Helping LTC pharmacies take control of drug costs
Proven expertise, proven technology
Thirdwave is the nation’s largest pharmacy cost management platform serving the long-term care market. Our pharmaceutical expertise and proprietary technology drive substantial value to leading LTC pharmacies.
Pharmacies utilizing our solution achieve the greatest possible economic efficiency, helping you become a competitive, effective partner for contract facilities and more capable atin managing payer relations.
We automate monthly data submissions. You receive rebates monthly.
Contact UsOur Services
- Automated Rebate Submission
- Real-Time Claims Adjudication
- Analytics and Reporting
— Drug Utilization Review
— OTC & Waste Management - Formulary Review and Adherence Monitoring
- Therapeutic Interchanges
A zero-risk solution with unrivaled results
Using Thirdwave’s technology and expert advisors, LTC pharmacies gain access and insights into their operations that control costs for facilities and pharmacies.
Our adjudication and reporting services support your formulary decisions and contract adherence, improving drug utilization, billing efficiency, and streamlining operations.
Thirdwave experts conduct ongoing analyses of net costs and opportunities to further control your share of drug spend.
With a wealth of actionable data at your fingertips, our clients have complete clarity into remittances, allowing all parties to better understand the impact that strong adherence has on eliminating excessive costs.
Human intelligence + advanced automation drive effortless savings
Savings achieved
Rebates, rethought.
5-10%
Avg. net cost savings as share of total drug spend
4-6%
Additional Incremental Savings
A proven solution for LTC Pharmacies
See how we helped one of the largest LTC pharmacy chains control their costs and streamline operations.
Our experts established a proprietary system for monitoring adherence and adjudicating claims at multiple locations serving hundreds of SNFs.
Upon completion, the Thirdwave system now provides real-time monitoring of hundreds of thousands of claims, providing strong support for our client’s formulary and contract agreements.
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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.