FDS, Inc. and American Pharmacies (APRx) Partner to offer RxCOMPASS
March 14, 2016 (PRLEAP.COM) Health NewsMarch 14, 2016 – Baltimore MD – FDS, Inc. today announced a strategic partnership with American Pharmacies to bring their member pharmacies RxCOMPASS, a ground-breaking business analytics tool that provides the powerful business intelligence pharmacies need to drive performance and profitability.
RxCOMPASS, powered by FDS' myDataMart, is a state-of-the-art program with a level of detail and business analytics that is unavailable anywhere else in the marketplace.
FDS' myDataMart provides RXCOMPASS users a comprehensive business intelligence tool that provides a deeper look into their pharmacy operations. RxCOMPASS identifies key dispensing trends, lost patients and income opportunities by analyzing dispensing data through the Pharmacy Management System. It also lets APRx review the aggregate performance of their membership to identify organizational strategies to improve member pharmacies' revenue and profits.
"We are excited to work with the team at APRx to make myDataMart an integrated service offering to the APRx member base. APRx and FDS are working together to help community pharmacies compete in today's pharmacy marketplace," said Rich Bukovinsky, EVP Business Development for FDS, Inc.
This is a one-of-a-kind business tool that our members can use to improve their performance and profitability," APRx President Mike Gohlke said."APRx is committed to finding and developing new ways to help our members compete in a difficult marketplace."
"A pharmacy's data on dispensing, reimbursement and patient behavior trends is a tremendous resource that just isn't used enough to drive business decisions," Gohlke said. "RxCOMPASS makes it easy to harness that data and profit from it."
About FDS, Inc.
FDS, Inc. is a longtime provider of value added services to the healthcare industry. FDS offers professional, comprehensive and affordable business solutions that immediately impact pharmacy profitability by providing tools to manage patients, third party receivables, five star measures, DIR fees and much, much more. FDS' leading edge business analytics tools are simple to use but provide a robust array of dashboards and graphical reports to make your data meaningful and useful. FDS products and services help pharmacies and managed care organizations connect with their patients 24hrs a day, analyze and better understand their business, while also offering population health management tools. For additional information or request a demonstration, please visit our website at: www.fdsrx.com or call us at (877) 602-4179.
About American Pharmacies:
American Pharmacies is a multi-state member-owned buying cooperative for independent pharmacies that is based in Corpus Christi, TX. Founded in 2002, APRx is a leading political and legal advocate for members in Texas, Louisiana, New Mexico, Oklahoma and Arizona.The cooperative has assertively defended fair pharmacy competition and patient rights in a 2010 RICO lawsuit against CVS Caremark and in a July 2011 lawsuit against the U.S. Department of Health & Human Services over anticompetitive pharmacy provider networks.