Innovative rebate agreements
OptivanceX introduces a rebate contract agreement free of 340B claims, enabling manufacturers to establish tailored agreements that incentivize payers of all types to operate within a transparent, compliant, and 340B-clean framework
Contract Management
Manage and track rebate agreements with precision. Tungsten+ R™ captures critical details like complex terms, rebate calculations, exclusions, and more, ensuring that all relevant data is easily accessible and accurate.
Easily Set Up Plan Clients and Formularies
Quickly set up plan clients and manage their formularies in a few clicks. With Tungsten+ R™, you can effortlessly map out client-specific plans, ensuring all the necessary rebate calculations and requirements are met.
Claim Adjudication Multi Data Share Formats
Tungsten+ R™ supports multiple data-sharing formats to streamline the exchange of rebate information, ensuring that all parties involved in the process can communicate seamlessly.
Claim adjudication Filter Claims
Our platform filters out claims, including 340B claims, that are not eligible for rebate, saving time and reducing manual error. Only valid rebate claims are processed, improving accuracy and operational efficiency.
ALL LOB And Rebate ARRANGEMENTS
State of the Art reporting and Modeling
ALL LOB And Rebate ARRANGEMENTS
Tungsten+ R™ supports all lines of business, including pharmacy and medical rebates. Our platform ensures that all your rebate calculations are done accurately, regardless of the complexity.
Perform Basic Formulary Checks
State of the Art reporting and Modeling
ALL LOB And Rebate ARRANGEMENTS
Perform basic formulary checks with ease. Tungsten+ R™ provides functionality to ensure that formulary requirements are met before rebate calculations are performed, reducing errors and improving workflow.
State of the Art reporting and Modeling
State of the Art reporting and Modeling
State of the Art reporting and Modeling
Gain unparalleled insights with Tungsten+ R™’s versatile reporting capabilities. Effortlessly analyze data with dynamic, customizable reports that uncover key trends and opportunities — whether through standard reports or tailored ad hoc analysis.
Collaborative Workflow Platform
Tungsten+ R™ allows Payers, PBMs, and Manufacturers to collaborate directly within the platform without the need for file sharing or external communication. Streamline your workflow and ensure everyone is on the same page at all times.
Invoices and Reports NCPDP Standard
Tungsten+ R™ supports the NCPDP Manufacturer Rebate Standard, ensuring that your invoices meet industry standards for efficient processing and reconciliation.
Reconciliation
Effortlessly reconcile rebate data with our automated tools. Tungsten+ R™ ensures that your rebate invoices align perfectly with your contractual terms, reducing discrepancies and ensuring accuracy.
Aging Reports
Keep track of outstanding rebates with aging reports that provide clear visibility into overdue invoices, allowing you to follow up on outstanding claims and ensure prompt payments.