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Partners

Strong Channel Partnerships

The Company professionals have built reputations for quality, expertise, and superior performance and they are recognized as national leaders for revenue cycle and data recovery services. Veridikal has strategically partnered with leading clearinghouses, pharmacy payer network companies (“Switch” company), and patient accounting systems vendors, pharmacy information management companies, and market leaders to leverage our new technology into specific market sectors. Below is a detailed description of these partnerships: The following is not a complete list but a few highlighted relationships.

QS/1

QS/1 is a division of the J M Smith Corporation (1944); the fourth largest privately held company in South Carolina. QS/1 provides products, services, and support to a variety of healthcare providers with a primary focus on providing pharmacy management software for community pharmacies, chain pharmacies, long-­‐term care pharmacies, and home medical equipment providers. Veridikal has a strategic business-­‐to-­‐business (B2B) relationship with QS/1 for use of our Veridikal Intelligence™ Pharmacy Program including Pre/Post Editing, EDI support, 835 processing, Forensic Auditing, and Reconciliation. Veridikal is working on creating an integrated platform for the QS/1 clients; on the interim we route transactions through a RelayHealth platform.


Quorum

Quorum Purchasing Advantage, an affiliate of Quorum Health Resources.


Relay Health

RelayHealth provides network services that add value and efficiency to pharmacy businesses. Veridikal utilizes the RelayHealth (Formerly Per-­‐Se’ and NDC Health) Pharmacy Payer network platform [Switch] and Medical EDI Payer connections through their three clearinghouses. RelayHealth is the largest EDI serving provider in the U.S. Veridikal uses an asynchronous XML web-­‐based interface to both the medical clearinghouses and a direct VPN connection to the pharmacy payer network. Veridikal has a direct connection for all pharmacy information systems (PIS) that send their transactions through RelayHealth. These PIS vendors are eligible for revenue sharing and marketing affiliate commissions through the Veridikal/RelayHealth Enterprise incentive program.

Veridikal's Visual Intelligence™ Pharmacy Program, an advanced Pre/Post Editing Analytics and Auditing Services have been built to work with the RelayHealth PIS relationships and network. Veridikal re-­directs (routes) all transactions through our unique BIN and all client claims (transactions) run against our unique proprietary rule based system and analytics. The client receives real-­‐time feedback on their claims and advanced reporting options for trending and tracking their return on investment. This program is being marketed by Veridikal's Marketing Affiliates and directly through RelayHealth’s distribution channels. We are working with several core PIS vendors that exclusively work through RelayHealth including but not limited to: SoftWriters/FrameworkLTC; Prodigy; RNA, Rx-­30, Enterprise; TexRx, DAA Enterprises, and many other pharmacy information systems that use the RelayHealth network.


Smith Drug Company

Smith Drug Company is a division of J M Smith Corporation and the oldest of all of the divisions within the JM Smith family. Smith Drug Company has been servicing independent pharmacies since 1944. Our footprint of customers has grown from initially covering the Carolinas to currently distributing in 27 states throughout the southeast into the Midwest. While independent pharmacy is the bread and butter of the company, with the aging of America and changes within the industry, we have added a strong focus on the Long Term Care sector. Smith Drug Company continues to diversify the business to meet the needs of all customers. The company is committed to supplying products, programs and services to our customers that will help strengthen their presence in today’s market.


SureScripts

Veridikal has a collaborative relationship with SureScripts for our ePribe and RxHistory medication adherence program. Utilizing the proprietary Veridikal Formulary Management, Payer Sheet Preferences, and clinical therapeutic warning systems. This next generation solution will be critical to transitional care for our health systems and pharmacy clients.


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