Satori Solutions Inc Releases Profitability Module of Pharmacy Reimbursement Management Software, Po
Satori Solutions Inc released a second module as part of Pharmacy Reimbursement Management tool (PReM), in a collaborative effort with Amruta, Inc., an Explainable AI and Data Science IT platform and services company. The new module is called PharmacyProfitability. It complements the first module, ChargeReviewer, released on April 22, 2020. PharmacyProfitability identifies pharmacy profits and losses by focusing on actual reimbursement compared to the purchase cost. The data provides an analysis of profits and losses, based on ingredient cost, by specific NDC codes as well as actual profits and losses by payer. Pharmacies can also trend profits and losses by NDC code. The reporting allows p
Satori Solutions Inc Develops a Software Application for Charge and Compliance Review at Pharmacies,
Pharmacies continue to struggle under the weight of drug prices and an inequitable reimbursement scale. To ease the burden on the pharmacies, Satori Solutions Inc developed the Pharmacy Reimbursement Management tool (PReM), in a collaborative effort with Amruta, Inc., an Explainable AI and Data Science IT platform and services company. PReM has a browser interface and can be hosted via the cloud or loaded on a local machine, and it has multiple modules (software applications). The first application, ChargeReviewer, is just released! ChargeReviewer allows pharmacies to track payments for specific drugs which are paid based on “the lower of charges” or some other payment rate such as MAC or A
Amruta Inc’s CEO Dr. Beju Rao was invited to deliver a guest lecture to students of Applications Domain class in the Master of Science in Business Analytics (MSBA) program at UC Davis Graduate School of Management. Dr. Rao described how Explainable AI technology is essential for every business or governmental organization that aspires to be data-driven in its decision making and hyper-competitive in its marketplaces. He told the students that modern business executives should master the management of Explainable AI and its emerging cousin Interpretable AI. He spoke about Amruta Inc’s Explainable AI platform elaborating on insurance claims fraud detection and IT infrastructure proactive mo
