Case Study: a leading drugstore chain reduces compliance risk and speeds prescription verification with LexisNexis VerifyRx

Leading drugstore chain chooses LexisNexis®

A leading drugstore chain faced significant challenges in validating prescriptions, a process made complex by evolving regulations, payer discrepancies, and intricate drug diversion schemes. This operational risk exposed the pharmacy to potential fines and reimbursement issues. To address this, the chain partnered with LexisNexis Risk Solutions and implemented its VerifyRx service to enable real-time prescriber verification before dispensing drugs.

The solution from LexisNexis Risk Solutions processed millions of transactions daily, identifying potential submission errors in milliseconds. The measurable results were substantial, with the system preventing nearly 11.7 million irregularities in a single year across categories like DEA and state license issues. This drastically reduced compliance risk, increased reimbursement rates, and allowed pharmacists to focus more on patient care.