RedSail Copay and Affordability Solutions
Prescription affordability pressure is rising, driving patient frustration and abandonment and threatening pharmacies’ pricing control and financial sustainability. To help combat these challenges, RxAdvantage provides automated support for affordability right inside pharmacy workflow. It automatically matches patients with copay assistance or cash discounts at the moment it matters.
Why RxAdvantage Affordability Solutions?
Hear CEO Andy Maurer explain the two reasons why RedSail built automatic affordability solutions into pharmacy workflow.
RedSail Patient Affordability - YouTube
Types of Affordability Solutions
New!
Automated Cash
Vouchers](/content/copay-assistance#automated-cash-vouchers/index.html)
Automated
Vouchers](/content/copay-assistance#automated-vouchers/index.html)
Automated
Conversions](/content/copay-assistance#automated-conversions/index.html)
New! Automated Cash Vouchers
Issues point-of-sale savings for cash-pay patients filling eligible prescriptions (typically brand-name medications)
Automated Vouchers
Applies manufacturer discounts/coupons at the time of claim adjudication on a brand's patient copay
Automated Conversions
Provides real-time copay assistance by the drug sponsor if a commercial payer blocks or limits coverage on a patient’s prescription claim
How Do Affordability Solutions Work?
RxAdvantage copay and cash savings solutions provide automatic financial assistance to patients on eligible prescriptions. The results are simple: patients save money and increase adherence, and your pharmacy experiences prescription lift.
The process is automatic and behind the scenes:
- Evaluates prescriptions for eligibility
- Applies assistance instantly at the point of sale
- Remits the full voucher amount directly back to the pharmacy
- Provides transparent metrics via intuitive dashboards
How Affordability Solutions Help Pharmacies
Enhanced Patient Retention
Provide affordable medications to help keep patients at your pharmacy instead of losing them to competitors.
Revenue Protection
Protect margins with discounts that are never deducted from sales. Receive remittance via ACH payments, plus 835s to reconciliation vendors.
Competitive Advantage
Offer patients meaningful savings without sacrificing your pricing authority or taking on hidden financial risk.
Effortless Participation
Participate seamlessly through your pharmacy management system, receiving instant transaction responses about copay or cash price reductions.