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Pharmacy Procurement Solutions for Modern Operations

Contracts Value Maximizer helps hospital pharmacies reduce drug spend by identifying and correcting sub-optimal purchasing behavior. It continuously monitors purchases across your system against contracted terms and pricing, automatically flagging misaligned buys, quantifying savings opportunities, and enabling immediate action to recover value.

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Key Benefits of Pharmacy Procurement Software:

Reduce Overspend: Instantly spot non-compliant purchases and correct them before they compound.
Recover Lost Dollars: Automated workflows support charge-backs and recover overpayments.
340B Purchasing Benchmarks: Identify, track, and mitigate purchasing anomalies that impact compliance and revenue gain (e.g., WAC vs. 340B).
Optimize Buyer Behavior: Give your team the visibility and tools to align purchasing with contract strategy.

Extract value inherent in the contracts you've signed. Contracts Value Maximizer

  • Watches buying behavior system wide, and at each hospital level, and compares to contract terms to ensure drug purchases are in line with established pricing

  • Quantifies the system level and hospital level value / savings and product level opportunities / value associated with adhering to contract terms vs. current behavior

  • Identifies and prioritizes product anomalies / outliers of sub-optimal purchasing that you can action against

  • Automates workflows and communication, enabling action to be taken to either drive charge-backs and/or modify future purchasing

  • Tracks 340B purchasing and identifies anomalies for compliance risk and also for revenue gain (e.g., WAC vs. 340B purchases)

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Efficient, Collaborative Workflows

Simplifies daily monitoring, enhances pharmacy-nursing collaboration, and supports seamless reporting.
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Fast Deployment, Minimal IT Effort

Cloud-based SaaS with out-of-the-box data integration for rapid, hassle-free implementation.
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Efficient, Collaborative Workflows

Simplifies daily monitoring, enhances pharmacy-nursing collaboration, and supports seamless reporting.

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Fast Deployment, Minimal IT Effort

Cloud-based SaaS with out-of-the-box data integration for rapid, hassle-free implementation.

ready-stock

Efficient, Collaborative Workflows

Simplifies daily monitoring, enhances pharmacy-nursing collaboration, and supports seamless reporting.

process-white

Fast Deployment, Minimal IT Effort

Cloud-based SaaS with out-of-the-box data integration for rapid, hassle-free implementation.

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Advanced Detection with AI-Driven Insights

Using artificial intelligence and clinical rules processing, the solution uncovers complex diversion patterns. It analyzes thousands of records daily, prioritizes risks with minimal false positives, and assigns a Relative Risk Score to streamline investigations.

Efficient, Collaborative Workflows

Automation enhances detection, but human expertise is crucial. The solution provides a manageable daily work queue, fosters collaboration between pharmacy and nursing teams, and simplifies reporting and compliance processes.

Collaborative Workflows
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Rapid Implementation, Minimal IT Burden

As a cloud-based SaaS solution, Drug Diversion Solution deploys quickly with out-of-the-box data integration and ongoing support—ensuring seamless adoption and long-term success.

Advanced Detection with AI-Driven Insights

Using artificial intelligence and clinical rules processing, the solution uncovers complex diversion patterns. It analyzes thousands of records daily, prioritizes risks with minimal false positives, and assigns a Relative Risk Score to streamline investigations.

 

 

Frequently Asked Questions about Pharmacy Procurement

How does Contracts Value Maximizer fit into our current pharmacy workflow?

Contracts Value Maximizer integrates into your existing workflow by connecting to wholesaler and pharmacy system data sources. It works alongside your pharmacy management system to monitor purchases, surface insights, and support compliance, without changing how your team buys medication or manages inventory day to day.

Does this software replace our current procurement or inventory tools?

No. Contracts Value Maximizer is not designed to replace your procurement software or inventory management systems. Instead, it enhances them by adding real-time visibility, compliance validation, and reporting that help pharmacy teams make more informed purchasing decisions and reduce risk.

How does Contracts Value Maximizer support compliance and 340B programs?

The platform continuously reviews pharmacy purchase activity to identify potential compliance issues, missed contract opportunities, and audit risks. This proactive approach helps pharmacy teams manage requirements, maintain documentation, and prepare for audits with greater confidence and less manual effort.

See how Contracts Value Maximizer helps you drive contract compliance & value with every purchase.