PSAO Network Name
Arete Pharmacy Network
Number of Pharmacy Members
Are You Wholesaler-neutral?
Are members required to purchase from preferred vendors other than a wholesaler?
Details of Arete Pharmacy Network Offerings
Arete Pharmacy Network observes a same-day payment policy, meaning that all funds received on a given day are disbursed on that day.
Arete Pharmacy Network...
- Offers robust claims reconciliation to ensure you receive all monies due.
- Provides full visibility on fees, Direct and Indirect Remuneration (DIR) and transaction fees, and dispensing fees.
- Offers central pay and direct deposits for next day reconciliation payments.
Our performance-focused solutions work together to maximize outcomes in performance and help mitigate DIR fees. These solutions include a DIR Fee Reporting Toolkit that allows a pharmacy owner to anticipate DIR fees owed for a given collection period and analyze historical trends on DIR fee claims.
A web-based solution for automated submission and tracking of generic prescription claims reimbursed below cost. A recent upgrade to this solution supports an integrated data aggregator tool, which provides insight into a prescription drug’s true acquisition cost.
MTM And Adherence Opportunities
A web-based performance toolkit—the Quality Center— that complements the expertise of a team of certified pharmacy technicians led by a pharmacist. Built-in functionality in the Quality Center helps identify real-time patient opportunities for improved outcomes.
An all-on-one solution that combines education on best practices, benchmark reporting, and claims review with real-time audit consultation services.
A robust reporting toolkit for group administrators and users designed to support performance, planning, and forecasting across multiple programs.
Required training modules designed to help maintain regulatory compliance such as HIPAA and FWA.
A portfolio of value-added programs such as a cash discount card program, pharmacogenomic testing, and pharmacy diagnostic testing, offered in collaboration with trusted industry partners.
In addition to the required training modules, our compliance solution is designed to help monitor training status; verify that no pharmacy employee is on the OIG and GSA sanction list; simplify attestation to Medicare Part D plan sponsors; and renew licensure as well as complete credentialing to remain in-network. We also provide manual templates for HIPAA policies and offer a dashboard that can be used to monitor/identify opportunities to keep up to date with credentials, training, and sanctions.