TransactRx

IT Services and IT ConsultingUnited States11-50 Employees

TransactRx provides unique reimbursement solutions to the medical and pharmacy marketplace using its patented Cross Benefit Clearinghouse transaction platform. The Cross Benefit Clearinghouse seamlessly integrates the nation’s real-time pharmacy claims processing infrastructure with the nation’s medical claims processing infrastructure. This unique platform enables reimbursement programs that cross between the medical and pharmacy benefits. TransactRx enables pharmacy providers to be reimbursed for products and services covered by a patient's medical benefits and enables medical providers to be reimbursed for products and services covered under a patient's pharmacy benefits. The transaction platform also provides complete pharmacy and medical claims adjudication and payment processing services. The Cross Benefit Clearinghouse was designed for and operates completely in the cloud using the latest technologies available. An API with an extensive list of endpoints provides all functionality of the transaction platform to software vendors to include in their products.

Some of the services offered include:
- Payers moving medical specialty drugs from the medical benefit to the pharmacy benefit
-  Medical Providers being reimbursed for Specialty Drugs covered by pharmacy benefits
- Medical Providers being reimbursed for Medicare Part D covered vaccines
- Pharmacies being reimbursed for Medicare Part B and commercial insurance covered vaccines
- Pharmacies being reimbursed for Covid-19 vaccines
- Discount Rx Adjudication Platform

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