Innovatix has a longstanding commitment to helping pharmacies provide the best service at the lowest cost while maximizing reimbursements. Third-party accreditation has become increasingly important to pharmacy benefit managers and other payers for verifying quality and patient safety in order to get the best reimbursement rates. Innovatix has launched a new, fee-for-service program—Innovatix Accreditation Advisory Services—to support pharmacies that are looking to achieve recognition from various accrediting bodies, including URAC.
Innovatix is a URAC-accredited pharmacy education and training organization.
Accreditation from various agencies is not only vital to the success of any healthcare organization, but may be essential to licensure and compliance. Accreditation is a symbol of excellence and represents a commitment to quality and patient safety.
A third-party approval by an accrediting body demonstrates that a pharmacy has the required staff, resources, and expertise required by payers and manufacturers.
Healthcare accrediting bodies include:
Innovatix offers pharmacies three levels of support to best meet each client’s needs and available resources.
While engagements vary, the accreditation process typically takes six to nine months to complete; Innovatix Accreditation Advisory Services are priced according to an hourly fee model based on the level of support selected.
** Fees charged by the various accreditation organizations are not included Innovatix Accreditation Advisory Services fees and must be paid separately by clients
Level 1: Review |
Level 2: Project Management |
Level 3: In-House Consulting |
|
---|---|---|---|
Approximate # of hours required | 250–400 hours | 550–750 hours | Up to 2,000 hours (full-time) |
Education about standards; delivery of department-specific project plan | x | x | x |
Weekly reviews | x | x | x |
Review and edit standards and processes (drafted by your staff) |
x | x | x |
Application submission | x | x | x |
Simulated on-site review and feedback | x | x | x |
Monthly in-person meetings | x | x | |
Create standards and processes (drafted by Innovatix) |
x | x | |
Support during actual on-site review | x | ||
Implementation of standards and processes | x |
Vincent Mainella, RPh | Chief Operating Officer | Miller Drug, LLC
Innovatix Accreditation Advisory Services is a fee-for-service program that is open to any pharmacy nationwide. Fees are per facility, using hourly rates and level of engagement. Innovatix fees do not include accreditation costs, which clients must pay to the accrediting organization separately.