Utilizing the ARMSRx RapidBIDRx tool, our team can rapidly reprice pharmacy claims integrating RapidBIDRx methodologies, and specific calculations to simplify the complex PBM evaluation and pricing analysis process.
RapidBIDRx reprocesses historical claims data through an unlimited number of pricing scenarios and uses an automated process to maximize client savings. RapidBIDRx replaces disparate tools with a single solution and automates PBM evaluation and pricing analyses and handles every aspect related to pricing depending on our client’s needs.
RapidBIDRx is tailor-made for our clients. The tool houses a suite of input parameters that can be specified to obtain a PBM pricing model that is best suited to contract and performance requirements. RapidBIDRx has the unique ability to customize pricing parameters including exclusions, specialty drug lists, LDD lists, and more.
Contact Us today to learn more about our RapidBIDRx Automated PBM Evaluation and Bidding Services!
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