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Case Study: Identifying Millions of Dollars in Cost Savings

Dec 9, 2024

We recently completed a pilot study to confirm the viability and value of collecting post-administration inpatient drug rebates for a large health system. If validated, this would significantly improve their drug costs across 60 post-acute care hospitals in more than a dozen states.

Using three months of data from five of our client’s hospitals, we proved the potential of the Thirdwave drug cost management platform. Following this pilot study, we are delivering $4M in annualized value with little administrative effort required from our client.

Read our case study to learn how we did it.

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Proven expertise and technology for health systems

Thirdwave’s health systems advisory team works with some of the largest organizations in the country, powered by a proven technology stack that has unlimited capacity to handle your data with maximum security.

Through a combination of advanced automation and industry expertise, we work closely with procurement, pharmacy, and finance departments to align your drug utilization with data-driven insights on preferred drugs per therapeutic class.

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Thirdwave RX is a rebate administration solution that helps healthcare providers achieve their lowest net drug cost. Our team of healthcare, pharmacy, and financial professionals solve critical challenges in the healthcare ecosystem. With a proprietary technology stack and proven automation, Thirdwave offers the most innovative rebate product and services on the market.

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