FORT WORTH, Texas, Jan. 09, 2018 (GLOBE NEWSWIRE) -- American Associated Pharmacies (AAP) has selected FDS, Inc. to provide third-party claims reconciliation services to its growing network of independent retail pharmacies.
With the FDS partnership, AAP members will be able to manage their prescription claims for all third-party plans and monitor their receivables balance.
FDS has been an innovative leader in comprehensive and cost-effective claims reconciliation services to the pharmacy marketplace. The FDS web-based reconciliation service allows easy tracking of claim reversals, secondary payments, e-vouchers, coupons, taxes, DIR fees and aging reports to efficiently manage receivables.
“AAP and FDS continue to work together to provide their pharmacies with the business and professional tools needed to excel in today’s pharmacy marketplace. Managing receivables is essential to support continued growth and success of any pharmacy operation,” said Rich Bukovinsky, Executive Vice President of Business Development for FDS, Inc. “We appreciate the continued confidence and trust that AAP has shown in FDS’ products and services.”
“FDS’ commitment to helping pharmacies improve efficiency while positively impacting their bottom line aligns well with AAP’s goal to provide pharmacies with tools to enhance profitability, streamline operations, and improve the quality of patient care,” said Tracie Heyrman, Vice President of Preferred Partners for AAP. “Our partnership with FDS is a natural fit and provides AAP members with a cost-effective, efficient reconciliation solution from an industry-leading technology company.”
About FDS, Inc.
Fort Worth-based FDS is a pharmacy-centric healthcare technology company dedicated to helping its customers succeed in today's complex and multi-faceted healthcare ecosystem by leveraging the power of data and developing solutions that improve the way healthcare is delivered, today and tomorrow. Its industry knowledge, technical expertise, and scalable, cloud-based platforms are utilized by thousands of customers to solve the many challenges pharmacies face each day, while its tools help improve profitability, streamline pharmacy workflow, and enhance clinical care and operational effectiveness. FDS solutions include automated medication synchronization services; business intelligence analytics and reporting; Star Ratings and Population Health Management; DME claims billing; third-party reconciliation services and patient communication portals. For additional information or request a demonstration, please visit our website at www.fdsrx.com or call us at (877) 602-4179.
About American Associated Pharmacies
American Associated Pharmacies (AAP) is a member-owned cooperative representing over 2,000 independent pharmacies - providing owners an opportunity to buy like a larger chain. As a unified voice in an ever-changing environment, AAP designs and implements programs to provide its pharmacies the enhanced tools needed to operate a highly successful business. For more information, visit www.rxaap.com.