A pharmacy claims switch is a telecommunications link that facilitates the electronic transmission of prescription claims from pharmacies to insurance payers, pharmacy benefit managers (PBMs), and other third-party payers. It acts as an intermediary to ensure that claims can be adjudicated.
PowerLine is built using the industry’s most advanced technology, an important safeguard against downtime and security risks. Its design allows for service recreation in minutes, if needed, and PowerLine will scale to any transaction volume automatically. The modern connectivity framework means partners can be activated rapidly. And importantly, PowerLine is not affiliated with PBMs or distributors; its customer support is second to none.
Pharmacy services providers may consider changing switch providers because of security concerns, to leverage newer technology, access better uptime rates, enhance their support services, or benefit from more advanced reporting and analytics. They may also want the strategic advantage of an additional, secondary switch to ensure business continuity.
When selecting a claims switch provider, consider factors such as:
Speed and Efficiency
Reliability and Uptime
Compliance and Security
Integration Capabilities
Responsive Support
Customization and Flexibility
Reputation and Track Record
Innovation and Technology