The billions of prescriptions filled each year in the United States challenge payers' and providers' abilities to conduct effective billing reviews and audits. This is no small concern, as improper billing practices unnecessarily drain the entire healthcare system of hard-earned financial resources.
Electronic billing and auditing systems represent a vast improvement over paper-based practices, especially when they draw on a drug database that flexibly brings together reliable clinical and drug-pricing information. First DataBank's
National Drug Data File Plus (NDDF Plus) is the most comprehensive and widely used drug data base in the healthcare industry. Our use in payer and provider systems throughout the country is a clear indication of the trust we've earned in our 30 years as a pioneering industry leader.
Supporting Accurate Financial Reporting
Due to the enormous volume associated with drug billing transactions, it's essential that payers and providers audit these transactions for fraud and mistakes. Because our drug databases are so widely used—and because they offer comprehensive, up-to-date drug content integrated with clinical decision-support modules—First DataBank enables more efficient tracing and auditing of these transactions.
In particular, our
Multiple Access Points or
MAPs are a complete drug vocabulary that employs recognized best practices to advance stability and minimize change management. The variety and flexibility of drug descriptors enable users to zero in on the information they're seeking quickly and accurately. Built-in relationships between vocabulary items facilitate improved tracking and communication.
Cost-Effective Drug Therapy Management
First DataBank products also facilitate drug therapy management. They enhance formulary management, and automate screening processes that detect duplicate therapies, drug interactions, and dosing miscalculations. User-friendly access to multiple logical therapeutic classification systems, the breadth and depth of our drug vocabulary and detailed sets of data elements for supporting informed decisions allow you to quickly research current pricing, easily search for the lowest-cost drug within a given therapeutic class, and compare brand name and generic drugs. First DataBank sets the standard for providing user-centric drug information for hospitals and IDNs.