Rebate Administration System

Maximize rebates by using your formulary and your own contracts

As an Argus customer, you can maximize rebates using your own formulary and holding your own rebate contracts. This allows the dollars to flow directly back to your system, an improvement over the usual PBM approach that requires adherence to a national formulary in order to take advantage of rebates.

Our rebate administration system takes the complexity out of the process

Increase operational effectiveness with our transparency reporting that goes down to the claim level. You will be able to see the actual amount and invoice the manufacturer for rebates. This allows you to perform any necessary back-end reporting, including true net cost.

Web-based for easy access and entry of contract information
Simple to use application for entry and maintenance of your contracts with the ability to support complex calculations and reporting

Argus' rapid invoice turnaround offers a positive outcome on both cash flow and the bottom line.

Our sophisticated workflow application allows you to review and approve invoices before they are electronically sent to the manufacturer
- On a quarterly basis, Argus will process contracts which use the terms of the contract and claim utilization to determine invoice amount.
- The system generates an invoice, market share reports, and NCPDP standard utilization file that are sent to the manufacturer.
Invoicing is completed less than 30 days after a quarter's close