Bridgeport Pharmacy Services was formed to be an advocate for pharmacies. Our staff has worked in the pharmacy revenue cycle management industry for many years, some since the first full indemnity programs were offered. We understand the challenges and nuances of auto-injury claims. Our mission is to give pharmacies higher reimbursement rates, more volume, and better service.
How are we able to give you higher reimbursement rates? The simple answer is we run an efficient shop. We don’t have outside investors who require higher margins each year, so our rates don’t change. Our rates are not based on a MAC rate that can be adjusted down each year to increase our margins. As AWP rates increase each year, your reimbursement goes up as well.
Our pharmacy partners tell us our service far exceeds their previous processors’ service. We answer the phones within 10 seconds and resolve any issues quickly. We assign help desk staff to specific pharmacies so that you are familiar with the representatives you talk to each time. All of our employees are based in one building and we never outsource our help desk or verification services. We know that providing great service is as important as giving you the best rates.
What Your Pharmacy Can Expect from Bridgeport:
- Guaranteed payment on all claims with a “Paid” response
- Experienced help desk staff
- Help to grow your business through doctor and attorney detailing
What your customers can expect:
- No out-of-pocket costs when any deductible has been met
- Help desk staff ready to assist when needed
- No additional hassle
HOW ARE WE DIFFERENT?
HIGHER REIMBURSEMENT RATES
We have found that by offering you rates based strictly on AWP, you end up making significantly more money. We don’t use MAC rates. In an analysis of one regional pharmacy, our reimbursement was 50% higher than their former processor.
BETTER PAYMENT TERMS
We can usually beat our competitors’ payment terms by 15 days. We pay by ACH, getting you your money quicker. We also can work with your reconciliation processor to send electronic 835 files.
BETTER SERVICE
We hire great people who understand that our business comes from you. We answer the phone quickly when you need help with a claim and we work hard to make sure you and your patients are taken care of.
MARKETING HELP
As your business grows, so does ours. We want to help promote your pharmacy and increase the number of patients coming into your store. We will work with the physicians in your area to educate them about our program and your pharmacy.
With Bridgeport Pharmacy Services auto program your customers can expect the following:
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No out of pocket costs (When deductible is met)
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Help Desk Representatives ready to assist when needed
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No Additional Hassle
All that is required of your customers to fill their prescriptions through Bridgeport Pharmacy Services:
- A valid no-fault claim number
- The name of their auto insurance carrier