytics to the ban-end contract administration.”
            -- Sr. Director, Contract Management, Top 10 Pharma

  • “The robust reports generated enable more accurate forecasting and financial analysis.”
            -- Sr. Director, Top 10 Pharma