VERITAS NEWS
NURSING HOME CLIENTS
LTC PHARMACY NETWORK

-WARNING: If your current pharmacy provider is proposing that you re-sign your services agreement with new WAC rates, DO NOT sign until you consult with Veritas first. We will compare the two agreements and determine what is best for you.

- 09.03.2009 - Veritas begins retro-billing audits for one of the Nations largest nursing home providers.

- 08.17.2009 - Veritas begins to transition 13 new SNF clients to a Network Pharmacy Provider. ProActive begins pricing, billing, and auditing functions.

- 07.24.2009 - Veritas successfully transitions 5 new SNF clients to a Network Pharmacy Provider. ProActive begins pricing, billing, and auditing functions.

- 06.25.2008 - Veritas issues a RFO ("Request for Offering") notice for pharmaceutical services to a number of long term care pharmacy providers throughout INDIANA.

- 08.17.2007 - Agreed to co-market with Medication Managers, LLC, Mason, Ohio to provide clinical R.Ph. consultation, formulary design and management services for Veritas’ clients.

FACT #1: 1 of the 3 largest daily operational costs to any Skilled Nursing Facility ("SNF") is Pharmacy - and it's compounding daily.

FACT #2: The reimbursement that SNF's derive as revenues from governmental agencies is shrinking - Read More.

Since AUGUST 2004, Veritas has successfully developed and implemented pharmacy cost-containment strategies and "right-sizing" programs on behalf of 523 SNF's in 36 states. Veritas has documented financial recoveries through identified pharmacy billing overcharges and payer status errors, and $MILLIONS more in savings due to contract re/negotiations.

Veritas LTC, Inc. is NOT A PHARMACY, but a FIRM OF TRUSTED INDUSTRY ADVISORS that provides each independently / corporately owned SNF with individualized guidance and direction necessary for managing its current pharmacy services agreement, evaluating and procuring a new agreement or exploring opportunities to structure a JV.

Overall, the Owners, Operators, Management, Staff and Residents of Veritas' SNF Clients are EMPOWERED to accurately determine what is best for them, safely administer each medication therapy and help reduce pharmacy costs.

START SAVING TODAY!

Our approach is SIMPLE! It doesn't matter if your pharmacy services agreement has 3 years, or 3 months left on its term. Contact Laura Weigand and ASK ABOUT OUR FREE 1 MONTH BILLING ANALYSIS FOR 1 DESIGNATED FACILITY. Veritas will determine your cost-savings potential and show you how you can start saving today.

It is EASY TO UNDERSTAND why so many SNF's have signed up with Veritas. Our fees are contingent upon the savings we generate. Therefore, we don't get paid unless you get paid. It's NO RISK!

Veritas co-markets its services with the following Nursing Home GPO's. If you are interested in learning more about Veritas or its Network of LTC Pharmacy Providers, then please contact your local GPO representative or Laura Weigand, Veritas' Director of Operations.

Click the logos to read more.

 

 

 

 

 

 
Call today to inquire about how your contracted LTC Pharmacy Provider can participate in ProActive Rx's local, regional or national Network. HERE ARE JUST A FEW.

2009 Veritas LTC, Inc. All Rights Reserved -Last Modified: April 15, 2010 3:22 PM