PharmaPricer

Transparent Pharma Pricing Data at Your Fingertips

The cost of some drugs jumped as much as 3,600% in recent years and more frequent drug shortages create volatile pricing trends. BroadJump’s PharmaPricer solution enables you to compare pricing in real-time to that of hundreds of peer facilities for the same drugs you buy, helping you significantly reduce the cycle time to renegotiate pricing agreements.

This insight allows organizations to identify savings opportunities without having to adjust formulary.

Core Functionality

Organizes values by:

  • PRICING
  • MARKET SHARE
  • SPEND VOLUME

Provides the flexibility to manage spend by account type:

  • GROUP PURCHASING ORGANIZATION (GPO)
  • US 340B FEDERAL DISCOUNT DRUG PROGRAM
  • WHOLESALE ACQUISITION COST (WAC)
  • RETAIL
Use PharmaPricer to:
  • Achieve significantly reduced cycle time for pricing negotiations
  • Monitor volatile pricing during drug shortages
  • Analyze and compare proposed and current pricing to ensure a fair price prior to signing a contract
  • Gain insight into pharmaceutical spend and access to reports that track savings and measure performance

PharmaPricer puts quick, actionable pharmaceutical savings opportunities at your fingertips. As a result, you can achieve significant savings, in many cases without having to adjust your formulary.

Client Management

As a company invested in your success, our Client Management team provides coaching and support for your initiatives. The team works collaboratively with you to help you learn the platform, integrate the analyses into your workflows and strategically pursue savings opportunities in a systematic way.

Our Client Management team acts as your trusted advisor, serving as an extension of your team.

Every member of the team has extensive supply chain, clinical, value analysis or group purchasing organization experience.

These seasoned professionals:

Work collaboratively with you to identify savings opportunities across the range of your non-labor expense

Help you develop a reporting system to measure the key drivers of your expense over time, as well as the results of your savings execution strategy

Provide market insights and assist with preparation for supplier negotiations

Relevant Insights & Resources

Here are some resources to provide you with additional insights about healthcare cost management and analytics.