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ARMSRx Tackles the New Rx Addiction -- Pharmacy Benefit Audits

Published in Mental Health Law Weekly, February 23rd, 2008

ARMSRx, a consulting firm dedicated exclusively to improving the pharmacy benefit performance while producing savings opportunities for payors, announces the recent introduction of the ARMSRx E-Audit, their upgraded proprietary auditing system.

Auditing is a critical, yet often overlooked piece of the prescription benefits package. The pharmacy benefit itself is complex and presents a host of opportunities in which errors can occur. Fraud, hierarchical benefit rules and simple human error can place the payor at significant financial risk. Payors must regularly review the processing of pharmacy claims to ensure accurate adjudication is taking place. Case in point: in one...

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