Retail Analytics
RelayHealth offers several solutions to help retail pharmacies analyze key aspects of their business and their markets. These solutions help pharmacy managers operate their businesses more effectively and assist in providing a greater understanding of their markets so they can make more informed decisions.
By leveraging our unique position in the center of healthcare information processing, RelayHealth delivers detailed analysis of key retail market factors, helping pharmacy managers recognize — and capitalize on — new revenue opportunities.
Benefits
Retail Analytics offers many insightful analysis reports to:
- Refine and optimize pricing
- Identify target opportunities
- Reduce inventory losses/costs
- Compare prescription pricing to the market
- Track third-party payment trends
- Analyze prescription trends
To provide these valuable reports, RelayHealth collects, compiles and analyzes a tremendous amount of information using its vast network of connectivity that encompasses thousands of pharmacies, payers, pharmaceutical manufacturers and more. This allows pharmacies to focus on evaluating the various analytics to pinpoint the most influential areas of improvement.
Retail Analytics is comprised of six modules offering unique reports on key aspects of a retail operation.
- Prescription Price Reporter®
- Pharmacy Market Analyzer®
- Pharmacy Loss Prevention Analyzer®
- Prescription Price Analyzer®
- Pharmacy Third Party Analyzer®
- Prescription Sales Analyzer®
