ThomasNet News Logo
Sign Up | Log In | ThomasNet Home | Promote Your Business

Web-Based SaaS Platform monitors, analyses pharmacy benefits.

Print | 
Email |  Comment   Share  
August 21, 2014 - Applying SaaS model, Reveal™ v2.0 delivers real-time surveillance and analytics, retrospective and predictive, for pharmacy benefit oversight. Web-based software tool enables monitoring of pricing, process, formulary, and rebate adherence. Also included, full suite of Centers for Medicare and Medicaid Services (CMS) oversight products feature automated reject analysis, comparisons of source to PDE claims, and all other CMS oversight requirements.

TRICAST Launches New Version of Web-Based Pharmacy Benefits Surveillance and Analytics Software Tool


TRICAST Inc.
Research Park
Milwaukee, WI, 53226
USA



Press release date: August 14, 2014

New Products and Delivery Model Aim to Solidify Position as Industry Innovation Leader

MILWAUKEE -- TRICAST, Inc. today announced the availability of Reveal(TM) 2.0, its cutting-edge web-based software tool that leverages nearly two decades' worth of prescription drug benefit consulting expertise.

"We've baked all our knowledge into a product that delivers real-time surveillance and analytics (both retrospective and predictive) for comprehensive pharmacy benefit oversight. There's really nothing else like it in our industry," said TRICAST President Greg Rucinski.

The release of Reveal also marks TRICAST's entry into the software as a service (SaaS) market space. SaaS is a software and licensing delivery model in which the software is licensed on a subscription basis and is centrally hosted.

"Applying a SaaS model in the healthcare industry has the potential to significantly reduce our client's IT support costs as well as allowing Reveal(TM) to grow with the client without incurring additional IT capital expenditures," noted Director of Infrastructure Chris Favero.

Reveal enables TRICAST clients to monitor pricing, process, and formulary and rebate adherence. The tool also includes a full suite of Centers for Medicare & Medicaid Services (CMS) oversight products such as automated reject analysis, comparisons of source to PDE claims, and all other CMS oversight requirements.

"We've learned a lot about what's important to the healthcare marketplace in our two decades of consulting and we've built it into Reveal," said Director of Software Development Ken Ullsperger.

For example, many need an automated method of importing data that's integrated with fixed files such as Medi-Span® or First DataBank® pharmaceutical information, CMS watch list criteria, CMS gap discount information, taxonomy files, and other decision-support information.

"We want to be very clear: TRICAST is not abandoning our tried and true consulting offerings. What it really means is that we are empowering our clients by harnessing the benefits of our fifteen years of experience and making it available to them," concluded Rucinski. "Our Reveal clients benefit because their pharmacy benefit data is available for comparative analysis at a daily, hourly and even down to the minute frequency. Our Reveal clients can now focus on the road ahead instead of looking back at what has already transpired."

About TRICAST

TRICAST is a pharmacy data analytics company utilizing industry expertise and powerful software tools to empower our clients to make decisions that lower their healthcare costs and efficiently manage their pharmacy benefit programs. TRICAST is headquartered in Milwaukee, Wisconsin. We serve clients nationwide.

Media Contact
Rob Shelley, Senior VP of Business Development
612-940-6390
Email
Print | 
Email |  Comment   Share  
Contacts: View detailed contact information.


 

Post a comment about this story

Name:
E-mail:
(your e-mail address will not be posted)
Comment title:
Comment:
To submit comment, enter the security code shown below and press 'Post Comment'.
 



 See related product stories
More .....
 See more product news in:
Software
 More New Product News from this company:
Pharmacy Benefit Surveillance Software delivers real-time QA.
Software promotes cost forecasting for drug programs.
More ....
| Featured Manufacturing Jobs
 Tools for you
Watch Company 
View Company Profile
Company web site
More news from this company
E-mail this story to a friend
Save Story
Search for suppliers of
Heath Care Finance Administration (HCFA) Software
Data Analysis Software
Database Management Software
Data Collection Software
Join the forum discussion at:
Engineers Lounge




Home  |  My ThomasNet News®  |  Industry Market Trends®  |  Submit Release  |  Advertise  |  Contact News  |  About Us
Brought to you by Thomasnet.com        Browse ThomasNet Directory

Copyright © 2014 Thomas Publishing Company. All Rights Reserved.
Terms of Use - Privacy Policy



Error close

Please enter a valid email address