Latest / Pharmacy Podcast Network / LIVE at RBC 2025 Episode Two | Cardinal Health™ Counter Talk™ Podcast
Transcript
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- 1:10Speaker 3: All Right, RBC twenty twenty five And this is a
- 1:14Speaker 3: podcast that near and dear to my heart because I
- 1:18Speaker 3: utilize the service all the time that's reconciliation. So it's
- 1:24Speaker 3: one of those things that a lot of people don't
- 1:26Speaker 3: really think much about I think in the pharmacy world
- 1:29Speaker 3: until it's almost too late. Sometimes I have heard horror
- 1:33Speaker 3: stories of stores that didn't even realize where their money
- 1:35Speaker 3: was going. And so, but I've got a panel here
- 1:38Speaker 3: with me today. I got Brad, Kristin and Lily a
- 1:42Speaker 3: beautiful name by the way, thank you. Can you own
- 1:44Speaker 3: your own store?
- 1:45Speaker 4: Correct?
- 1:45Speaker 5: I do?
- 1:45Speaker 4: All right?
- 1:46Speaker 3: Awesome, So we're gonna talk about recon So let's just
- 1:49Speaker 3: jump right in. Either one of any of you guys, Brad, whoever, Kristen,
- 1:52Speaker 3: if you want to stop what is recon reconciliation? When
- 1:56Speaker 3: it comes to number one, what Cardinal's doing. But just
- 2:00Speaker 3: as a pharmacy owner, why do I need to think
- 2:01Speaker 3: about recon What is it?
- 2:03Speaker 4: Well? Curninal Health Reconciliation.
- 2:05Speaker 6: It's a web based financial management tool designed specifically for
- 2:09Speaker 6: pharmacies to help them track, verify, and reconcile their party
- 2:13Speaker 6: prescription claims. It acts as a checks and balances system
- 2:18Speaker 6: for your pharmacies billing process. It sures that pharmacies are
- 2:22Speaker 6: actually reimbursed for their prescriptions they dispensed, and provides a clear,
- 2:27Speaker 6: real time view of their financial interactions with their pharmacy
- 2:31Speaker 6: benefuit managers.
- 2:32Speaker 3: Yeah, you know, reconciliation. And Christine chime in here too, Like,
- 2:39Speaker 3: we did a lot of claims and it's a lot
- 2:42Speaker 3: of money going all over the place and we have
- 2:44Speaker 3: no idea where it's going as an owner and really
- 2:47Speaker 3: utilizing that reconciliation platform finding one first off, that's easy
- 2:52Speaker 3: to use. That's the big piece, right, Lily, have you
- 2:55Speaker 3: used different ones before?
- 2:56Speaker 7: Besides well, I actually did like manual reconciliation first first, Oh,
- 3:01Speaker 7: you poor thing, I know.
- 3:02Speaker 8: Right, Yeah, that's really tough.
- 3:04Speaker 9: I had a lot of years experience in pharmacy before
- 3:07Speaker 9: coming to Cardinal Health. Yeah, and I did reconciliation for
- 3:10Speaker 9: three stores and this was prior to eight thirty five files.
- 3:14Speaker 8: That's hard. So it is very manual.
- 3:17Speaker 4: But with a really good.
- 3:18Speaker 9: Solution like Cardinal Health's reconciliation, you have visibility into so
- 3:23Speaker 9: much clean detail and the payment information that comes in.
- 3:26Speaker 9: You really can hold everybody accountable, make sure you paid
- 3:29Speaker 9: for what you're supposed to be paid for, and track
- 3:32Speaker 9: on time payments, late payments, slow payments, any of that stuff.
- 3:36Speaker 9: It's very important to reconcile regardless of.
- 3:38Speaker 3: The solution, right, yeah, Lily, did you use another any
- 3:42Speaker 3: other platforms? You don't have to name them, but did
- 3:44Speaker 3: you one year here for Cardinal Health and talk about
- 3:48Speaker 3: their platform, which.
- 3:48Speaker 4: I think is very easy to use. Have you used
- 3:52Speaker 4: other ones?
- 3:53Speaker 3: You were manually claiming, you're manually reconciling, and then I'm
- 3:57Speaker 3: sure like for me it got it was hard, a
- 4:00Speaker 3: little bit easier and a little bit easier, a little
- 4:01Speaker 3: bit easier, right.
- 4:03Speaker 7: Yeah, so I only have the short period of time
- 4:05Speaker 7: diet and manuclaimed reconnciation. But was really it was so
- 4:09Speaker 7: overwhelming because it's like you want to reconcile all the claims,
- 4:12Speaker 7: but then you don't have the time for all the claims.
- 4:14Speaker 7: That just did five hundred dollars cut off? Anything above
- 4:17Speaker 7: one hundred dollars, I will just you know, look into
- 4:19Speaker 7: it manual reconsile. But under five hundred I was just like, okay,
- 4:23Speaker 7: I hope I got it right. Yeah?
- 4:25Speaker 4: That was how many one dollar claims?
- 4:27Speaker 8: There's so many of them, that's a problem.
- 4:30Speaker 4: Yeah.
- 4:30Speaker 3: Cardinal offers a couple of different platforms, recon and recom plus,
- 4:34Speaker 3: but I like where I can get on the dashboard
- 4:36Speaker 3: and it puts it in buckets. Right, Hey, here's your
- 4:40Speaker 3: zero to thirty. Well that's kind of like, oh, how
- 4:42Speaker 3: much money do I have out there?
- 4:43Speaker 5: Really?
- 4:43Speaker 4: Right? Yeah, here's your thirty to sixty.
- 4:45Speaker 3: Well maybe this payers being dumb right and be a
- 4:49Speaker 3: little slower. Then you get those one offs that are
- 4:51Speaker 3: way out there, and that's where you guys kind of
- 4:54Speaker 3: shine and you come in and so talk about the
- 4:56Speaker 3: difference between recon recom plus and like how you guys
- 4:59Speaker 3: can help us find those claims and maybe get that
- 5:03Speaker 3: money back on something that's just way out there that's
- 5:07Speaker 3: one hundred and twenty days plus getting paid.
- 5:10Speaker 6: Yeah, I would say, I mean, so I want to
- 5:12Speaker 6: take a step back really and say really, more than anything,
- 5:15Speaker 6: when I think about reconciliation, it's holding PBMs accountable, right
- 5:19Speaker 6: and making sure they're actually paying. But as we look
- 5:22Speaker 6: at the different solutions that we offer regular recon we're
- 5:26Speaker 6: giving the tools necessary for a customer if they want
- 5:29Speaker 6: to do their own reconciliation, which is fine. But I'm
- 5:32Speaker 6: a big believer of recoon plus and I think one
- 5:35Speaker 6: of the reasons for that is because I think there
- 5:38Speaker 6: are a lot of claims that get paid, but they
- 5:40Speaker 6: don't get fully paid. You're either underpaid or overpaid, which
- 5:44Speaker 6: actually creates a payment exception, and that's where analysts can
- 5:48Speaker 6: really dig into helping you kind of close the gap
- 5:51Speaker 6: and finish reconciling the actual total claim amount that goes
- 5:56Speaker 6: into that. There's just so much that goes into it.
- 5:58Speaker 6: Not only that, but the big focus is looking at
- 6:01Speaker 6: those claims that are aged out over sixty days that
- 6:03Speaker 6: are still open, having that discussion and making sure that
- 6:08Speaker 6: you continue to have those touch bases because those are important.
- 6:12Speaker 6: Communication is key to make this successful. But not only that,
- 6:16Speaker 6: they help with paper eobs right, so you don't have
- 6:18Speaker 6: to mainly create a paper EO B. They'll reach out
- 6:21Speaker 6: to payers for claims that have aged out over sixty
- 6:24Speaker 6: that haven't been paid yet. And that's why you have
- 6:26Speaker 6: those conversations, right, are you expecting payment now? It's just
- 6:29Speaker 6: you know, every versus claim out, you know, I don't.
- 6:32Speaker 4: I don't. I'm not waiting for payment on this right.
- 6:35Speaker 6: And again, you know, we have customers that say, what's
- 6:37Speaker 6: the ROI, what's the ROI for being on the solution.
- 6:40Speaker 4: Well, it's your time, oh man, you know, and a
- 6:42Speaker 4: lot of it don't realize that.
- 6:43Speaker 6: Yeah, it's your time. And they would say like, well,
- 6:45Speaker 6: I know, I'm going to get paid. Well, it's not
- 6:47Speaker 6: just about being paid, and it's not a it's not
- 6:49Speaker 6: a collection service. It's there's so much more that you
- 6:52Speaker 6: know to it. It's how are you doing as a business.
- 6:54Speaker 6: Where are you growing in terms of the payers that
- 6:56Speaker 6: you're doing business with, where you're seeing a drop, are
- 6:59Speaker 6: you losing you know, patience somewhere?
- 7:01Speaker 4: I think.
- 7:01Speaker 6: And then also that the reporting capabilities are really good too,
- 7:05Speaker 6: and if you have questions you're not really sure, that's
- 7:08Speaker 6: why your analysts can really really help you.
- 7:10Speaker 4: Not only that, but something they've.
- 7:11Speaker 6: Done it's a little different is each analyst has their
- 7:15Speaker 6: own candidly links. It's a link that they can use
- 7:18Speaker 6: that customers can click on and it gives days and
- 7:21Speaker 6: times that the analyst is available, and they can do
- 7:24Speaker 6: it through either a phone call.
- 7:25Speaker 3: I'm glad you guys are doing that because that was
- 7:27Speaker 3: one thing years ago that we always kind of had
- 7:29Speaker 3: trouble with.
- 7:30Speaker 4: Everybody's so busy. Well gn email.
- 7:33Speaker 6: Well you call it one eight hundred number, or there's
- 7:35Speaker 6: a GMV email that you use. But now because they'll say, hey,
- 7:39Speaker 6: i'll give you a call next month and okay, great,
- 7:42Speaker 6: Well they'll call and the pharmacy is busy, No, I
- 7:44Speaker 6: can't talk right now.
- 7:45Speaker 4: Can you call tomorrow?
- 7:46Speaker 6: And then that's when you can at times that communication,
- 7:50Speaker 6: that's where you have communication barriers, so able to actually
- 7:53Speaker 6: schedule a day in time if it allows the pharmacy
- 7:57Speaker 6: or whoever the recon champ is to set aside that
- 8:01Speaker 6: time so they can focus specifically on on ar health, making.
- 8:05Speaker 4: Sure that they're in a good place.
- 8:07Speaker 6: And I think as long as they do, that's that's
- 8:09Speaker 6: the most important piece.
- 8:10Speaker 3: Yeah, Lily, tell me about your experience with recon and
- 8:13Speaker 3: how you feel like it's been an advantage to you
- 8:16Speaker 3: and your business.
- 8:17Speaker 7: Now, so I'm using the recon plus. I currently manage
- 8:20Speaker 7: eleven stores reconciliation Dann girl, it's not bad. Actually, it's
- 8:24Speaker 7: pretty easy compared to the menu day right.
- 8:26Speaker 4: Howda do you own eleven stores?
- 8:28Speaker 8: Part owner?
- 8:29Speaker 4: Yeah?
- 8:30Speaker 8: Thank you?
- 8:31Speaker 4: Nice suppressive.
- 8:32Speaker 7: So basically for me, I think the best part I have.
- 8:35Speaker 7: I have one analyst for all my stores, so whenever
- 8:38Speaker 7: she emails me, she just basically do you MCPDP number
- 8:42Speaker 7: and they tell me if there are anything any actions
- 8:44Speaker 7: I need to take to help with the recon. I
- 8:46Speaker 7: always set a goal with my analysts that I want
- 8:48Speaker 7: my ar to be under sixty days. Everything over sixty
- 8:51Speaker 7: days plus has to be zero. So they always reach
- 8:54Speaker 7: out to me once a month they call me and
- 8:56Speaker 7: as set the time.
- 8:56Speaker 8: I think that's a part is reallyga that. I like that.
- 8:58Speaker 8: You can just tell them what time are you want
- 9:00Speaker 8: them to call you.
- 9:01Speaker 7: So usually it's like eight am, like it's like Pacific time,
- 9:04Speaker 7: so my farm's are not open yet, so I'm able
- 9:07Speaker 7: to answer the.
- 9:07Speaker 8: Phone call talk to them for sure.
- 9:09Speaker 7: I don't have to be like I'm in the middle
- 9:10Speaker 7: of the work right and talking to the patient.
- 9:13Speaker 8: I couldn't have time to talk to them.
- 9:14Speaker 7: And also they send out a summarize summer email to
- 9:18Speaker 7: me every month and try to basically clear out everything
- 9:21Speaker 7: I have outstanding. I really like that. So I am
- 9:24Speaker 7: the months that I prem my no I begin in
- 9:26Speaker 7: the months. I print my report on the third months
- 9:28Speaker 7: and report. I give that report to my CPA, so
- 9:31Speaker 7: I make sure that my financial looks right. You know,
- 9:33Speaker 7: I think with the farms they owner, you want to
- 9:35Speaker 7: spend your time on building the business, not so much
- 9:38Speaker 7: I'm on paperwork and matching the claims.
- 9:40Speaker 8: Honestly, that's not my passionate.
- 9:44Speaker 7: So I really like the plus system that the service
- 9:47Speaker 7: that you guys provide because someone is helping me and
- 9:50Speaker 7: the back end was everything. When I have a question,
- 9:52Speaker 7: I reached out to them and the one thing I
- 9:55Speaker 7: Brad was mentioning is about like in the communication right,
- 9:58Speaker 7: you want analyst to work for you and I'll help
- 10:01Speaker 7: you with recom. You also have to respond to them
- 10:03Speaker 7: fast enough to get them the answer.
- 10:05Speaker 4: You have to do your dud don't You can.
- 10:06Speaker 8: Be like I want you to respond to me.
- 10:08Speaker 7: But when they ask a question that they have to
- 10:10Speaker 7: wait for seven days, then you know you only have
- 10:12Speaker 7: like twenty plus days in a month Monday to Fridays
- 10:14Speaker 7: to help you.
- 10:15Speaker 8: They can help you to clear the recom. It's not easy.
- 10:18Speaker 7: So I think the key is definitely communication and set
- 10:21Speaker 7: your goal. Your expectation was a recom and they know
- 10:24Speaker 7: so when they know all my expectations, they don't have
- 10:27Speaker 7: to call me because.
- 10:28Speaker 8: They know what I want. They just emailed me once
- 10:30Speaker 8: a month. It's very easy.
- 10:32Speaker 3: Yeah, so it's perfect. One of the things that I
- 10:34Speaker 3: did at my store with my recon is my store manager.
- 10:38Speaker 3: I tied an incentive into her clearing out and making
- 10:42Speaker 3: sure all my reconciliation is done. So she watches it
- 10:45Speaker 3: for me, she meets with or talks with our analysts,
- 10:48Speaker 3: and if something gets to that sixty day ninety day mark,
- 10:51Speaker 3: which never hardly happens now, then she's on top of
- 10:54Speaker 3: it and like, hey, I would send advise you to
- 10:56Speaker 3: chase that money and help and work with the analyst
- 10:59Speaker 3: to find it what's going oning on because it's just
- 11:01Speaker 3: money out on the table, right, So you having a
- 11:04Speaker 3: person that does that with your eleven stores too, is
- 11:08Speaker 3: a crucial part. Like it's a whole team effort, like
- 11:11Speaker 3: you have to be understand as part of the team.
- 11:13Speaker 3: But what I'll say with that is it sounds for
- 11:16Speaker 3: people who aren't using it, it might sound overwhelming. It's
- 11:19Speaker 3: not okay, you got a team that's working on chasing
- 11:21Speaker 3: your money. Well you could be doing it by yourself,
- 11:23Speaker 3: or you can just not care. And then who knows
- 11:26Speaker 3: what's going to happen. Because me and you both have
- 11:28Speaker 3: found where we didn't get paid or something was way
- 11:31Speaker 3: out there and.
- 11:32Speaker 4: You're like, what's going on?
- 11:33Speaker 3: Well, and you know, and there's a lot of stores
- 11:35Speaker 3: that have money just sitting out there that don't even realize.
- 11:37Speaker 9: It exactly, and having somebody who was watching your account
- 11:42Speaker 9: for things like that, that the quick time that you
- 11:45Speaker 9: can spend just reaching out before it's too late. My
- 11:49Speaker 9: experience in pharmacy, there has been checks mailed to the
- 11:52Speaker 9: wrong store.
- 11:53Speaker 3: Yes, and you know having at a news store or
- 11:56Speaker 3: one that you bought from somebody and you have that
- 11:59Speaker 3: switch over and say ohs or whatever it is. There's
- 12:02Speaker 3: this weird time there that if you don't have somebody
- 12:04Speaker 3: on your on your side helping you, it could be
- 12:06Speaker 3: very very frustrated.
- 12:07Speaker 9: Yeah, and having your analysts keeping an eye on that
- 12:10Speaker 9: is very very beneficial.
- 12:11Speaker 4: Yeah.
- 12:12Speaker 3: So one of the things that you have on here
- 12:15Speaker 3: is recon Ledger enhancement. Tell me a little bit about that.
- 12:19Speaker 3: What does that even mean? I know that's something you
- 12:21Speaker 3: guys wanted to talk about.
- 12:23Speaker 6: Well, the biggest thing with the Ledger enhancement is really
- 12:27Speaker 6: less manual intervention.
- 12:29Speaker 4: That's the biggest key good. And then also not only that.
- 12:33Speaker 6: But system like better system performance because there are situations
- 12:38Speaker 6: where you have multi store groups and they're trying to
- 12:40Speaker 6: pull reports and sometimes it takes a while, and in
- 12:44Speaker 6: order to assist with you know, providing better performance within
- 12:48Speaker 6: the solution, itself, is you've got to remove data where
- 12:51Speaker 6: maybe it's not necessarily needed, and that kind of leads
- 12:54Speaker 6: to ledger. You know, when we're looking at specific claim details,
- 12:58Speaker 6: they're tying in specifically to that claim. So you may
- 13:02Speaker 6: have five or six refills on the same claim, but
- 13:04Speaker 6: I just want to look at PHIL three and the specifically,
- 13:08Speaker 6: we'll look at the drill down tied to that fill
- 13:11Speaker 6: in itself.
- 13:12Speaker 4: And also when we.
- 13:13Speaker 6: Get a payment, it's that's going to show up as
- 13:14Speaker 6: a parentheseat, and it's going to be deduction against the
- 13:18Speaker 6: amount that's actually due. So it's just again it's with
- 13:20Speaker 6: accounting practices and you know they've been asking for that
- 13:25Speaker 6: and we're here to deliver well.
- 13:26Speaker 3: And that's good to hear. And I'm sure you can
- 13:28Speaker 3: chime in on this too. I feel like over the years,
- 13:31Speaker 3: so I've been part owner in a store for seventeen years,
- 13:35Speaker 3: fifteen years something like that, and I've kind of seen
- 13:37Speaker 3: the how reconciliation has grown, and that was one of
- 13:42Speaker 3: the big things is Yeah, I can look up reports
- 13:45Speaker 3: and I can see what my money is, but I
- 13:47Speaker 3: still can't even understand what it's really saying. And I
- 13:49Speaker 3: do feel and I'm glad that your guys doing it.
- 13:52Speaker 3: You see that you understand that that it needs to
- 13:54Speaker 3: be more user friendly, accounting friendly, because our accountants are
- 13:57Speaker 3: tied into it. If you're not giving your account and
- 14:00Speaker 3: access to your recon you need to be because they
- 14:03Speaker 3: need to be having all that information as well.
- 14:05Speaker 6: Yeah, and they have specific ways of looking at exactly,
- 14:07Speaker 6: and we need to present it the way that they exactly.
- 14:10Speaker 5: Yeah.
- 14:11Speaker 9: And instead of the pay reverse pay, reverse transactions rolling
- 14:14Speaker 9: up into one net line and the end, it's going
- 14:17Speaker 9: to match line by line. So let's say you filled
- 14:19Speaker 9: a prescription towards the end of the month and the
- 14:22Speaker 9: payment comes in at the first of the month. You
- 14:23Speaker 9: don't want to wait for that payment to match to
- 14:25Speaker 9: that net In the end, you're going to want to
- 14:27Speaker 9: account on each month what the in and out was
- 14:30Speaker 9: for money. So the ledger is going to allow for
- 14:32Speaker 9: that line by line reconciling.
- 14:34Speaker 3: Yeah, and there's a lot of I had a pod
- 14:37Speaker 3: yesterday with accountant's that's big in the pharmacy world and
- 14:41Speaker 3: what the new big beautiful bill. A lot of pharmacies
- 14:43Speaker 3: are going to be switching to cash from a cruel Well,
- 14:46Speaker 3: your account needs to know that they need to know
- 14:48Speaker 3: how to read that off your reconciliation what that means.
- 14:51Speaker 3: So that's a big piece to make sure that those
- 14:53Speaker 3: accountants are tidy in or so forth. So what other
- 14:58Speaker 3: things do we need to know about cardinal reconciliation that
- 15:02Speaker 3: we haven't hit on yet.
- 15:03Speaker 6: Yeah, something too I can mention as well is partial payments.
- 15:07Speaker 6: So current state, when a partial payment comes in, you'd
- 15:11Speaker 6: have to go in and manually accept that partial payment. Well,
- 15:15Speaker 6: now as they come in, they will automatically be reconciled,
- 15:19Speaker 6: you know, to to align with the Ledger based you
- 15:23Speaker 6: know accounting that we have. So that makes it really
- 15:26Speaker 6: really nice as well. And when you also think about,
- 15:29Speaker 6: you know, vouchers that come in, so to.
- 15:33Speaker 10: Add to that.
- 15:36Speaker 4: Right now, currently we have one variance.
- 15:38Speaker 6: Variance is set to either do overpayment underpayment and it's
- 15:41Speaker 6: it's really hard, but now you have the capability of
- 15:45Speaker 6: using the option of doing both overpayment and underpayment. So
- 15:49Speaker 6: when you think about vouchers, right you have a lot
- 15:52Speaker 6: that come in where there's an overpayment that happens, well,
- 15:55Speaker 6: you'd have to go in and verify it, you know, overpayment,
- 15:59Speaker 6: overpayment over Now, since you're able to use both right,
- 16:04Speaker 6: both options the overpayment underpayment, those will automatically reconcile and
- 16:10Speaker 6: go to your post or go to overpayment report.
- 16:13Speaker 4: Good.
- 16:13Speaker 6: So it just makes things so much smoother, because again,
- 16:17Speaker 6: what are we doing. It's less menal intervention that needs
- 16:20Speaker 6: to happen. I think it's good for analysts, it's good
- 16:23Speaker 6: for us as a team, and I think it's good
- 16:25Speaker 6: for the customer as well.
- 16:26Speaker 3: We all, with lack of a better term, do not
- 16:28Speaker 3: like PBMs and we don't like the way that they
- 16:31Speaker 3: do things sometimes and it is so confusing.
- 16:35Speaker 4: And that's where and we hit on a while ago.
- 16:38Speaker 3: That's where reconciliation has come through for me, is because
- 16:42Speaker 3: still these underpayments, overpayments, vouchers, whatever it is, they almost
- 16:47Speaker 3: want to try to trick you sometimes, I feel right,
- 16:50Speaker 3: and so I'm just I'm just tipping my hat to
- 16:53Speaker 3: you guys for the program that you offer. The theme
- 16:58Speaker 3: it seems like this year with Cardonal all is we
- 17:02Speaker 3: hear you and we're we're constantly innovating, right, And and
- 17:06Speaker 3: that's a good theme that all these pods and all
- 17:08Speaker 3: these people that have been coming in is we hear
- 17:12Speaker 3: what's going on.
- 17:14Speaker 4: We know you've got eleven stores like you have, and.
- 17:17Speaker 3: We're we're gonna edit vantis, we're gonna edit reconciliation r cs,
- 17:22Speaker 3: and we're listening to you and we have to evolve.
- 17:25Speaker 4: Uh So I'm glad about that for sure.
- 17:28Speaker 3: Reporting is another one which we kind of hit on
- 17:31Speaker 3: that with, you know, reporting for your accountant.
- 17:34Speaker 4: And so forth.
- 17:35Speaker 3: So tell us, like you said, you have a lot
- 17:37Speaker 3: of reports that come to you like at the third
- 17:39Speaker 3: of the month. Tell me what what are some good reports.
- 17:42Speaker 11: That you like?
- 17:43Speaker 7: So basically why use the most is the months and
- 17:46Speaker 7: report that will be available on the third of very months.
- 17:49Speaker 8: That's why basically give it to my accountent so he
- 17:53Speaker 8: will use that.
- 17:53Speaker 7: And I think the other one I use the most
- 17:55Speaker 7: is a post claim report that has changed to the ledger,
- 17:59Speaker 7: right that one also run the report and the export
- 18:03Speaker 7: and the gift to my account as well.
- 18:05Speaker 8: So these two reports used the most.
- 18:07Speaker 7: But you know, prior to twenty twenty five, we had
- 18:10Speaker 7: this like twenty ninety four, maybe you know the dr fees, right,
- 18:14Speaker 7: those things that I should run a lot of report
- 18:15Speaker 7: in them past myself to see exactly how much I
- 18:17Speaker 7: got paid because you don't know, and then past how
- 18:19Speaker 7: much I got paid, but that is gone.
- 18:22Speaker 8: But definitely to the lord, that's I know.
- 18:24Speaker 4: I mean, it's still not one hundred percent perfect, but.
- 18:26Speaker 7: It's better, so much better, I know, so much better.
- 18:29Speaker 7: Before you don't know how much you got paid. You
- 18:31Speaker 7: thought that you meant money, but at the end of
- 18:32Speaker 7: the day when you look at the report, you actually
- 18:34Speaker 7: lost money.
- 18:34Speaker 8: Yeah, it's just like so bad.
- 18:36Speaker 4: Yeah, I hated that line on my p and L
- 18:38Speaker 4: the Oh my gosh, that was a terrible line. Yeah.
- 18:42Speaker 3: But okay, so we got updates to recon recon plus,
- 18:47Speaker 3: which we both recommend. Definitely, you get that analyst you
- 18:50Speaker 3: got you can set times now to talk to them.
- 18:54Speaker 3: You need to be reconciling your claims, right, even if
- 18:57Speaker 3: you're doing fifty claims a month. I feel like you
- 19:02Speaker 3: can try to chase chase it yourself, but it's so
- 19:04Speaker 3: time consuming and I guarantee you you don't understand one
- 19:08Speaker 3: hundred percent what you're exactly.
- 19:09Speaker 8: We're not the professional, right, It's so hard.
- 19:12Speaker 7: Like I mentioned earlier at a product talk, I don't
- 19:16Speaker 7: know who to chase at the PBM.
- 19:17Speaker 4: Level, right, email you got to email CBS.
- 19:21Speaker 7: Email CBS, but you don't know which email address is
- 19:24Speaker 7: the right one.
- 19:24Speaker 3: To got cling detail which funny story, I finally I
- 19:28Speaker 3: randomly got a phone number to a CBS and the
- 19:31Speaker 3: less person one time.
- 19:32Speaker 4: I don't know how I got it, and they were
- 19:35Speaker 4: so mad that I called them, Oh my god, oh man,
- 19:38Speaker 4: and but I just kept pounding on baby. It was
- 19:40Speaker 4: they didn't tell you to work with your PSA.
- 19:44Speaker 3: They don't care what we do. That's a whole nother podcast,
- 19:47Speaker 3: right right. Oh yeah, Okay, so we've kind of hit
- 19:51Speaker 3: the high points here. Is there anything that I missed
- 19:54Speaker 3: that you guys wanted to talk about with our with
- 19:56Speaker 3: th ree con Well.
- 19:57Speaker 6: I guess one other thing I want to mention to
- 19:59Speaker 6: is it really to the ledger is the rematching so
- 20:05Speaker 6: current state right now, what happens is we may receive
- 20:09Speaker 6: a payment file, but we don't have claims data that.
- 20:12Speaker 4: Corresponds with that file to match.
- 20:15Speaker 6: So what happens is that's considered an exception and it
- 20:21Speaker 6: could be that we're missing data and we need a
- 20:25Speaker 6: historical load that loads in there. Well, when that happens,
- 20:28Speaker 6: we have to manually go in there and rematch all
- 20:32Speaker 6: these claims. Well, now there's going to be a nightly
- 20:35Speaker 6: run that happens, and it's going to refresh and if
- 20:38Speaker 6: there is a corresponding claim that matches with that payment file,
- 20:42Speaker 6: it will automatically reconcile that. So it's not really something
- 20:46Speaker 6: for someone that's on recount clause that's.
- 20:48Speaker 4: Like ool, but it's just it's really really helpful.
- 20:51Speaker 6: I'm telling you, when you are dealing with tons and
- 20:55Speaker 6: tons of claims, especially if we need to get historical
- 20:58Speaker 6: data whatever case may be, they will that. The fact
- 21:02Speaker 6: they have them automatically reconcile is huge, especially for some
- 21:06Speaker 6: of those customers that may be on the self serve
- 21:09Speaker 6: recon solutions. So just having that nightly run, I think
- 21:13Speaker 6: even for for us as Cardinal Health employees that are
- 21:16Speaker 6: that help support recon, we had to do that quite
- 21:19Speaker 6: a bit for our customers. So for that to go away,
- 21:22Speaker 6: you know, it just helps us with time manage and.
- 21:24Speaker 3: I'm sure in the future too, you guys are going
- 21:26Speaker 3: to be implementing AI things and everybody's doing that.
- 21:29Speaker 4: Yeah, yeah, it's coming.
- 21:30Speaker 3: So my last thing that I would say, and you
- 21:33Speaker 3: can chime in on this as well, because if you're
- 21:36Speaker 3: a pharmacy one, pharmacy owner or more and you're not
- 21:40Speaker 3: doing recon. We highly recommend it for sure. That's the
- 21:43Speaker 3: first thing too. One too, it's it's not one hundred
- 21:48Speaker 3: percent easy to start, right, Okay, So you have to
- 21:51Speaker 3: understand that it's worth the time to do it because
- 21:54Speaker 3: you got payers that aren't going to be on recon.
- 21:56Speaker 3: You got payers that you're going to have to get
- 21:59Speaker 3: the eight thirty five. You're gonna do whatever it is
- 22:02Speaker 3: worth the effort to do that. Put the effort in
- 22:04Speaker 3: and just get it over with and just do it.
- 22:06Speaker 3: So I'm telling you that as a pharmacy.
- 22:08Speaker 4: Owner, and you're agreeing with that as you nailed it.
- 22:12Speaker 4: You nailed it, yeah, because anytime someone starts fresh, they
- 22:17Speaker 4: hate it, right, they're so mad at you.
- 22:18Speaker 6: Well because because like in the meantime, right before we
- 22:23Speaker 6: can get them, like let's say for DIREGT payers, right
- 22:26Speaker 6: before we get them set up, we need EOBS to
- 22:29Speaker 6: continue to reconcile those claims, right, which that puts more
- 22:34Speaker 6: effort on our customer and what they have to do.
- 22:37Speaker 6: So there is a commitment there, and then there's a
- 22:39Speaker 6: lot of paperwork that can hear.
- 22:40Speaker 4: Inol with that.
- 22:41Speaker 6: But once you get through that and you fill out
- 22:44Speaker 6: your paperwork and you do what you need to do,
- 22:47Speaker 6: it will come together and before you know it, you know,
- 22:50Speaker 6: it's smooth selling.
- 22:51Speaker 3: I mean, I'll be honest with you, it was so
- 22:53Speaker 3: long ago when we set everything up. When we switch
- 22:55Speaker 3: back to Cardinal and leader Net and all that kind
- 22:59Speaker 3: of stuff, I don't even know what's going on, Like
- 23:03Speaker 3: my my store manager runs it. I'll look at the reports,
- 23:06Speaker 3: but if I had to call somebody whatever, Like, it's
- 23:08Speaker 3: that easy now because I did spend the time to
- 23:11Speaker 3: set it up in the in the beginning. So I'm
- 23:13Speaker 3: just telling all the people out there that are like,
- 23:15Speaker 3: I don't know, you know, it's another phase.
- 23:17Speaker 4: It's totally worth it.
- 23:18Speaker 3: It's a pain in the body at the beginning, not
- 23:20Speaker 3: Cardinal's fault PBM GBM for sure, but it's totally worth
- 23:25Speaker 3: it from there.
- 23:25Speaker 7: But I also feel like was Cardinals when not onboarding
- 23:28Speaker 7: my new pharmacies. It's not that hard anymore. They tell
- 23:30Speaker 7: you exactly you need to filled out on the FDS side,
- 23:33Speaker 7: who is a contact, what number you need to put.
- 23:36Speaker 3: On their Where it gets hard is if something didn't
- 23:38Speaker 3: actually go through or they can't get hold of somebody
- 23:40Speaker 3: or something. You know, there's some transition issues but you're
- 23:43Speaker 3: exactly right that person that onboarding is is key.
- 23:46Speaker 8: Yeah, it's pretty easy. Actually.
- 23:48Speaker 7: You have to just fill out your farm's information and
- 23:50Speaker 7: CPVPM PI, who's the point of contact? All these things.
- 23:53Speaker 7: I don't think it's as hard. Maybe initially there are
- 23:56Speaker 7: a lot of paperwork.
- 23:57Speaker 12: And they have to go through.
- 23:58Speaker 3: Yeah, that's why I was trying to hit at the
- 24:01Speaker 3: paperwork stuff can be daunting to some people. They're like,
- 24:03Speaker 3: I just don't have time to do it. No, no, no,
- 24:05Speaker 3: you need to make.
- 24:06Speaker 4: Time to do this for sure.
- 24:08Speaker 8: After that, it's really easy.
- 24:10Speaker 4: Yeah, awesome. What else anything else? I think we hit
- 24:13Speaker 4: them all. Yeah, so that's a big one. Yeah, that's
- 24:16Speaker 4: good one.
- 24:17Speaker 3: So my last thing, this is the last pot that
- 24:20Speaker 3: I'm doing here. It's a good one. It's one that
- 24:22Speaker 3: I highly highly recommend because you need to get every
- 24:26Speaker 3: dollar that you have. Don't leave dollars on the table.
- 24:29Speaker 3: There are horror stories out there. I know of them
- 24:31Speaker 3: that people have had to sell their store and then
- 24:33Speaker 3: all they had to do was make a phone call
- 24:34Speaker 3: and they got four hundred thousand dollars in the bank
- 24:37Speaker 3: and they had no idea.
- 24:38Speaker 4: Yeah, so there's those stories are out there. You guys,
- 24:41Speaker 4: hear them.
- 24:41Speaker 3: You know it, Cardinal Recon constantly evolving, trying to do better,
- 24:47Speaker 3: trying to make it cleaner.
- 24:48Speaker 4: It's getting cleaner every time I get on there. It's easier,
- 24:51Speaker 4: your analysis is there, and you have somebody on your team,
- 24:55Speaker 4: so it's a win win, right.
- 24:56Speaker 5: Yeah.
- 24:56Speaker 6: I think the biggest thing is just listen to our customers. Yeah,
- 24:59Speaker 6: you know, that's how we that's how we stay ahead
- 25:01Speaker 6: of the competition.
- 25:03Speaker 4: Listener, ladies, gentlemen, thank you, thank you.
- 25:07Speaker 8: She's easy, right, it's pretty easy.
- 25:10Speaker 3: Eleven stores mandany girl, You're impressive.
- 25:14Speaker 4: That is impressive. All right.
- 25:16Speaker 3: Guys, hey, Cardinal Recon. If you need more information, reach
- 25:20Speaker 3: out to your rep or you can get online. Is
- 25:22Speaker 3: it just we're on Cardinal's website or how do they
- 25:25Speaker 3: get just google it? Yeah, I can get a hold
- 25:29Speaker 3: of them. I highly recommend everybody.
- 25:31Speaker 4: Can reach out to your sales. Sales rep can.
- 25:33Speaker 3: Forty exactly where you need to go on that for sure.
- 25:36Speaker 3: All right, guys, thank you all so much. Interesting pod
- 25:38Speaker 3: and uh, you know one that we all must do, right, thanks,
- 25:44Speaker 3: thank you. So I have a super interesting podcast that
- 25:51Speaker 3: I'm doing right now where I actually am not moderating whatsoever,
- 25:55Speaker 3: which is unusual. It might be a good thing where
- 25:57Speaker 3: I get a break, right, But I have four. I
- 26:00Speaker 3: have four lovely ladies in here today to talk about
- 26:03Speaker 3: something that I believe, as a Cardinal member of Cardinal Store,
- 26:07Speaker 3: that every store needs to really take a hard look into.
- 26:11Speaker 4: And that's OURCS. So ladies have at it.
- 26:15Speaker 13: Thank you, Adam.
- 26:16Speaker 14: My name's Betsy Hurst and I am a pharmacist on
- 26:20Speaker 14: the RCS and let's define RCS. We use a lot
- 26:23Speaker 14: of initials around here, Reimbursement Consulting Services solution at Cardinal Health.
- 26:29Speaker 14: And I am sitting at this table with three lovely ladies.
- 26:32Speaker 14: I have Lisa Kimp, who is the senior manager of
- 26:37Speaker 14: our solution. I have Melissa Putnam, who is a pharmacist
- 26:41Speaker 14: on the team and a former pharmacy owner to share
- 26:45Speaker 14: her perspective. And a really special guest, we have Miss
- 26:48Speaker 14: Kristen Glesmond with us today who is owner of the
- 26:52Speaker 14: Medicine Shop in Dennison and Sherman, Texas. Thank you, ladies,
- 26:57Speaker 14: thank you.
- 26:57Speaker 12: I'm happy to be here.
- 26:58Speaker 10: Yeah, thanks for having us.
- 27:00Speaker 14: I was so thrilled to see you yesterday, kristin the
- 27:04Speaker 14: Peer Innovation Panhof that.
- 27:06Speaker 12: Was the first time for me to do anything like that,
- 27:09Speaker 12: and I learned so much from the other two pharmacists
- 27:12Speaker 12: that were on stage with with me talking. But it's
- 27:15Speaker 12: just an incredible experience.
- 27:16Speaker 14: Well, you were doing a great job in your pharmacies
- 27:18Speaker 14: and I love the farmers market.
- 27:20Speaker 8: Oh, thank you.
- 27:21Speaker 13: I thought that was great.
- 27:22Speaker 12: I love that and we learned the new word. Let
- 27:24Speaker 12: me think.
- 27:25Speaker 14: Oh, that's right, Cosma's that's a whole podcast.
- 27:31Speaker 5: And it is.
- 27:33Speaker 10: Yes, well that that is a series.
- 27:35Speaker 14: Yes, well, you're you're doing a fabulous job. And I
- 27:38Speaker 14: know the pharmacy that I used to work in. I
- 27:40Speaker 14: was just thinking about the honey you're selling the honey
- 27:43Speaker 14: in your farmer's market p h A R.
- 27:45Speaker 13: I mean that would fly off the shelves where I
- 27:48Speaker 13: used to work with chow.
- 27:51Speaker 12: Yoh oh you know, I think I've heard of that.
- 27:53Speaker 12: I mean I'm in Texas, but a little bit different
- 27:56Speaker 12: part the South.
- 27:57Speaker 13: Well that's awesome.
- 27:58Speaker 14: Well, we're here today to talk about our solution, which
- 28:02Speaker 14: again is the reimbursement consulting services. So why don't we
- 28:07Speaker 14: just start off, like Lisa, can you just tell us
- 28:09Speaker 14: just give everybody who's not aware of what the solution
- 28:12Speaker 14: offers just kind of a high level overview of our solution.
- 28:15Speaker 15: Sure Betsy thinks so our CS is reimbursement consulting services.
- 28:19Speaker 15: We like our acronyms here at Cardinal. It's a technology
- 28:22Speaker 15: solution that lives in the outcomes platform and it brings
- 28:25Speaker 15: together clinical opportunities along with financial and audit risk mitigation
- 28:30Speaker 15: as well as some insightful business reporting. The program itself
- 28:34Speaker 15: is very dedicated in results driven support. We have a
- 28:37Speaker 15: bi weekly advisor call. You will get an advisor assigned
- 28:41Speaker 15: to your store that will call you at a bi
- 28:43Speaker 15: weekly scheduled call. It's a mutually agreed upon time. Currently
- 28:47Speaker 15: have about twenty seven hundred pharmacies.
- 28:49Speaker 10: On our solution.
- 28:51Speaker 15: The stores that are on our solution are part of
- 28:53Speaker 15: a very high power network that has been part of
- 28:57Speaker 15: the number one performing PSAO with an outcomes spore four
- 29:01Speaker 15: years running. And right before I left to come here
- 29:03Speaker 15: to Denver, we did find out that we are still
- 29:05Speaker 15: number one halfway through twenty twenty five, so we're well
- 29:08Speaker 15: on our way. Just securing the spot five years in
- 29:10Speaker 15: a row.
- 29:11Speaker 13: That's awesome, awesome.
- 29:13Speaker 14: I feel like personally, the hallmark of our service and
- 29:17Speaker 14: our solution is the advisor. That advisor is such a
- 29:21Speaker 14: special relationship. Kristin, do you tell us a little bit
- 29:24Speaker 14: about how that works in your store.
- 29:26Speaker 12: Yeah, so I almost feel like I have bi weekly
- 29:29Speaker 12: calls and almost feel like I know my advisor. She's fabulous.
- 29:34Speaker 12: You know, we always the chit chat just a little bit,
- 29:37Speaker 12: and then we get into business. And so it's definitely
- 29:39Speaker 12: comforting to have that relationship because it looks it definitely
- 29:43Speaker 12: feels like and she is looking out for our best interest.
- 29:47Speaker 12: You know. She goes over the reports, points out important
- 29:50Speaker 12: things we need to look at, reminds me I need
- 29:52Speaker 12: to get on the outcomes and not to forget to
- 29:56Speaker 12: complete certain tasks before a deadline. So she's I feel
- 29:59Speaker 12: like my little angel on my shoulder, like reminded me
- 30:04Speaker 12: of the important things and definitely pointing out like important
- 30:10Speaker 12: like audit risks, exactly things that could be detrimental to
- 30:14Speaker 12: the pharmacy. She helps save us.
- 30:16Speaker 5: I agree that you really get to have a relationship
- 30:18Speaker 5: with that advisor. We had RCS in our store for
- 30:21Speaker 5: seventeen years and we had the same advisor that entire time,
- 30:25Speaker 5: and so you felt like you knew that person when
- 30:28Speaker 5: they called.
- 30:28Speaker 12: That's right, and I haven't met her in person. I
- 30:30Speaker 12: missed her at RBC a few years ago, so I'm
- 30:33Speaker 12: looking forward to one day actually meeting her in person.
- 30:36Speaker 13: Yes, she would love to beat you as well. I'm sure.
- 30:38Speaker 13: I'm sure.
- 30:41Speaker 14: Now has she been helpful with you as far as
- 30:46Speaker 14: helping you identify some easy, easy tips or opportunities on
- 30:52Speaker 14: the equipp and Outcomes platform as well?
- 30:54Speaker 12: Oh yes, I mean, you know there's if you're using Outcomes,
- 30:58Speaker 12: there's definitely just easy, easy, little tips that you know,
- 31:01Speaker 12: only take a few seconds or a few minutes, a
- 31:03Speaker 12: little quick phone call with a patient that can be
- 31:05Speaker 12: that can be done quickly. My struggle is I just,
- 31:09Speaker 12: you know, I'm a being, I'm a pharmacy, owner of
- 31:11Speaker 12: two pharmacies. I just put other tasks in front of it,
- 31:15Speaker 12: and time, how time it is, It's time. So it's
- 31:19Speaker 12: really nice to have that bi weekly call and have
- 31:22Speaker 12: her just remind me, hey, especially at the end of quarter, hey,
- 31:25Speaker 12: this is coming to you know you can there's profit
- 31:28Speaker 12: involved with it too, Like if you get this done,
- 31:30Speaker 12: you know, there's money on the table. And so I'm like, oh,
- 31:33Speaker 12: thank you, you know, I forgot It's it's the end
- 31:35Speaker 12: of a quarter, I need to hurry up.
- 31:36Speaker 14: And you know, it is funny how end of quarter
- 31:39Speaker 14: comes from a lot faster than you think it's it happens.
- 31:42Speaker 12: Yeah, it feels like every month there's end a quarter.
- 31:44Speaker 5: But Kristin, I know you do a really good job
- 31:46Speaker 5: of using your tech help and outcomes and also your students.
- 31:50Speaker 5: So I know that that's that you do a really
- 31:52Speaker 5: good job of that and using that time.
- 31:55Speaker 12: Yes, we we have pharmacy students that come to us
- 31:59Speaker 12: from Texas Tech Pharmacy School, and I usually have them
- 32:02Speaker 12: champion mtms. I mean something I wish I learned in school.
- 32:06Speaker 12: I think, you know, mtms were just starting to become
- 32:10Speaker 12: a thing in our industry, and so I didn't really
- 32:12Speaker 12: understand it when I first became a pharmacist. It's it's
- 32:16Speaker 12: so I let the pharmacy students champion it and then
- 32:19Speaker 12: they have they always have a call with Melissa, and
- 32:21Speaker 12: Melissa trains them how to properly use outcomes and how
- 32:26Speaker 12: to understand how to use it because it is, you know,
- 32:29Speaker 12: it's a new new technology if you've never seen it.
- 32:32Speaker 12: So Melissa makes it easy for the students to understand it,
- 32:35Speaker 12: and it gives them a great opportunity to work clinically
- 32:37Speaker 12: with our patients.
- 32:38Speaker 14: Absolutely, yeah, and so Melissa is part of the RCS team,
- 32:42Speaker 14: so she yeah, so she's helping with that as well.
- 32:44Speaker 13: That's awesome. Well, let's let's take a deeper.
- 32:46Speaker 14: Dive into the reports, because I know we talked about
- 32:49Speaker 14: that briefly and that's like another segment of our solution.
- 32:53Speaker 14: But we're really excited to announce that this RCS solution
- 32:58Speaker 14: has launched a new report in the past six weeks
- 33:01Speaker 14: called the Negative Receivables Report. Lisa, can you just talk
- 33:05Speaker 14: us through like this new report and kind of the
- 33:08Speaker 14: thought process that we had a cardinal before developing this report.
- 33:13Speaker 15: Absolutely. So it's called our Negative Receivables Report. And we
- 33:16Speaker 15: have to talk to our pharmacies all the time and
- 33:18Speaker 15: we're always willing and willing to listen to what their
- 33:21Speaker 15: current pain points are. And one theme kept coming up,
- 33:24Speaker 15: and it was about the claims that have a negative
- 33:26Speaker 15: reimbursement amount coming from the PBM. So we took a
- 33:29Speaker 15: deeper dive into you know, can we identify these claims
- 33:32Speaker 15: and if we can identify and what information would be
- 33:34Speaker 15: important to provide this. So we came up with this report,
- 33:37Speaker 15: and it really creates an awareness of where money is
- 33:39Speaker 15: being taken away from reimbursement. PBMs are using the contracted rate,
- 33:44Speaker 15: which always uses the lesser of logic, So if you
- 33:47Speaker 15: have your usual and customary price below the contracted rate,
- 33:51Speaker 15: you're going to get paid at usual in customary. Well,
- 33:53Speaker 15: the new wrinkle that they've added to this is now
- 33:55Speaker 15: that the PBMs are shopping the cash discount market, So
- 33:58Speaker 15: instead of the contracted great being kicked in, you're shopping
- 34:01Speaker 15: the cash discount market, and if there's an opportunity to
- 34:04Speaker 15: reimburse a claim with that, that's what they're doing. So
- 34:06Speaker 15: it basically results in you know, the patient paying a
- 34:10Speaker 15: copay and then the plan taking some of that copey
- 34:13Speaker 15: away and you're left with.
- 34:15Speaker 10: A claim that could be you know, below costs.
- 34:17Speaker 15: So it was a big frustration for our stores because
- 34:19Speaker 15: it was happening seamlessly behind the scenes and they weren't
- 34:22Speaker 15: able to make a different decision with the prescription.
- 34:27Speaker 13: Have you found this to be a useful report to you, Kristen.
- 34:30Speaker 12: Honestly, I utilize I utilize all the reports. Yeah, but
- 34:34Speaker 12: you know there's definitely, you know, there's money left on
- 34:37Speaker 12: the table if you don't look at those reports and
- 34:41Speaker 12: utilize them and just take a dance visibility.
- 34:45Speaker 13: I think that these reports are now.
- 34:47Speaker 12: Showing definitely visibility. You know, like most pharmacy owners aren't
- 34:51Speaker 12: always in the pharmacy all the time. And I've after
- 34:54Speaker 12: we bought, I owned two stores, so after we bought
- 34:56Speaker 12: our second store, I had to step back from being
- 34:58Speaker 12: in the pharmacy. And so that's I think that's when
- 35:02Speaker 12: I We've always used rcs, but I think that's when
- 35:05Speaker 12: it really highlighted how important those reports are to me.
- 35:08Speaker 12: So just make sure I know what's going on in
- 35:10Speaker 12: the stores and make sure we stay on right track.
- 35:13Speaker 15: That has to be hard to not be on site
- 35:14Speaker 15: at all times and wondering what's happening, so right, it's
- 35:17Speaker 15: great to have the reporting, yes, to provide that information.
- 35:20Speaker 5: I feel like we would have really been able to
- 35:22Speaker 5: use the negative Receivers report when I was in the store,
- 35:25Speaker 5: because it's.
- 35:26Speaker 12: Hard to look just on a timeline.
- 35:29Speaker 5: It's hard to look at every claims adjudication and make
- 35:32Speaker 5: sure that you got paid, you know, to cover your
- 35:34Speaker 5: cost and things like that, especially if you're if you're
- 35:38Speaker 5: going to seek adjudication out you tend to look at
- 35:40Speaker 5: the big hitters, right, You tend to look at your
- 35:42Speaker 5: GLP ones and your genuvias and things like that. You
- 35:44Speaker 5: don't look at every claims adjudication. And so this, this report,
- 35:49Speaker 5: I think would have been helpful to me to see
- 35:52Speaker 5: when you were having that negative plan paid amount, right,
- 35:55Speaker 5: And like.
- 35:56Speaker 12: Melissa was saying, I mean right, so checking as a pharmacist,
- 36:00Speaker 12: my attention is definitely on those brandname drugs. But this
- 36:02Speaker 12: is happening for you know, just inexpensive generics exactly, and
- 36:07Speaker 12: so you could be missing a large some of yeah
- 36:10Speaker 12: money because I mean you're focused on the prescription and
- 36:12Speaker 12: you don't think about looking at the reimbursement on them.
- 36:15Speaker 12: Always on the there's less expensive.
- 36:17Speaker 5: On the.
- 36:18Speaker 14: You know, and you have multiple people entering prescriptions in
- 36:22Speaker 14: the pharmacy, right, I mean it's not always the same.
- 36:24Speaker 12: Person, right, So I mean, you know, if we try
- 36:27Speaker 12: to train our technicians to watch for that, but we're
- 36:30Speaker 12: also busy, you know, the phone rings and you might
- 36:32Speaker 12: miss the adjudication come through. So it's nice to catch
- 36:35Speaker 12: it on the back end, exactly.
- 36:38Speaker 13: Yeah, that's a good way to think about it. Well,
- 36:40Speaker 13: we also have.
- 36:42Speaker 14: Other financial and audit reports that are visible on our solution.
- 36:47Speaker 14: One we categorize is opportunity reports. So Lisa, can you
- 36:51Speaker 14: just talk a little bit about what these opportunity reports
- 36:55Speaker 14: are and kind of just high level what they illustrate
- 36:58Speaker 14: to the pharmacies.
- 36:59Speaker 15: Yes, so our kid or of opportunity reports are prescriptions
- 37:02Speaker 15: if you think of any of them showing up on
- 37:04Speaker 15: these reports are things that you can take action on.
- 37:06Speaker 15: So I use the example of usual and customary pricing
- 37:09Speaker 15: earlier and how important it is to make sure your
- 37:12Speaker 15: usual and customary price is set high enough so that
- 37:14Speaker 15: the contracted great kicks in. So we do have one
- 37:16Speaker 15: report that will highlight anything that was paid at your
- 37:19Speaker 15: usual and customary another one that takes a look at
- 37:21Speaker 15: potential billing errors. So there's different pack sizes that are involved.
- 37:25Speaker 15: And if there is a incorrect quantity that was built,
- 37:29Speaker 15: that will affect your reimbursement and it could be in
- 37:31Speaker 15: a negative way. So we want to make sure that
- 37:33Speaker 15: any prescription that is built out is being built with
- 37:35Speaker 15: the correct quantity as well as the correct days supply.
- 37:39Speaker 15: Rounding out our opportunity report section is a reverse and
- 37:43Speaker 15: rebill report, So the reversion rebil report highlights any prescription
- 37:47Speaker 15: that has had a recent AdvP change. There are two
- 37:49Speaker 15: times a year in which AdvP change is the most
- 37:52Speaker 15: January first and followed up by July first, So we
- 37:55Speaker 15: just had the second one happening to us. So there
- 37:58Speaker 15: could be several thousand that change at the beginning of
- 38:01Speaker 15: the year. In about one thousand and about half of
- 38:03Speaker 15: what they do in January happen in July, and there's
- 38:06Speaker 15: a period of time where the plan might be reimbursing
- 38:09Speaker 15: at the old rate. PBMs get the same information that
- 38:12Speaker 15: we do. This ADVAP is going up on a certain date.
- 38:15Speaker 15: We immediately let you know that this is happening. Well,
- 38:18Speaker 15: the PBMs can be a little bit slow. They're not
- 38:20Speaker 15: as incentivized to get that information into their system, so
- 38:23Speaker 15: it could be anywhere from a couple of days up
- 38:25Speaker 15: to a couple of weeks. And during that time, if
- 38:27Speaker 15: you're filling a prescription, you could get reimbursed at the
- 38:29Speaker 15: old rate, and again it's going to negatively affect your
- 38:31Speaker 15: reimbursement because you're already buying it at the higher rate
- 38:35Speaker 15: exactly exactly.
- 38:37Speaker 14: So Kristin, like, what are your thoughts on these reports?
- 38:39Speaker 14: Do you have a favorite well, I do have a favorite.
- 38:43Speaker 12: I remember. The one way I at least utilize the
- 38:46Speaker 12: most is the potential billing errs. I mean, I can't
- 38:50Speaker 12: tell you how many times, you know, usually some day
- 38:52Speaker 12: supply issue, we just didn't calculate it correctly. The technicians
- 38:56Speaker 12: just didn't put it in, or we didn't catch it
- 38:58Speaker 12: when the pharmacist was looking at it. And so my
- 39:00Speaker 12: advisor has pointed out many times, mostly day supply or
- 39:05Speaker 12: like you're talking about package sies, well that doesn't come
- 39:07Speaker 12: in that package size, Or my advisor will point out
- 39:10Speaker 12: what typical dosing should be and she's like, did you
- 39:12Speaker 12: really mean to build it that way? And oftentimes it's no,
- 39:15Speaker 12: we just made a you know, a technical human error
- 39:18Speaker 12: when when billing it that in the audit process. I mean,
- 39:22Speaker 12: it would cost us hundreds a long run over time
- 39:25Speaker 12: the whole year, you know, thousands of dollars if if
- 39:28Speaker 12: you know, my advisor Tiffany did not point that out
- 39:31Speaker 12: to us.
- 39:31Speaker 13: And that's that's what we're trying to do.
- 39:33Speaker 14: Keep you audit ready, yes, and and have that every
- 39:36Speaker 14: two week phone call so that when we do identify
- 39:39Speaker 14: something for you, it's an actionable item so you can
- 39:42Speaker 14: actually do something about it.
- 39:43Speaker 12: Yes, right, And there's one thing I wanted to mention.
- 39:46Speaker 12: I know it's not a report, but my advisor always
- 39:48Speaker 12: tells me when a brand is going generic. Yes, and
- 39:52Speaker 12: that has also saved us so many times, because I agree, you.
- 39:56Speaker 13: Don't know, we don''t know.
- 39:57Speaker 12: If you don't know, I don't know, and so we've
- 39:59Speaker 12: missed eaw co on that. So it's she's also saved
- 40:01Speaker 12: us in that sense.
- 40:02Speaker 13: Or you find out on the substitution report. Yes, the
- 40:06Speaker 13: substitution report, so yeah, I didn't know, yea.
- 40:11Speaker 15: And sometimes it's not it was just an easy fix
- 40:13Speaker 15: from brand too generic that you know, it can be that,
- 40:15Speaker 15: but sometimes it's using the proper DAW code for it
- 40:18Speaker 15: as well, that you know, you know, finding the right
- 40:20Speaker 15: drug is the most important, and then billing it correctly
- 40:22Speaker 15: as well, too well.
- 40:23Speaker 13: And that leads us to the audit reports.
- 40:25Speaker 14: You know, we have, you know that section of reports
- 40:28Speaker 14: that we identify as audit reports at least, so what
- 40:30Speaker 14: you just like explain kind of what those reports are
- 40:34Speaker 14: to people.
- 40:34Speaker 15: That don't Yeah, absolutely, yes, we want as part of
- 40:37Speaker 15: our CS program, we want to make sure that you
- 40:39Speaker 15: keep the money that you already have and the PBMs
- 40:41Speaker 15: are out there auditing in full force, whether they're doing
- 40:45Speaker 15: invoice audits or desk audits or in person audits, and
- 40:48Speaker 15: we want to make sure that we're protecting your pharmacy
- 40:50Speaker 15: and mitigating your exposure.
- 40:52Speaker 10: So we have a couple of reports that will help
- 40:54Speaker 10: you with that. First is the.
- 40:55Speaker 15: Daw Codes Report, So anytime you use a DAW code
- 40:59Speaker 15: other than zero potentially puts you at risk for an audit.
- 41:02Speaker 15: So we talk a lot and educate the pharmacies and
- 41:04Speaker 15: the stores in the proper use of a DAW code
- 41:07Speaker 15: so you can make sure that you keep that money
- 41:09Speaker 15: as well as it triggers the correct reimbursement. And probably
- 41:12Speaker 15: the most used report out of our audits is the
- 41:15Speaker 15: Frequently Audited Items Report, and this is really just a
- 41:18Speaker 15: targeted list of drugs that are commonly audited by the PBMs.
- 41:22Speaker 15: They're highlighted a lot by insulins, eye drops, and healers.
- 41:25Speaker 15: Those are probably your top three biggest categories of drugs
- 41:28Speaker 15: to be audited. I'll add in their GP ones, I'll
- 41:31Speaker 15: talk about topicals, expensive items. You know, these are targets
- 41:34Speaker 15: the PBMs are going after something that's going to be
- 41:37Speaker 15: a money maker for them. So if they can find
- 41:39Speaker 15: you making a mistake on one of those products, it's
- 41:41Speaker 15: going to be a big chargeback for your pharmacy and
- 41:44Speaker 15: it could be very detrimental for that.
- 41:47Speaker 14: What I love is that we're constantly adding to that
- 41:49Speaker 14: frequently audited report as we hear from our stores, you know,
- 41:53Speaker 14: what are you being audited?
- 41:55Speaker 13: We pass that, you know, to all the advisors, to our.
- 41:58Speaker 14: Whole team, and then we try to reflect that in
- 42:00Speaker 14: that frequently item audited item before and.
- 42:03Speaker 15: We just came out with a new one or our
- 42:05Speaker 15: Special Audit Report as we call it. It's we have
- 42:07Speaker 15: to come up with a nazzier name, but it's it's
- 42:09Speaker 15: basically applying some of logic onto the report and it's
- 42:12Speaker 15: helped kind of bringing those needles in a haystack like
- 42:15Speaker 15: kind of up towards the top where we're looking at
- 42:17Speaker 15: some beyond you states and you know, making sure that
- 42:20Speaker 15: you know, sometimes those things kind of get past you
- 42:22Speaker 15: when you're you're calculating the prescription to make sure that
- 42:24Speaker 15: you're not using a model insul and past the twenty
- 42:26Speaker 15: eight day expiration.
- 42:28Speaker 5: You can have so many procedures in place at the
- 42:30Speaker 5: time of input and feel but you've got so many
- 42:34Speaker 5: things on your mind, and audits part of it.
- 42:37Speaker 13: And the phone ringing. Don't forget the phone ring You're going.
- 42:40Speaker 5: To let some things pass by, and I think it's
- 42:42Speaker 5: just nice to have the to know that you're going
- 42:44Speaker 5: to have the backup to catch it.
- 42:45Speaker 12: This way, yes, I can speak to that with our
- 42:47Speaker 12: pharmacy specifically, you know, especially when Ozembic was first coming out,
- 42:52Speaker 12: how many times we might have had the wrong day
- 42:55Speaker 12: supply and how many times our RCS advisor had caught that,
- 43:00Speaker 12: like did you really mean to put this or this?
- 43:02Speaker 12: And I was like, oh my gosh, that I mean,
- 43:04Speaker 12: you know again, the zimba's expensive, so saved us, you know,
- 43:07Speaker 12: thousands of dollars. And then we had a situation which
- 43:10Speaker 12: I recently learned about eye drops not being twenty drops
- 43:14Speaker 12: an mL, and I don't know how they do it.
- 43:16Speaker 12: I haven't figured that out yet, but I think the
- 43:18Speaker 12: RCS team had created an eye drop chart for pharmacies
- 43:22Speaker 12: to use, and that has also been a life saver
- 43:24Speaker 12: because there was one time we built a very expensive
- 43:28Speaker 12: I drop thousands of dollars that our advisor had caught
- 43:31Speaker 12: and educated me on how it's not always twenty drops
- 43:34Speaker 12: or yeah, twenty twenty drops in mL.
- 43:36Speaker 15: Absolutely, that seem Melissa did a really nice job putting
- 43:38Speaker 15: that together. They took a part all the different PBMs
- 43:42Speaker 15: and manuals that are out there instead of having to
- 43:44Speaker 15: refer to all of them, and put it in one
- 43:46Speaker 15: easy to use format. And have we been using it
- 43:48Speaker 15: with our stores And I'm glad you're finding good use.
- 43:50Speaker 13: So that's great using it. Yeah, yeah, thank you, thank you.
- 43:54Speaker 12: Yes, we haven't posted by the pharmacist station, so everyone
- 43:58Speaker 12: knows about it. Yeah, that's all.
- 44:00Speaker 13: That's awesome.
- 44:01Speaker 14: Well, there's also several other I would call them informational
- 44:06Speaker 14: reports available on our solution. Lisa, you want to just
- 44:10Speaker 14: share with us a little bit about maybe the third
- 44:12Speaker 14: party overview and some of the sub financial reports that
- 44:15Speaker 14: are also available.
- 44:16Speaker 15: Yeah, absolutely, so our third Party Overview is really giving
- 44:18Speaker 15: you a snapshot of your business, you know, for a
- 44:21Speaker 15: current month. It's it's typically used at looked at it
- 44:24Speaker 15: a month. We can also you know, provide the information
- 44:26Speaker 15: quarterly or annually, but gives you a snapshot of the
- 44:28Speaker 15: PBMs that you're billing.
- 44:30Speaker 12: You know.
- 44:30Speaker 15: One of the most important features on there is taking
- 44:33Speaker 15: a look at what percentage each plan is of your
- 44:35Speaker 15: total book of business, and that's very important, especially when
- 44:38Speaker 15: different contracted rates change. I know there was something that
- 44:41Speaker 15: happened a couple of years ago with Express Scripts, and
- 44:43Speaker 15: you know we really needed to you know, level set
- 44:45Speaker 15: the pharmacies expectations when looking at that, like how many
- 44:48Speaker 15: prescriptions or what percentage are their business.
- 44:50Speaker 10: We're going to be affected negatively by that.
- 44:52Speaker 15: So it does really helped to give that visibility and
- 44:55Speaker 15: giving just that list of what am I billing, how
- 44:57Speaker 15: many different PBMs are out there, and you know, breaking
- 44:59Speaker 15: apart the business by brand and generic and overall gross
- 45:02Speaker 15: margin and gross profitability is very important to take a
- 45:06Speaker 15: look at it. So we not only have that available
- 45:07Speaker 15: in like a PDF or an Excel format so you
- 45:09Speaker 15: can kind of slice and dice, but it also gives
- 45:12Speaker 15: you your top plans that you're billing, So knowing who's
- 45:15Speaker 15: your top plan that you're billing, your top medicare plans
- 45:17Speaker 15: that you're billing, how much cash business if it's there,
- 45:20Speaker 15: and who are your lower performers as well. But we
- 45:23Speaker 15: also take that information and we give you in a
- 45:25Speaker 15: visualized chart format that's very flexible. So a pharmacy owner
- 45:29Speaker 15: can get in there on a daily basis and kind
- 45:31Speaker 15: of check to see where their pharmacies is trending. We
- 45:34Speaker 15: can take a look at current timeframes, this timeframe versus
- 45:37Speaker 15: a previous time frame, so it really does give you
- 45:39Speaker 15: a sense of what's happening in your pharmacy and looking
- 45:42Speaker 15: at some of those key performance indicators.
- 45:45Speaker 12: Yes, have you found those to be useful reports for
- 45:48Speaker 12: use Yes, especially during when it's kind of like I
- 45:51Speaker 12: guess you was saying, open enrollment. It's probably that's one
- 45:55Speaker 12: of the biggest times I really to sit down and
- 45:57Speaker 12: focus on those reports. But definitely gives a lot of
- 45:59Speaker 12: visits ability to our community who we're feeling for and
- 46:04Speaker 12: what insurance we're taking. So it definitely highlights, you know,
- 46:08Speaker 12: what we need to pay attention to and if what
- 46:11Speaker 12: contracts we need to maybe rethink.
- 46:14Speaker 7: Ye.
- 46:14Speaker 5: I think third party overview is helpful because it lets
- 46:17Speaker 5: you sometimes you see your loss of adjudication and you
- 46:21Speaker 5: get it in your head and you focus on the
- 46:23Speaker 5: losses like you think in your head, every time I
- 46:25Speaker 5: feel janumt to this PBM, I lose fifty dollars, right,
- 46:29Speaker 5: And that's so stuff in your head, and it's nice
- 46:31Speaker 5: to be able to step back and take a deep
- 46:33Speaker 5: breath and look at the third party overview and realize
- 46:35Speaker 5: that that bin is really a successful bin overall for you. Yes, yeah,
- 46:39Speaker 5: it's been focusing on those losses that you see, but
- 46:43Speaker 5: overall the bin's successful for you.
- 46:46Speaker 8: Or maybe you look in.
- 46:47Speaker 5: There and you say, oh, you know what, this ben's
- 46:49Speaker 5: only two percent of my whole business.
- 46:53Speaker 12: You know, So it's it's it helps you step back
- 46:56Speaker 12: and take a breath, and yes.
- 46:58Speaker 14: Exactly, exactly. Well, we've talked about how important that advisor
- 47:04Speaker 14: relationship is with stores and that is again a key
- 47:07Speaker 14: component to our solution. We've looked at our reports, but
- 47:11Speaker 14: like Lisa, when you're talking to stores, I mean, what
- 47:14Speaker 14: do you think there are best practices in order for
- 47:16Speaker 14: them to get the most out of our solution.
- 47:18Speaker 15: Well, I think the engagement with the advisor is extremely important.
- 47:21Speaker 15: We assign one advisor to the store for a reason.
- 47:24Speaker 15: We want to make sure that that advisor does get
- 47:26Speaker 15: to know the owner and the staff at the pharmacy
- 47:29Speaker 15: because each store is unique. It's not a cookie cutter.
- 47:31Speaker 15: And you know, our reporting is basic and it has
- 47:34Speaker 15: the same reports for each of our stores, but things
- 47:36Speaker 15: are more important to certain stores than other stores. We
- 47:39Speaker 15: want to make sure that there's that engagement in that
- 47:41Speaker 15: relationship is being built between them. So we want to
- 47:44Speaker 15: make sure that you know there's a good mutually agreed
- 47:47Speaker 15: upon time and that we're sticking to the schedule so
- 47:49Speaker 15: that we can be respectful of each other's schedules as well.
- 47:54Speaker 13: Yeah, I agree, I agree.
- 47:55Speaker 14: I feel like this solution is just so beneficial for
- 47:58Speaker 14: independent pharmacists. I don't when I we were in the store,
- 48:03Speaker 14: I don't know how we could have done the things
- 48:06Speaker 14: we did without our advice. We're calling us back back
- 48:09Speaker 14: in the day. But I know you feel the same
- 48:11Speaker 14: way about symphony as well.
- 48:12Speaker 12: Yes, I say, I mean for RCS, I think comes
- 48:16Speaker 12: to mind two major things. Definitely visibility, especially as an owner,
- 48:20Speaker 12: just staying on top of what's going on in the
- 48:22Speaker 12: pharmacy with RCS providing those reports, and like I mentioned earlier,
- 48:27Speaker 12: I appreciate those phone calls because I can have the discussion.
- 48:31Speaker 12: You know, if I just look at the reports, I
- 48:32Speaker 12: might not necessarily notice something that should be looked at
- 48:37Speaker 12: or highlighted. And so it's really nice when my my,
- 48:41Speaker 12: when Tiffany calls, and like said, hey, you need like
- 48:43Speaker 12: look at this. Have you noticed this or seen this?
- 48:46Speaker 12: So it's it's just, you know, she's kind of my
- 48:48Speaker 12: partner in crime and looking at into over everything in your.
- 48:55Speaker 14: Absence insurance policy just another you know, an insurance policy.
- 49:00Speaker 12: Pharmacy is always changing and in so many different ways,
- 49:04Speaker 12: and so it's hard to keep up with all those changes.
- 49:06Speaker 12: So it's definitely not to have those discussions. And then financially,
- 49:10Speaker 12: I can't you know, you know, highlight how important it
- 49:14Speaker 12: is financially how many times I've been saved with audit
- 49:17Speaker 12: risk too, how how important it is, how how the
- 49:20Speaker 12: service pays for itself.
- 49:22Speaker 15: Yeah, yeah, exactly, Well, thank you, thank you for I
- 49:24Speaker 15: was going to talk about the scorecard too.
- 49:26Speaker 13: Oh yeah, yeah, you know.
- 49:27Speaker 15: So one of the newest things that we launched last
- 49:29Speaker 15: year was our RCS scorecard, and this was really designed
- 49:32Speaker 15: for owners.
- 49:33Speaker 10: You know, our program is very flexible.
- 49:35Speaker 15: Sometimes the owner takes the call and sometimes we're talking
- 49:38Speaker 15: to the pharmacist in charge or a technician.
- 49:40Speaker 10: It just depends on which.
- 49:41Speaker 13: Seems multiple people.
- 49:42Speaker 15: Sometimes multiple people, Yeah, sometimes we're talking to two or
- 49:44Speaker 15: three people. So this is a way for us to
- 49:46Speaker 15: stake more connected with the owners and providing an ROI
- 49:50Speaker 15: of the solution themselves. So Kristin mentioned, you know, taking
- 49:52Speaker 15: advantage of some of the financial opportunities, but the audits
- 49:55Speaker 15: as well and really looking at how much money was
- 49:57Speaker 15: saved and what we protected the exposure from an it
- 50:00Speaker 15: and really seeing kind of that in black and white
- 50:02Speaker 15: is great part of that. We ask our advisors to
- 50:05Speaker 15: kind of jot down when they find a big win,
- 50:07Speaker 15: and big wins we've identified as something over fifty dollars.
- 50:10Speaker 15: Most of the things we find out our reports are
- 50:12Speaker 15: much less, but those big wins are important to kind
- 50:14Speaker 15: of understand what drugs are being built with a mistake,
- 50:18Speaker 15: and it creates a wait for the owner to have
- 50:21Speaker 15: a checklist, to train their staff and give them some
- 50:24Speaker 15: best practices and kind of some things to look at.
- 50:26Speaker 15: There's so many different things that you need to pay
- 50:28Speaker 15: attention to at the pharmacy, you know. So we're trying
- 50:31Speaker 15: to create help and save you some time and kind
- 50:34Speaker 15: of pulling all this reporting together as well as the
- 50:36Speaker 15: outcomes reporting, which is going to show you, you know,
- 50:38Speaker 15: how your score is performing. You know, outcomes gets performance
- 50:41Speaker 15: scores three being an average store, and the higher your
- 50:45Speaker 15: score going up to five really means the more money
- 50:47Speaker 15: that's coming into your pharmacy from a revenue standpoint beyond
- 50:50Speaker 15: the script. You know, so that in reporting coming from
- 50:53Speaker 15: outcomes as well as important to see what you've taken
- 50:56Speaker 15: advantage of and maybe what has been left on the
- 50:58Speaker 15: table and kind of discussing a game plan with your
- 51:00Speaker 15: advisor is to what maybe can be done to try
- 51:04Speaker 15: to get some of that additional money the next year
- 51:05Speaker 15: as well.
- 51:07Speaker 14: And we encourage anyone who would like to learn more
- 51:10Speaker 14: about our solution to sign up for a demo. We'd
- 51:14Speaker 14: love to show it to you, talk to you a
- 51:15Speaker 14: little bit more in detail about how it can be
- 51:17Speaker 14: beneficial to your store.
- 51:19Speaker 10: Absolutely yep.
- 51:20Speaker 15: We're located in the Financial Health section of URCS of
- 51:23Speaker 15: the Cardinal Health RBC show. We're offering a show special
- 51:26Speaker 15: of seventy five dollars off a month for the first
- 51:29Speaker 15: year if you sign up at RBC so that show
- 51:31Speaker 15: special is running out shortly. We have a talented, very
- 51:34Speaker 15: talented team of advisors twenty two people across the country
- 51:38Speaker 15: that will be assigned to your store to help you
- 51:40Speaker 15: with your business. And we have two very talented clinical
- 51:43Speaker 15: pharmacists can help train your staff as well as yourself
- 51:46Speaker 15: to make sure that you're really taking advantage of everything
- 51:49Speaker 15: that the Outcomes platform has to offer as well.
- 51:52Speaker 14: Great, Well, this was awesome discussion, guys. I'm glad we
- 51:55Speaker 14: could sit here and share what we do on a
- 51:58Speaker 14: day to day basis with everyone, and I hope everyone
- 52:01Speaker 14: has a better understanding of all the different aspects of
- 52:04Speaker 14: our solution. Thank you Kristin for your time today and
- 52:08Speaker 14: for sharing your experiences, and Melissa and for Lisa for
- 52:12Speaker 14: breaking it all down for us today.
- 52:14Speaker 13: We appreciate you're talking to us today and be with
- 52:18Speaker 13: us and have a great rest of RBC twenty twenty five.
- 52:21Speaker 8: All right, thank you guys.
- 52:23Speaker 12: Guys.
- 52:27Speaker 3: All right, last podcast of the day, and I'm excited
- 52:30Speaker 3: about this one because it's a new, fairly new we
- 52:34Speaker 3: talked about it last year platform that Cardinal's rolling out,
- 52:39Speaker 3: Vantis HQ. I have three lovely ladies here with me today, Addie,
- 52:44Speaker 3: Morgan and Melissa, and we're going to talk about Vantis.
- 52:47Speaker 3: What it is, why we should love it, what it's
- 52:50Speaker 3: going to look like, what it does look like, all
- 52:52Speaker 3: the good stuff. Right, all right, ladies, let's dive into it.
- 52:56Speaker 3: So one, I see vantas everywhere here on the floor.
- 53:01Speaker 9: Right.
- 53:02Speaker 4: Last year we were.
- 53:03Speaker 3: Kind of rumbling, we did a podcast about it, and
- 53:05Speaker 3: then we did a slow rollout and now it's here.
- 53:08Speaker 3: So who wants to chime in? Tell me what vantasy is.
- 53:11Speaker 3: Tell all the people out there in podcast land what
- 53:13Speaker 3: vantis is.
- 53:14Speaker 12: Yeah, sure, So. Vantas HQ is our new ordering platform.
- 53:18Speaker 16: We recently went in live for all of our retail
- 53:21Speaker 16: independent customers. But it's actually a lot more than just
- 53:24Speaker 16: an ordering platform. It's really a hub for all of
- 53:26Speaker 16: your interactions with cardinal Health. It's a place where you
- 53:29Speaker 16: can go to find industry updates, product information, and advanced analytics,
- 53:34Speaker 16: as well as all of the information about your solutions.
- 53:38Speaker 3: That is something that I have noticed with Vantis coming
- 53:42Speaker 3: from the old platform, is it is way easier to
- 53:45Speaker 3: find things. There's still some things that need to be tweaking,
- 53:48Speaker 3: and I know you guys are doing that and we'll
- 53:49Speaker 3: talk about that later, but it is a lot easier
- 53:52Speaker 3: for sure on that.
- 53:54Speaker 12: Well, obviously we're happy to hear that.
- 53:57Speaker 3: I know for all you podcast people. I said, hey,
- 54:00Speaker 3: let's talk about this. She's like, well, I want to
- 54:01Speaker 3: ask you a question. Fire sound like, nope, we're doing
- 54:03Speaker 3: it on the podcast because it's real. That's what we're
- 54:05Speaker 3: talking about, right, What else about bantus? I know, is
- 54:08Speaker 3: there an app for that?
- 54:10Speaker 17: There is a Vantas app. It's available for Android and
- 54:14Speaker 17: iOS devices, both mobile and tablet. It sinks with the
- 54:19Speaker 17: desktop site, so you can switch between your devices pretty seamlessly, yes,
- 54:23Speaker 17: and continue working. You know, in a fast paced environment
- 54:25Speaker 17: where you need to kind of shift gears, you're able
- 54:28Speaker 17: to do that pretty easily.
- 54:29Speaker 3: I know with the old Order Express app, it it
- 54:32Speaker 3: was kind of clunky a little bit. This one seems
- 54:35Speaker 3: a lot smoother. We're using it at our store, so
- 54:38Speaker 3: I'm happy about that for you guys.
- 54:40Speaker 4: To know that, right.
- 54:41Speaker 3: So it's look, it's two positives right there off the bat, right,
- 54:44Speaker 3: all right?
- 54:45Speaker 4: So vantis what what does that even mean? Well? Why
- 54:48Speaker 4: did you all come up with vantis? Order Express kind
- 54:50Speaker 4: of seems like normal? Why vantas HQ?
- 54:53Speaker 11: What is that?
- 54:54Speaker 6: Sure?
- 54:55Speaker 7: So?
- 54:56Speaker 17: I think anytime you go to name something, there's a story, right,
- 55:00Speaker 17: So when we started talking about what Vantis would be called,
- 55:04Speaker 17: we wanted to make sure that we picked a name
- 55:06Speaker 17: that was easy pronounced, that was you know, really important
- 55:09Speaker 17: at the top of our priority list, easy to pronounce,
- 55:12Speaker 17: easy to remember, and really encompasses everything that Vantas HQ.
- 55:18Speaker 10: Has to offer.
- 55:20Speaker 18: So naming the site was really a group effort.
- 55:23Speaker 17: We had suggestions coming in from across Cardinal across the
- 55:28Speaker 17: Vantas team, and we also took customer feedback on the name.
- 55:33Speaker 17: And so what vantis is is a conglomeration of the words.
- 55:37Speaker 4: That's a big word. I'm glad it was a conglomeration HQ.
- 55:41Speaker 17: And yes, so it's a it's a mix of two
- 55:47Speaker 17: words vantage meaning view, got it and us, which really
- 55:54Speaker 17: is to symbolize the partnership between Cardinal Health and our customers.
- 55:58Speaker 17: So you know, we added each Q to really signify
- 56:03Speaker 17: that it is kind of your home base, your digital
- 56:06Speaker 17: hub for your interactions with Cardinal Health. So vantis HQ
- 56:12Speaker 17: is your full view into all of your services and
- 56:16Speaker 17: solutions and ordering with Cardinal Health. Yeah, and it's your
- 56:22Speaker 17: full headquarters.
- 56:24Speaker 3: And it is I mean I can it's way easier
- 56:27Speaker 3: to navigate for sure, and I had Order Express figured out.
- 56:33Speaker 3: It only took me like seventeen years to get it
- 56:36Speaker 3: all figured out, and now we're switching to this new platform.
- 56:40Speaker 3: But it has been very seamless, like the education that
- 56:43Speaker 3: you guys have sent out and the training videos I
- 56:46Speaker 3: haven't returns where a little funky because that whole process
- 56:51Speaker 3: has has changed, right with the track and trace and
- 56:53Speaker 3: all that stuff. But otherwise it's been pretty fantastic. So yeah,
- 57:00Speaker 3: why are you all surprised? Are you not getting that
- 57:02Speaker 3: good feedback?
- 57:02Speaker 8: Now, we've heard that from a lot of customers.
- 57:05Speaker 11: We've seen that where they're using the help section and
- 57:10Speaker 11: they're usualizing any kind of information we have there, they're
- 57:14Speaker 11: able to just quickly pick up and go and do
- 57:17Speaker 11: things versus not needing a lot of guidance, and so
- 57:22Speaker 11: that's been awesome to see.
- 57:24Speaker 17: Well, I think it's less surprise and more excitement and pride.
- 57:28Speaker 8: You know, we've worked for a long.
- 57:30Speaker 17: Time on this project and to see customers have positive
- 57:34Speaker 17: reactions is it's so personal to us.
- 57:36Speaker 18: And then it's so exciting.
- 57:37Speaker 16: And also I would just add like it's fun to
- 57:40Speaker 16: hear you talk about things that when they work well,
- 57:42Speaker 16: you just don't even typically notice them, Like if the
- 57:45Speaker 16: navigation works well on a site, you probably wouldn't even
- 57:47Speaker 16: notice that most of the time. So it's just fun
- 57:49Speaker 16: to hear you call out some of the stuff that
- 57:51Speaker 16: you know we've had, we've touched.
- 57:53Speaker 3: Yeah, and you all mentioned it while ago, like customer feedback.
- 57:58Speaker 3: I'm glad that you asked us, and I think you're
- 58:00Speaker 3: still asking what's going on?
- 58:03Speaker 4: What do you not like?
- 58:04Speaker 5: What?
- 58:04Speaker 7: You know?
- 58:04Speaker 3: There's some things I could tell you. Guys, Hey, we
- 58:05Speaker 3: need to work on this and tweak it, but it
- 58:08Speaker 3: is important. So what is your process for getting customer feedback?
- 58:11Speaker 3: If we have a cardinal person listening and they're like,
- 58:14Speaker 3: you know, I really don't like that, what do they
- 58:16Speaker 3: need to do?
- 58:17Speaker 16: Yeah, that's a really really good question. I think, like
- 58:20Speaker 16: to your point, we did talk to customers all the
- 58:23Speaker 16: way along.
- 58:23Speaker 12: We've been gathering feedback.
- 58:24Speaker 16: All the way along, and now that we're launching and
- 58:28Speaker 16: we're live, we're still gathering that feedback across a variety
- 58:32Speaker 16: of different channels. So one thing that you can do
- 58:34Speaker 16: if you want to give us feedback and you're here
- 58:37Speaker 16: at OURBC, we'd love to see you. We have a
- 58:39Speaker 16: booth on the show floor. We also have the learning
- 58:41Speaker 16: lab down in room two oh six. We'd be really
- 58:43Speaker 16: happy to hear your feedback in either of those locations.
- 58:45Speaker 16: If you want to come talk to us live, you
- 58:47Speaker 16: can also go to the on site survey. It's on
- 58:51Speaker 16: the Vantas website. We'd love to hear your feedback that way.
- 58:55Speaker 16: And then of course you could also join our customer
- 58:57Speaker 16: Experience panel, which my team manages, and that's a great
- 59:00Speaker 16: way if you want to kind of give ongoing.
- 59:02Speaker 4: Feedback and honest feedback, honest feedback seeds.
- 59:05Speaker 12: Please we want to hear it. You know, feedback helps
- 59:07Speaker 12: us to improve.
- 59:08Speaker 16: So I know that sometimes people are uncomfortable about giving feedback,
- 59:12Speaker 16: but we love to hear it because that is.
- 59:14Speaker 12: Going to move.
- 59:14Speaker 4: You don't have to be tired, be nice about it,
- 59:20Speaker 4: but truly.
- 59:21Speaker 12: Like it helps us to improve. It's going to help
- 59:22Speaker 12: us to make enhancements as we go forward.
- 59:24Speaker 11: And one of the things there's a couple areas we're
- 59:26Speaker 11: actually getting feedback from.
- 59:28Speaker 12: One is from sales team, you know, we're.
- 59:30Speaker 11: Meeting with them. We're meeting with smeeths as far as
- 59:33Speaker 11: people who know certain features and functionalities of the site
- 59:36Speaker 11: to get more information so that we can build it
- 59:38Speaker 11: the right way. We're also running we had the pilot
- 59:41Speaker 11: in December when we first rolled it out, and we've
- 59:44Speaker 11: gone into pharmacies to watch people use Vantas, which each
- 59:48Speaker 11: major feature roll out. We will send a couple of
- 59:51Speaker 11: people there and spend two days to be like, how
- 59:54Speaker 11: are you using this?
- 59:54Speaker 13: And it's not just one particular feature.
- 59:56Speaker 11: We want to see everything of what they're doing where
- 59:59Speaker 11: they may some challenges versus where there.
- 1:00:02Speaker 12: Is smoothness, because we want to eliminate that friction.
- 1:00:06Speaker 11: The other thing we might do is, just like Addie
- 1:00:09Speaker 11: was saying, spend time here at RBC with customers. I've
- 1:00:12Speaker 11: had a lot of customers come up and they'll say, hey,
- 1:00:15Speaker 11: I have some feedback, and we welcome feedback. It's a
- 1:00:17Speaker 11: gift to get that, and we want to make improvements.
- 1:00:21Speaker 13: We don't want to have this site become stale. We
- 1:00:25Speaker 13: want to keep evolving it. We want to meet the customer.
- 1:00:27Speaker 3: Where they're at, and it needs to in the pharmacy world,
- 1:00:30Speaker 3: it needs to constantly evolve. And that's something that a
- 1:00:35Speaker 3: lot of programs that we use in the pharmacy world,
- 1:00:38Speaker 3: they kind of fizzle out. They can't they can't keep up.
- 1:00:40Speaker 3: So I'm glad that to hear that you guys are
- 1:00:43Speaker 3: on top of that for sure. So when you say feedback,
- 1:00:45Speaker 3: what what's some of the good stuff you've heard from
- 1:00:48Speaker 3: about it?
- 1:00:49Speaker 18: Yeah, I'm so glad you asked that.
- 1:00:51Speaker 4: I did, because it told me right here to ask
- 1:00:53Speaker 4: this question.
- 1:00:55Speaker 18: Well, I'm really excited to share with you. So to
- 1:00:58Speaker 18: be honest with you, some of the simplest features are.
- 1:01:04Speaker 17: Having the biggest impact, according to what our customers are
- 1:01:06Speaker 17: telling us. So the navigation that you spoke about, the
- 1:01:11Speaker 17: visibility to things on the homepage.
- 1:01:14Speaker 18: Like order status and shipping status, having.
- 1:01:17Speaker 17: All that information right in front of you when you
- 1:01:19Speaker 17: sign in, yep, those are definitely things that we're getting.
- 1:01:22Speaker 13: Positive feedback around.
- 1:01:24Speaker 18: And I would be remiss if I did not mention
- 1:01:26Speaker 18: the back button working.
- 1:01:27Speaker 3: Oh the back button, man, I was hoping you were
- 1:01:32Speaker 3: going to say that was my biggest thing with the
- 1:01:34Speaker 3: Order Express. It look two of them, the back button.
- 1:01:37Speaker 3: And if you don't type it in exactly, like it's
- 1:01:39Speaker 3: in there and now I don't, I can misspell stuff
- 1:01:42Speaker 3: and it's amazing and I can find whatever, you know, shit,
- 1:01:47Speaker 3: hydro razors, something I need, like for a patient.
- 1:01:51Speaker 4: Yes, I was like, oh about time, So that's good.
- 1:01:54Speaker 17: Yes, Yes, So you don't have to type it in exactly.
- 1:01:57Speaker 17: You don't have to type in a SIN or an
- 1:01:59Speaker 17: INDC or UPC to find a product.
- 1:02:02Speaker 18: You can search by a generic name. You can search
- 1:02:03Speaker 18: by a brand.
- 1:02:05Speaker 17: Like you said, if you you know you want to
- 1:02:07Speaker 17: order something for maybe your front end, but you're not
- 1:02:10Speaker 17: exactly sure what you want. An example I use often
- 1:02:14Speaker 17: is protein drink. You know there's so many brands and
- 1:02:16Speaker 17: maybe you're not sure. You kind of want to see
- 1:02:17Speaker 17: what's available. In price compare, you can just search for
- 1:02:20Speaker 17: protein drinks and if it wasn't in.
- 1:02:22Speaker 4: Is protein Drink and the order express you could not
- 1:02:25Speaker 4: find it. It was exactly it was a booger.
- 1:02:27Speaker 3: Yeah, yeah, So are you all The buzzword now in
- 1:02:31Speaker 3: America is AI?
- 1:02:33Speaker 11: Oh?
- 1:02:34Speaker 12: Yes, we have AI.
- 1:02:36Speaker 4: I love AI.
- 1:02:37Speaker 3: Some people hate it, they think it's going to in
- 1:02:38Speaker 3: the world, but I like when we can use it
- 1:02:40Speaker 3: towards our advantage. Right, So, how are you all utilizing
- 1:02:43Speaker 3: AI to improve vantis for our customer experience.
- 1:02:48Speaker 13: The biggest one right.
- 1:02:49Speaker 11: Now we're using it for is search, and we are
- 1:02:53Speaker 11: actually in development to continue that enhancement of AI. So
- 1:02:57Speaker 11: as you use search, it's and it's trying to continually
- 1:03:03Speaker 11: evolve what it's bringing back. So the more that you
- 1:03:06Speaker 11: use it, the smarter it's going to get.
- 1:03:08Speaker 7: We have.
- 1:03:10Speaker 11: Enhancements coming now we have more enhancements coming.
- 1:03:13Speaker 12: In the future.
- 1:03:14Speaker 13: The more people who are using it, the more we're
- 1:03:16Speaker 13: going to see better.
- 1:03:17Speaker 4: Results from Yeah, it's just going to keep snowballing on
- 1:03:20Speaker 4: top of itself.
- 1:03:21Speaker 11: Yes, yeah, so that that is our biggest area that
- 1:03:24Speaker 11: we are using AI.
- 1:03:25Speaker 4: Nice.
- 1:03:26Speaker 3: Yeah, I would love for it. Hey, you're looking this up,
- 1:03:28Speaker 3: but what do you think about this, this, and this?
- 1:03:30Speaker 3: And I know you're all store typically sells a lot
- 1:03:32Speaker 3: of this, this and this, and what do you think
- 1:03:34Speaker 3: about this? And you know that's something down the road
- 1:03:36Speaker 3: that we can throw in there that that would definitely
- 1:03:39Speaker 3: help one other.
- 1:03:40Speaker 11: There's two other areas, like I know, in order express,
- 1:03:45Speaker 11: you might have searched for something and you'd be like,
- 1:03:47Speaker 11: cannot find it.
- 1:03:48Speaker 13: You know, you get your empty results, try again something
- 1:03:50Speaker 13: like that.
- 1:03:51Speaker 11: AI is helping us minimize that, yes, and find those.
- 1:03:55Speaker 12: Results or bring back the relevant results.
- 1:03:59Speaker 11: We're also working on on recommended products so it can
- 1:04:02Speaker 11: get smarter and in the future we're going to have
- 1:04:05Speaker 11: it so hey, it knows that you tend to click
- 1:04:07Speaker 11: on this kind of stuff or you tend to order this,
- 1:04:10Speaker 11: we should bubble that up as far as these are recommended.
- 1:04:12Speaker 13: Products for you.
- 1:04:13Speaker 12: So that's another area that we're looking at.
- 1:04:15Speaker 4: Nice.
- 1:04:16Speaker 3: So on the flip side, what's what's the bad stuff?
- 1:04:19Speaker 3: What are things that you're hearing from people that you're like,
- 1:04:22Speaker 3: we got to work on that.
- 1:04:23Speaker 5: Yeah.
- 1:04:24Speaker 16: Well, so anytime you roll something new out, there are
- 1:04:26Speaker 16: always going to be issues that arise. You know, we
- 1:04:28Speaker 16: did extensive research at the start of Vantis to try
- 1:04:31Speaker 16: to understand what the ideal ordering experience looks like for customers.
- 1:04:35Speaker 16: We work with prototypes in order to make sure that
- 1:04:37Speaker 16: people were able to do most things, but there's always
- 1:04:40Speaker 16: going to be something that you know, is an area
- 1:04:43Speaker 16: that you need to enhance going forward, and so we're
- 1:04:45Speaker 16: hearing a lot of those areas. The fun thing, well
- 1:04:48Speaker 16: maybe not a fun thing, but but a good thing
- 1:04:51Speaker 16: is that we're hearing a lot of the same stuff
- 1:04:53Speaker 16: here at OURBC that we've been hearing through the various
- 1:04:56Speaker 16: channels that Melissa and I just talked about, you know,
- 1:04:59Speaker 16: from our customers, from our sales reps, and that helps
- 1:05:02Speaker 16: us to understand that these are like larger issues that
- 1:05:04Speaker 16: we really need.
- 1:05:05Speaker 12: To focus on and move forward with quickly.
- 1:05:07Speaker 16: So one of those issues that we're hearing a lot
- 1:05:09Speaker 16: about is scrolling in search results page.
- 1:05:12Speaker 12: Yes, yeah, you've noticed that. Yeah, yeah, so that's something
- 1:05:16Speaker 12: that we have slated for.
- 1:05:18Speaker 16: You know, we have a fixed coming in a future
- 1:05:21Speaker 16: enhancement that will be coming relatively soon, and it's something
- 1:05:24Speaker 16: that we're also exploring other options for enhancements going forward with.
- 1:05:28Speaker 16: But yeah, there are a few things like that that
- 1:05:30Speaker 16: we know we need to address.
- 1:05:31Speaker 12: We're hearing that feedback.
- 1:05:33Speaker 16: We're going to continue to gather that feedback from our
- 1:05:35Speaker 16: customers so that we can keep improving.
- 1:05:37Speaker 3: And that's what I'm excited to hear it. It goes
- 1:05:40Speaker 3: in the next question, is this is constantly evolving? Yes, yes,
- 1:05:45Speaker 3: and you all have made that a point of this.
- 1:05:48Speaker 3: Whereas Order Express, you know, you loved it and you
- 1:05:51Speaker 3: hated it.
- 1:05:52Speaker 4: It was easy to use, but at the same time
- 1:05:53Speaker 4: it was hard to use.
- 1:05:55Speaker 3: You know, give us a little bit on how you
- 1:05:56Speaker 3: guys are consistently going to keep it from getting stay
- 1:06:00Speaker 3: on how it's going to evolve.
- 1:06:01Speaker 11: So Order Express is outdated, it's been in maintenance mode,
- 1:06:05Speaker 11: it hasn't had a lot of love. And with Vantis,
- 1:06:09Speaker 11: we are putting all our efforts behind that. We're using
- 1:06:13Speaker 11: a multi fashioned approach. We're taking feedback from our customer.
- 1:06:18Speaker 14: We're looking at a three hundred.
- 1:06:20Speaker 11: And sixty degree view of everything, what's coming up, you know,
- 1:06:24Speaker 11: other new technologies that maybe we might want to eventually incorporate,
- 1:06:28Speaker 11: and we are just looking at qualitative information to continually improve.
- 1:06:34Speaker 11: We have a goal that we want to be doing releases,
- 1:06:39Speaker 11: multiple releases a year, whatever that looks like, you know,
- 1:06:41Speaker 11: I don't know if that's quarterly or whatever that could be.
- 1:06:45Speaker 11: But part of those releases will be like bug fixes,
- 1:06:48Speaker 11: some of them will be enhancements, new features. So there's
- 1:06:53Speaker 11: definitely the push behind what we want to do and
- 1:06:57Speaker 11: meet the customer where they're at right now, and also
- 1:07:02Speaker 11: look to the future of what is available.
- 1:07:05Speaker 13: You know, could there be more AI, could there.
- 1:07:07Speaker 11: Be other features and functionality that we haven't even imagined,
- 1:07:11Speaker 11: or maybe it's just cutting edge that eventually we do
- 1:07:15Speaker 11: roll into here.
- 1:07:16Speaker 4: So I'm glad as an owner, I'm glad to hear that.
- 1:07:22Speaker 4: I'm excited.
- 1:07:23Speaker 18: The nice other thing is we have a dedicated team.
- 1:07:26Speaker 11: Yeah, we have a lot of people behind this, a
- 1:07:28Speaker 11: lot of really great, passionate, smart people who are excited
- 1:07:33Speaker 11: to work on this project.
- 1:07:35Speaker 12: And I really want to make the best I.
- 1:07:38Speaker 3: Would say as an owner and somebody uses the antists
- 1:07:41Speaker 3: every day when you guys wrote and this is just
- 1:07:44Speaker 3: an of me standing in your house booth over here
- 1:07:46Speaker 3: giving you some pointers.
- 1:07:48Speaker 4: Right when you.
- 1:07:48Speaker 3: Release a update, figure out a good way and you
- 1:07:53Speaker 3: may already have it, I don't know, to educate us
- 1:07:56Speaker 3: on what that update is, even if it's a bug. Right,
- 1:08:00Speaker 3: you know, it's easy for me to see what that
- 1:08:02Speaker 3: is and how to use it and so forth. Because
- 1:08:06Speaker 3: I've had a lot of programs that we're using Pharmacy
- 1:08:08Speaker 3: World that gets updates all the time, and it's it's
- 1:08:12Speaker 3: almost you don't even know, and then you're like, you
- 1:08:14Speaker 3: weren't using that service, didn't even know it existed.
- 1:08:17Speaker 4: So I'd make that a priority for sure.
- 1:08:19Speaker 12: Yeah.
- 1:08:19Speaker 16: One of the things that we're kind of trying to
- 1:08:21Speaker 16: leverage on the site as you know we make fixes
- 1:08:24Speaker 16: and also just to help as we're coming up with
- 1:08:26Speaker 16: solutions is using those help and support articles.
- 1:08:29Speaker 12: So that's a great place to go if you're ever
- 1:08:30Speaker 12: struggling with.
- 1:08:31Speaker 16: Something, just so you can kind of learn and you
- 1:08:33Speaker 16: can continuously make sure that you're up to date on
- 1:08:35Speaker 16: everything that is going on with Vantus in terms of what.
- 1:08:40Speaker 13: You need to do or what you need to know.
- 1:08:42Speaker 16: And then we're also using those alerts just to let
- 1:08:44Speaker 16: people know when we do fix a bug when there is,
- 1:08:47Speaker 16: you know, something that we're aware of.
- 1:08:48Speaker 12: Just so that we can make sure that people are
- 1:08:50Speaker 12: able to continue to use the platform.
- 1:08:53Speaker 18: We also have a page on vantas.
- 1:08:55Speaker 17: It's we kind of referred to it as the Welcome
- 1:08:57Speaker 17: Center as we're onboarding customers. It's still available. You can
- 1:09:01Speaker 17: find it in the footer and we linked to it
- 1:09:04Speaker 17: often from messages and alerts, and that's a place where
- 1:09:07Speaker 17: we will put tips and tricks and mention those bug
- 1:09:11Speaker 17: fixes or those new features and functionality right now. There's
- 1:09:15Speaker 17: some videos out there on how to use some of
- 1:09:16Speaker 17: the features that we know people aren't, you know, maximizing
- 1:09:20Speaker 17: right now, and that's a place we do. From there,
- 1:09:24Speaker 17: then link to our help and support library. But sometimes
- 1:09:28Speaker 17: you don't have to come through all those articles. You
- 1:09:30Speaker 17: just really want, you know, give me the highlights, right,
- 1:09:33Speaker 17: and so that's a great place to get those.
- 1:09:35Speaker 3: Yeah, when vantis wrote out and we went live at
- 1:09:39Speaker 3: all of our stores, you know that we trained on
- 1:09:43Speaker 3: that and if somebody comes in it's a new hire here,
- 1:09:46Speaker 3: go to the Welcome Center and you need to learn
- 1:09:48Speaker 3: how to order and return and search and do all
- 1:09:51Speaker 3: that stuff.
- 1:09:51Speaker 4: So we we have used that for sure. What now
- 1:09:55Speaker 4: that Vantis has rolled out.
- 1:09:56Speaker 3: You guys are getting feedback, You're getting a plan together
- 1:09:59Speaker 3: on how to fix thing and do stuff. What's some
- 1:10:01Speaker 3: of the new things even though it's so new that
- 1:10:04Speaker 3: it rolled out. What's some new things that you want
- 1:10:06Speaker 3: to add or that's coming down the pipe.
- 1:10:09Speaker 17: Yeah, So we have a lot of exciting things in
- 1:10:11Speaker 17: the works. We have updates what we call enhancements coming,
- 1:10:17Speaker 17: some that have been planned. You know, we we knew
- 1:10:20Speaker 17: we couldn't give everyone everything all at once.
- 1:10:23Speaker 4: You can't roll it all out one time, right, So.
- 1:10:25Speaker 17: We've had some things planned that will be released as
- 1:10:30Speaker 17: as planned. But then we are kind of pivoting and
- 1:10:34Speaker 17: adjusting and rolling out, planning to roll out enhancements based
- 1:10:39Speaker 17: on the feedback.
- 1:10:40Speaker 4: That we're hearing.
- 1:10:41Speaker 18: So I can't speak to specifics, but come on, man.
- 1:10:47Speaker 17: What I can tell you is that, like Melissa said,
- 1:10:51Speaker 17: we have a great team of really really smart, dedicated,
- 1:10:55Speaker 17: passionate people who who work together to put plans together
- 1:11:00Speaker 17: for these things. And we do so much work, discovery
- 1:11:04Speaker 17: work is what we call it. Into the scope of
- 1:11:07Speaker 17: something and the impact it's going to have on customers,
- 1:11:10Speaker 17: and make sure.
- 1:11:11Speaker 18: That we really understand what we're what we're aiming for.
- 1:11:16Speaker 17: And then we go into a building phase and a
- 1:11:18Speaker 17: testing phase because we don't want to put something out
- 1:11:20Speaker 17: there until we know it works as expected. And so
- 1:11:25Speaker 17: there's a lot happening behind the scenes, a lot to
- 1:11:27Speaker 17: come that we're really excited about.
- 1:11:29Speaker 4: I'm excited. I'm excited.
- 1:11:31Speaker 3: So one of the neat things when I do podcasts
- 1:11:34Speaker 3: I think I dated with you last year too, is
- 1:11:37Speaker 3: you guys get to ask me questions as a pharmacy owner.
- 1:11:40Speaker 3: Somebody's using bantists, what is it that you wish you
- 1:11:43Speaker 3: knew or would like to know more about to pick
- 1:11:46Speaker 3: my brain And I know I'm putting you on the
- 1:11:47Speaker 3: spot to ask questions.
- 1:11:49Speaker 13: What feature would you like that you don't have right now?
- 1:11:53Speaker 3: I don't know that there's a feature that I don't
- 1:11:55Speaker 3: like that I don't have. I think my biggest thing
- 1:12:01Speaker 3: with vantis right now is it's seeing it. The search
- 1:12:05Speaker 3: is simple, it works, so that's good. The return on
- 1:12:10Speaker 3: this search is a little clunky. I think we can
- 1:12:12Speaker 3: clean up that that view, Like you was saying, the
- 1:12:15Speaker 3: scrolling and I've taught to my team how to go
- 1:12:17Speaker 3: in and customize the view on like what it is.
- 1:12:19Speaker 3: But there's there's so many You look at one drug
- 1:12:22Speaker 3: and there's so many bits of information, you know, what
- 1:12:25Speaker 3: do you want to see?
- 1:12:26Speaker 4: Do you want to see a picture? Do you not
- 1:12:27Speaker 4: want to see a picture?
- 1:12:28Speaker 5: You know?
- 1:12:28Speaker 3: And so trying to for us to navigate what we
- 1:12:32Speaker 3: like when our view comes up is something that we're
- 1:12:34Speaker 3: working on. Returns aren't terrible with the with the QR
- 1:12:39Speaker 3: codes and stuff. If it finds it, it's great. If
- 1:12:42Speaker 3: it doesn't find it, that's hard, but you but that's
- 1:12:46Speaker 3: something we're working on. I don't really know of a feature.
- 1:12:48Speaker 3: What's a feature that somebody has told you guys that
- 1:12:50Speaker 3: they wish that they had, you know, not to put
- 1:12:54Speaker 3: you on the spot.
- 1:12:55Speaker 11: So we're receiving, so receiving with something that was not
- 1:13:00Speaker 11: because we had so many things made the cut yet,
- 1:13:02Speaker 11: but it is in the pipeline and we're working on it.
- 1:13:05Speaker 11: And one of the things that they talked about was
- 1:13:08Speaker 11: related to the dscsay and the receiving and how to
- 1:13:11Speaker 11: kind of have some connection there as far as as receiving, and.
- 1:13:14Speaker 3: That's a whole another that DSSA, Like, I'll be honest,
- 1:13:18Speaker 3: I've kind of just put it out of my like
- 1:13:22Speaker 3: I've got other things to think about it.
- 1:13:24Speaker 4: I'll just wait on it. And I shouldn't be that way,
- 1:13:26Speaker 4: but I'm being real. That's how it is.
- 1:13:28Speaker 16: That was actually my question was how are you feeling
- 1:13:31Speaker 16: with the DC the changes that the d SSA is bringing.
- 1:13:34Speaker 3: You know, when they had that first initial it's going
- 1:13:36Speaker 3: into effect, and before they put it off, like I
- 1:13:39Speaker 3: was ready, let's do this, We're going to get a
- 1:13:41Speaker 3: company cardinals ready that you know, I was going to
- 1:13:43Speaker 3: do it, and then they put it off and then
- 1:13:45Speaker 3: I've had it personally for me other things, I've kind
- 1:13:48Speaker 3: of put it on the back burner. And I know
- 1:13:51Speaker 3: there's some other pharmacists out there that are ready and
- 1:13:53Speaker 3: they're wanting to do it. I'm kind of letting you
- 1:13:55Speaker 3: all lead that charge, right. You know, I'm leaning on
- 1:13:59Speaker 3: my team of people that I pay money to to
- 1:14:03Speaker 3: help me out do stuff.
- 1:14:04Speaker 2: Right.
- 1:14:05Speaker 3: So now I wish I knew I need to know
- 1:14:08Speaker 3: more about it in all transparency, But so maybe that's
- 1:14:12Speaker 3: something a training video on what it even is to
- 1:14:14Speaker 3: help people. There's a lot of pharmacies that don't even
- 1:14:16Speaker 3: have clue what it is and how it's going.
- 1:14:19Speaker 4: To impact them.
- 1:14:21Speaker 3: And of course the big pieces for me was returns
- 1:14:24Speaker 3: and you know, because we're not always buying everything from Cardinal,
- 1:14:27Speaker 3: which I know Cardinal wants us to, but they're realistic.
- 1:14:30Speaker 3: All my reps are, hey, we know you've got to
- 1:14:32Speaker 3: buy stuff from secondaries and so forth, So that's going
- 1:14:35Speaker 3: to have a piece to do with it.
- 1:14:37Speaker 4: All. Right, one more question, So if you watched.
- 1:14:41Speaker 17: The customer panel this morning, the gentleman spoke about kind
- 1:14:47Speaker 17: of leveling up his pharmacy texts and that's something that
- 1:14:51Speaker 17: we really hope that Vantas can help with. Yeah, because
- 1:14:54Speaker 17: we're giving so much information kind of when and where
- 1:14:57Speaker 17: it's needed to make decisions and be able to come
- 1:15:00Speaker 17: hair products and know, you know, what.
- 1:15:02Speaker 12: The right choice is.
- 1:15:03Speaker 4: So I am.
- 1:15:04Speaker 18: I guess my question for you is have you seen that?
- 1:15:07Speaker 17: Do you feel like it's it's kind of helping people
- 1:15:11Speaker 17: will make better decisions or maybe maybe make faster decisions.
- 1:15:14Speaker 4: Did you do your research on who I am before
- 1:15:16Speaker 4: you came in here?
- 1:15:18Speaker 13: You didn't?
- 1:15:19Speaker 3: Oh my gosh, come on, My jam is workflow and
- 1:15:23Speaker 3: team efficiency and so my team not toot my own
- 1:15:28Speaker 3: horn here, they do it. I don't even have to
- 1:15:31Speaker 3: be there like so my team And now also that's
- 1:15:34Speaker 3: why one of the reasons I did this podcast is
- 1:15:36Speaker 3: I like to help stores with workflow and efficiency and
- 1:15:39Speaker 3: getting their team up to where the owner can work.
- 1:15:42Speaker 4: On the business instead of in the pharmacy. Right. And
- 1:15:47Speaker 4: I wasn't trying to be facetious while to go, I
- 1:15:48Speaker 4: was just playing with you. But yes, that is super important.
- 1:15:52Speaker 3: The more your team can do and take things off
- 1:15:55Speaker 3: your plate, the more I can as a pharmacist or
- 1:15:58Speaker 3: an owner to hire quality things correct. So I have
- 1:16:02Speaker 3: been in numerous pharmacies where the pharmacist slash owner is
- 1:16:07Speaker 3: the one who does the ordering and checks the order
- 1:16:09Speaker 3: and because he doesn't or she doesn't want to delegate, right,
- 1:16:13Speaker 3: And so I I if anybody's listening to this now,
- 1:16:16Speaker 3: one vantis is easy. Yes, there's some things that are
- 1:16:19Speaker 3: going to get tweaked, and that's what we talked about,
- 1:16:21Speaker 3: and you guys are on top of that, which I'm
- 1:16:23Speaker 3: super excited about. But it's easy, and it's easy to
- 1:16:28Speaker 3: hand off and to trust your team because it's got tracking,
- 1:16:30Speaker 3: it's got reports, it's got all these things right, So
- 1:16:34Speaker 3: that is extremely important. It's a fantastic place to start
- 1:16:37Speaker 3: a technician that you're like, you know, all right, you're
- 1:16:40Speaker 3: over ordering, now, you're over returns, you're order, you're over
- 1:16:43Speaker 3: whatever it is. And this system I think you've order
- 1:16:48Speaker 3: express is okay. Vantus is way better for making that
- 1:16:52Speaker 3: easier for those technicians, for sure. So may y'all smile. Okay,
- 1:17:00Speaker 3: So I'm excited vantas HQ's officially rolled out.
- 1:17:04Speaker 4: What a month or so ago when you fit, when
- 1:17:05Speaker 4: you went full.
- 1:17:06Speaker 3: With everybody that is on board last year, we thought
- 1:17:10Speaker 3: it was going to be a little sooner, but it's okay.
- 1:17:13Speaker 3: But now it's out, it's working. It's fantastic. If you
- 1:17:16Speaker 3: have questions, go to the Vantus booth, ask your rep
- 1:17:20Speaker 3: that you can get online and call anything you can make,
- 1:17:24Speaker 3: you can send in the request online. You know they
- 1:17:27Speaker 3: need your feedback because they're constantly tweaking in this team.
- 1:17:30Speaker 3: It's one thing I can say about Cardinal Health as
- 1:17:32Speaker 3: long as I've been with Cardinal Health and starting to
- 1:17:35Speaker 3: learn each team, like all of your alls, teams are
- 1:17:38Speaker 3: pretty tight, like you all you know, really focus in
- 1:17:42Speaker 3: on what you're doing. And I'm not just saying that
- 1:17:44Speaker 3: because they're they're having me here to do that. Like
- 1:17:47Speaker 3: you know, all my Cardinal people have always been fantastic.
- 1:17:49Speaker 3: That's why I'm hanging out with them. So Vantas HQ.
- 1:17:52Speaker 3: Anything else, Ladies, did you.
- 1:17:53Speaker 4: Want to throw in there?
- 1:17:55Speaker 12: No, just thank you for having us.
- 1:17:57Speaker 4: See it wasn't hard, was it. Podcasting is easy, right, anybody.
- 1:18:02Speaker 11: You know part of this and I really just want
- 1:18:04Speaker 11: to help the customer Wong, so.
- 1:18:05Speaker 3: Yeah, and it's going to do it. So guys, I'm
- 1:18:07Speaker 3: signing off. Ladies, thank you all so much. If you
- 1:18:10Speaker 3: have any questions about Fantasy HQ, just jump online or
- 1:18:12Speaker 3: ask your rep.
- 1:18:14Speaker 4: Have a good one.
- 1:18:14Speaker 8: Thank you, thank you,