Generic Manufacturer to Realize Benefits from Full Range of Services for Government Pricing and Medicaid
Raritan, NJ – January 8, 2013 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Heritage Pharmaceuticals Inc. has selected iContracts to provide business process outsourcing services to help insure compliance with Government Pricing programs including Medicaid and associated calculations and reporting.
Jeffrey Glazer, Heritage’s President & CEO, commented, “We are pleased to select iContracts comprehensive platform and accompanying services to manage Heritage’s Government Pricing and Medicaid processes. iContracts deep customer base, track record of success, high degree of automation, and ability to actually manage the process with highly experienced personnel, made them the clear choice for Heritage. We look forward to working with iContracts’ experienced team of professionals on this important initiative.”
Leigh Powell, Chief Executive Offer of iContracts stated, “As iContracts reputation for success and ability to deliver has grown, so too has the need for a menu of expanded services for our current and prospective customers. By partnering with iContracts for the outsourcing of these critical services, Heritage and other pharmaceutical manufacturers benefit in several ways. First and foremost, all processes are supported by best in class software solutions backed by the iContracts’ Better Contracting Solutions platform. Second, by relying on iContracts to actually perform government pricing calculations and process Medicaid invoices, the need to identify, train, and retain staff with specialized skills is reduced or eliminated. And finally, at any time should the customer determine an in-house model makes sense, the product and processes are already in place and implemented, only the staffing changes. This arrangement is unique to the industry and provides maximum flexibility for manufacturers of all sizes.”
iContracts solutions are available as on “on demand” service or as a behind-the-firewall offering and are built on iContracts’ revolutionary BCS platform featuring an advanced data architecture, rich functionality and Simplified Common User Interface (SCUI) enabling users to executive any process after learning just two basic screen formats. This groundbreaking design drastically reduces implementation; training and future upgrade timeframes and costs.
About iContracts
iContracts’ goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Our software is far ahead of other solutions. Powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and is backed by highly evolved data architecture – built by technologists with considerable and unique experience in building contract management solutions for the Life Sciences industry. This deep understanding and straightforward approach shows in everything we do. Our solutions are enterprise-class and can be easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers. For more information, please visit the company’s website at www.icontracts.com
About Heritage Pharmaceuticals Inc.
Heritage Pharmaceuticals Inc. is a specialty pharmaceutical company engaged in the development, manufacturing, sales and marketing of generic and legacy branded pharmaceutical products for the U.S. prescription drug market. Since inception, our customers have experienced the benefits of our continuous product expansion and global alliance network that has produced an impressive portfolio of over 150 products spanning multiple dosage forms. Heritage’s products cover a number of therapeutic categories, including but not limited to: oncology, cardiovascular, metabolic disease, anti-infective and pain management. Whether its oral solids or complex injectables, the Heritage portfolio is poised to continue to rapidly expand and deliver the Value Driven Medicine required to keep our customers competitive in the marketplace. Let our formula of high quality and consistent supply work for you as we continue to provide affordable healthcare solutions to the U.S. consumer. www.heritagepharma.com