In today's competitive healthcare environment, easy, quick and affordable access to drug price information is critical. Frequent price fluctuations—coupled with the large number of drugs and manufacturers—makes following drug price activity time-consuming and costly.
First DataBank has developed a simple and affordable solution—PricePoint Rx. This easy-to-use software provides your healthcare organization with current drug prices, monthly updates, price histories, product attributes and pharmaceutically equivalent products.
Easily Look Up Current and Historical Pricing
A standalone software application, PricePoint Rx delivers authoritative drug price information in seconds. Its intuitive design allows you to look up current and historical pricing, and easily review manufacturers' products and prices. Monthly updates are included as part of a PricePoint Rx annual subscription, ensuring that the price information is always current.
Comprehensive Pricing Coverage
PricePoint Rx's comprehensive database contains complete pricing information on more than 100,000 products and 1,200 labelers. Beyond its extensive drug list, PricePoint Rx offers pricing information on other products such as syringes, OTCs, and test strips. The data is derived from First DataBank's highly respected and widely used National Drug Data File Plus.
Operating in a Windows® environment, PricePoint Rx is so easy to learn and intuitive to understand that we're confident you'll move effortlessly from your book- and-paper-based pricing sources to this electronic source.
Quick Pricing Look-up
PricePoint Rx lets you:
- Quickly find and compare drug prices
- Access price history
- View product attributes
- Review equivalent products Two pre-formatted reports are included, making for simplified reporting and analyses.
Summary of Capabilities
One-Step Search. PricePoint Rx uses a straightforward, one-step search function that allows you to look for drugs by product name, National Drug Code (NDC), Universal Product Code (UPC), or Health Related Item (HRI) and labeler.
Current Drug Prices. With access to more than 1,200 labelers, PricePoint Rx allows you to retrieve detailed price information several ways, including:
- Average Wholesale Price
- Direct Price
- Net Wholesale Price
- Federal Financial Participation Upper Limit
- Baseline Price (comparative price for equivalent drugs)
Easy-to Print Reports. Two pre-formatted, printer-friendly report—Price History and Equivalent Products—are included.
Detailed Drug Attributes. A detailed list of 17 attributes is available for each drug, including the NDC, HRI or UPC number, Generic Price Indicator, Private Labeled Product Indicator, Multi-Source Code and Orange Book Code.
Complete Support
PricePoint Rx is an intuitive software application that works the way you do. Its annual subscription (or license) includes:
- Easily applied monthly updates (data updates also available via FTP)
- User-friendly instructions
- An extensive glossary
- Help assistance to answer your questions