A longtime leader in healthcare improvement, we’re developing new ways to revolutionize the industry.
Using Integrated artificial intelligence and machine learning, CognitiveRx® makes your pharmacy’s purchase data work for you, delivering the actionable insights you need to uncover value, enable preparedness and generate efficiency in your pharmacy supply chain.
With the proven Drug Shortage Alert model, Drug Disruption Manager can help your pharmacy be resilient and prepared! Identify drugs at risk for shortage 128 days* (on average) before an official shortage announcement. Your team would be able to identify critical areas of supply, source clinically appropriate alternative items ahead of other health systems and create proactive contingency plans.
*An early detection rate (EDR) of 76% since April 2022. CognitiveRx identified over 150 drug-route combinations at being at risk of shortage 128 days (on average) prior to the official shortage announcement.
Leverage data science and machine learning to predict drug price increases. CognitiveRx will help your pharmacy team review price increase predictions ahead of time, enabling smart advanced-buy purchase decisions.
Prepare your pharmacy and clinical teams ahead of a drug shortage with CognitiveRx Drug Shortage Alerts, which utilize over 30 different attributes to identify drugs with an elevated shortage risk.
Enable quick and efficient margin analysis with the CognitiveRx Margin Modeler. This tool will automatically pull and adjust all wholesaler purchase history to HCPCS-level volumes and cost compared to any defined reimbursement rules to provide a final margin summary.
To learn more about how CognitiveRx can help transform your pharmacy supply chain and to see an example of your data in action, contact us today.