FutureRx Modules

FutureRx modules provide all the elements for a comprehensive pharmacy benefits program. Each module can be purchased as technology or as a service. You also have the choice to purchase modules one at a time or all at once.

Formulary

Successful formulary management requires a comprehensive strategy to drive optimal clinical outcomes and address drug costs. Formulary development and maintenance is a complex process that includes many stakeholders. Formularies are dynamic, in a state of constant evolution due to advancements in disease treatment, new drug entities, new generics, and market competition. Further contributing to the complexity of formulary administration is the need to track multiple formularies where there may be limited or many different drug treatment options depending on the structure.

Developing and maintaining dynamic formularies presents ongoing challenges from many perspectives, particularly tracking, updating, and housing formularies and translating into adjudication. FutureRx’s Formulary Tool simplifies and supports formulary processing and interfaces with an adjudication system that minimizes errors and risks from manual interventions. Different lines of business offering pharmacy benefits may be subject to different challenges and regulatory requirements. FutureRx’s solution was developed by industry experts to address those complexities and to streamline formulary development and maintenance.

The FutureRx Advantage

Medicare:

Medicaid:

Commercial:

FutureRx modules provide all the elements for a comprehensive pharmacy benefits program. Each module can be purchased as technology or as a service. You also have the choice to purchase modules one at a time or all at once.