Helping LTC facilities take control of costs
Thirdwave is the nation’s largest pharmacy cost management platform serving the long-term care market.
For most long-term care and skilled nursing facilities, drug costs are their second-largest cost center. Our pharmacy experts and advanced automation help LTC operators achieve their lowest net drug cost.
Facilities utilizing our solution achieve the greatest possible economic efficiency, helping you become a competitive, effective provider and more capable at managing payer relations.
Our Services
- Real-Time Claims Adjudication
- Robust Analytics and Reporting
— Drug Utilization Review
— OTC & Waste Management - Formulary Design and Review
- Therapeutic Interchange Letters
Get unrivaled insights into your pharmacy bill
Thirdwave’s solution helps operators and facilities achieve unrivaled savings, freeing up time and resources that improve quality and care outcomes.
Our pharmacy management approach utilizes proprietary technology that adjudicates pharmacy claims in real time to support proper billing, enhance reimbursement, and monitor formulary adherence to streamline operations.
After setup, our experts conduct ongoing reviews and net cost analyses to identify further opportunities to control costs.
A proven solution for long-term care
Savings achieved
Your pharmacy
operations, rethought.
5-10%
Avg. net cost savings as share of total drug spend
4-6%
Additional Incremental Savings
Featured Resources
Contact us today
Talk to one of our experts and learn how our solution can help lower your net share of drug spend.