Proven expertise, proven technology.

With Thirdwave, pharmacy cost management goes from complicated to automated. Healthcare providers are saving millions with our expertise and technology. To date, we have helped save over $250M each year across $25B in wholesale acquisition costs (WAC).

Take control of your pharmacy costs

Our solutions

Real-Time Claims Adjudication

Our proven technology adjudication analyzes claims data in real-time to ensure accuracy and monitor adherence with partner organizations. Real-time adjudication reduces the incidence of dual claims, denials, and improves internal processes.

Formulary Management

Thirdwave’s pharmacy experts conduct ongoing therapeutic class reviews to identify and recommend opportunities that maximize rebate yields while supporting providers’ clinical decision-making processes.

Automated Rebate Administration

Our clients get paid monthly with no upfront costs. Our proprietary technology uses powerful automation to review clinical and pharmaceutical data, identifying every eligible rebate and submitting compliant claims.

Robust Analytics and Reporting

Knowledge is power. Our intuitive dashboards and reports provide information and insights that help leaders make decisions that make a difference.

Therapeutic Interchange Programs

Ensure only specific drugs selected for their clinical efficacy and cost savings are dispensed with Therapeutic Interchange (TI) letters that give medical directors a tool to enforce formulary preferences.

Automate your zero-risk savings

Helping healthcare achieve its lowest net drug cost

Hospital Systems Specialty Providers LTC Pharmacies Correctional Pharmacies LTC Facilities PBMs

Hear From Our Customers

The insight Thirdwave provides and resulting savings were both unexpected and unparalleled in my experience.

CEO

21 Facility Operator

We have found that an extra several thousand dollars every quarter has been a welcome addition to our pharmacy operations.

VP Operations

State Veterans Home

When Thirdwave RX approached us, we didn’t even know rebates were a thing. Obviously getting those first checks was shocking–in all the right ways–but what has been even more shocking are the cost savings and efficiencies we have experienced with Thirdwave RX.

VP Operations

23-Facility Operator

It’s nice to know that every claim on our pharmacy invoice is being run through an automated check. This technology gives us incredible insight into our pharmacy bill. Previously, it was impossible to check and verify that we were being billed correctly. The findings have been astounding!

Dov Lebovic

Administrator

Concourse Rehabilitation

Not only has Thirdwave RX allowed us to capture substantial dollars in eligible rebates, but has also provided cost saving through pricing reports. We are much more confident that we are getting the most of our relationship with our pharmacy.

VP of Procurement/Ancillary Services

Thirdwave RX provides us with proactive pharmacy cost management services and rebate administration. Thirdwave RX saves us time and money by doing the work for us and has helped to substantially reduce our pharmacy spend. Through their technology platform, Thirdwave RX has the ability to capture savings that would normally go unnoticed and end up on your facility bill. Through Thirdwave RX’s formulary management and rebate administration we have received a guaranteed rebate, further reducing our pharmacy spend. The cost containment and rebate program has saved us many thousands of dollars per month!

Toby Laufer

Director of Pharmacy Services

Paragon Management

Before Thirdwave RX, much of our pharmacy spend management was conducted manually. This technology gave us incredible insight into our pharmacy bill. As a result, our savings have increased significantly and we are receiving very significant rebate dollars as well. We have been impressed not just with the technology, but with the support we have received from the Thirdwave RX team through implementation with all of our many pharmacies. We feel like we have access to experts who have answers to all that is related to our pharmacy spend.

VP of Procurement

Multi Facility Operator

Pharmacy contracts have been something that have been confusing and hard to understand for the entire time I've been in this business and with Thirdwave RX’s help and their assistance, we have a better handle, better understanding, and direction on where we're going with pharmacy and pharmacy spend.

Eddie Bangerter

CEO

Rocky Mountain Care

Lower your drug spend
today.

Talk to one of our experts and learn how our technology and expertise help you lower your share of spend.