Single Channel Services
With an estimated industry loss of $1.3B annually due to price exceptions, it is critical to tackle this industry-wide challenge. Now using the HIDA (Health Industry Distributors Association) standard, automation can be widely utilized for the thousands of price changes occurring daily between manufacturers, distributors and providers to achieve maximum alignment of pricing among trading partners.
Industry pressure is growing to automate a larger set of transactions with requirements often written into partner agreements. Automate advanced transactions to elevate service levels and meet regulatory compliance requirements. This is the path to price alignment and efficient reconciliation.
Single Channel Services automate: