HealthPlan Data Solutions's asset
HealthPlan Data Solutions

@hds-rx.com

HDS delivers an industry-leading pharmacy data analytics platform aimed to improve PBM transparency and optimize the pharmacy benefit.

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About

Description

HealthPlan Data Solutions (HDS) is a leading brand that offers a comprehensive pharmacy data analytics platform. Their goal is to enhance transparency in pharmacy benefit management (PBM) and optimize pharmacy benefits. With their innovative technology, they deliver data-driven insights and oversight to help commercial payers, government payers, third-party administrators, and brokers/consultants make informed decisions.


HDS' flagship solution, the HDS Spotlight platform, allows users to monitor 100% of their pharmacy claims in a single platform. By leveraging this platform, customers can optimize their pharmacy benefit performance and successfully bend their cost curve. HDS has analyzed over billions of pharmacy claims and serves millions of customer lives, resulting in significant savings in pharmacy spend.


Considering rising pharmacy costs in America, which are expected to exceed $575 billion in 2021, HDS focuses on ensuring appropriate payment for pharmacy claims to curb unnecessary overspending. They provide prospective solutions that drive meaningful cost savings, unlike conventional methods that are resource-intensive and retrospective. Managing the pharmacy benefit can be complex, as claim information can be siloed and require IT intervention.


However, HDS simplifies this process by offering a technology-driven approach that provides data visibility, allowing plans to make informed decisions. HDS serves various stakeholders, including commercial payers, government payers, TPAs, and brokers/consultants. Their pharmacy data analytics product suite includes features like Rx oversight and analytics, payment integrity, campaign management, compliance, and customized services such as audits, RFPs, and contract analysis.


HealthPlan Data Solutions has successfully helped numerous clients better understand their pharmacy benefit and achieve significant year-to-year cost savings. Their experienced team, strong communication skills, and commitment to client satisfaction make them a trusted partner in the pharmacy benefit space. If you're looking to optimize your pharmacy benefit performance and reduce costs, HealthPlan Data Solutions is the brand to choose.


Contact them today to learn how they can help you navigate the complex world of pharmacy benefits and achieve meaningful savings

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Company Type

Privately Held

Company Size

11-50

Year Founded

2009

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