New Business Of Pharmacy
Wednesday, March 10, 2010

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AbsoluteAR
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Third Party
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AbsoluteAR Submission and Reconciliation Services

Online adjudication does not guarantee third party payment, but with the volume of third party business constantly increasing, reimbursement is increasingly difficult to track and research.

Formerly known as NHIN AR Services, AbsoluteAR Accounts Receivable offers a full-service submission and transaction-level reconciliation package that provides accurate reconciliation, accessible data, intelligent information analysis, outstanding customer service, and the highest percentage of electronic remittance. These services help pharmacies control third party receivables and possibly increase their payment rate. AbsoluteAR works with over 1,000 processors and processes over 14 million claims each month with a payment rate that exceeds 98%.

In addition, pharmacies that use AbsoluteAR have access to programs that help them balance store sales, track missing days, balance remittance detail on deposits, and receive more than 100 customized accounting reports on a weekly and end-of-period basis.

AbsoluteAR also provides its customers with Absolute Access, an online site that allows customers to

  • view and retrieve stores' daily sales reports
  • review current pharmacy and payment information on each transaction
  • perform sales adjustments and write-offs
  • retrieve customized weekly and monthly reports (formatted and delimited reporting available)
  • review deposit information to easily determine which claims were paid from third parties
  • upload files and reports to NHIN, maintaining HIPAA compliance
  • access cross-reference files to third party carrier codes and BIN/PCNs

AbsoluteAR unites all components of the pharmacy and third party submission and reconciliation process. This level of sophistication, along with complete accountability and dedicated, individualized customer service is why pharmacies can be sure they are correctly reimbursed for the services they provide to their patients. Simply put, pharmacies can rely on AbsoluteAR.

For more information, visit AbsoluteAR.nhin.com, email smcbroom@nhin.com or call 1.800.433.5719.



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