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HERAE and ChainDrugStore.net Ink Deal to Provide Electronic Payment Processing to 52,000 Pharmacies Nationwide.

Publication: Biotech Week
Publication Date: 28-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HERAE (www.herae.com), one of the nation's largest healthcare payment services providers, and ChainDrugStore.net, the leading communications and information aggregating service for the retail pharmacy industry, announced an agreement to provide electronic remittance advice (ERA) and electronic funds transfer (EFT) processing to all pharmacies and pharmaceutical manufacturers using the ChainDrugStore.net suite of services (see also HERAE, LLC).

ChainDrugStore.net serves more than 38,000 national and 14,000 regional pharmacies, as well as 370 manufacturers and brokers. As the link between pharmacies, manufacturers and managed...

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