Thirdwave is revolutionizing rebate administration for providers across the healthcare industry.
Speciality Providers
LTC Facilities
Infusion Centers
LTC Pharmacies
Hospitals
Oncology Centers
Traditional administration processes are complex and overlook billions of dollars in manufacturer rebates each year. With Thirdwave’s tech and pharmacy expertise, we identify and capture every eligible rebate—even the hardest to find—and uncover opportunities to optimize future rebates.
Only Thirdwave’s proprietary technology can efficiently and accurately access, analyze, and convert data from multiple sources to identify opportunities to lower drug costs for providers.
With Thirdwave’s industry-leading technology, you will have actionable information at your fingertips thanks to transparent, real-time reporting that identifies submitted and collected rebates at the drug level.
Our capabilities deliver you predictable, sustainable rebate revenue.
Initial savings on total drug spend
Future incremental savings
Thirdwave’s technology and experts ensure every eligible rebate is identified and ineligible claims are eliminated before submission.
Through proven aggregator relationships, our partners gain market-leading access to multiple rebate contracts that maximize guaranteed savings.
With Thirdwave, pharmacy cost management goes from complicated to automated. Here’s how we’re saving healthcare providers millions.
Our proprietary technology reviews administration data, identifying every eligible rebate and submitting claims through powerful automation. Clients get paid monthly with no upfront costs.
Thirdwave’s pharmacy experts conduct ongoing therapeutic class reviews to identify and recommend opportunities that maximize rebate yields while supporting providers’ clinical decision-making processes.
Through a robust adjudication process, Thirdwave captures rebates for a wide range of drugs to create a new revenue stream without conflicting with GPO or 340B agreements.
Knowledge is power. With our intuitive dashboards and reports, you have access to the information needed to manage your drug costs better and save money.
Behind the automation that powers Thirdwave’s solutions is a leadership team with proven expertise in healthcare and pharmacy operations that has created sophisticated financial and functional solutions for some of the nation’s largest and most influential healthcare organizations.
Through our established relationships with aggregators, we are able to offer unparalleled access to rebate opportunities that allow our customers to achieve their lowest net drug cost. Our primary focus is enabling the greatest possible savings so you can build a healthcare system for the future.
Behind the automation that powers Thirdwave’s solutions is a leadership team with proven expertise in healthcare and pharmacy operations that has created sophisticated financial and functional solutions for some of the nation’s largest and most influential healthcare organizations. Through our established relationships with aggregators, we are able to offer unparalleled access to rebate opportunities that allow our customers to achieve their lowest net drug cost. Our primary focus is enabling the greatest possible savings so you can build a healthcare system for the future.
Thirdwave will provide a claims submission format & instructions
Clients provide the minimum information required to analyze rebate opportunities
We conduct an in-depth compatibility review based on the data provided
Claims eligibility is assessed using our proprietary technology and custom databases
We provide detailed, analytics-driven reports of incremental revenue opportunities based on drug utilization submitted
Thirdwave will provide a claims submission format & instructions
Clients provide the minimum information required to analyze rebate opportunities
We provide detailed, analytics-driven reports of incremental revenue opportunities based on drug utilization submitted
Claims eligibility is assessed using our proprietary technology and custom databases
We conduct an in-depth compatibility review based on the data provided
Since 2016, our team of healthcare, pharmacy, and financial professionals has been solving critical challenges in the healthcare ecosystem. Thirdwave RX represents the evolution of a number of tech-centric, expertise-driven business models aimed at improving care outcomes, operational efficiencies, and technological advances. Thirdwave’s proprietary technology and experts work together to offer the most innovative rebate product and service on the market.
Actemra Intravenous Utilization Management Medical Policy
Cimzia Utilization Management Medical Policy
Entyvio Intravenous Utilization Management Medical Policy
Ilumya Utilization Management Medical Policy
Orencia Intravenous Utilization Management Medical Policy
Simponi Aria Utilization Management Medical Policy
Skyrizi Intravenous Utilization Management Medical Policy
Stelara Intravenous Utilization Management Medical Policy
Chairman and Founder
Chief Executive Officer
SVP, General Counsel
Chief Operating Officer
Chief Revenue Officer
Chief Financial Officer
Chief Administrative Officer
Chief Technology Officer
SVP, Client Success
SVP, Operations
VP, Client Operations
SVP, Formulary Management
Thirdwave Rx encrypts all data in our custody. We use tools like Azure Key Vault to manage encryption keys for maximum security in line with industry best practices.
Thirdwave Rx regularly engages some of the industry’s best application security experts for third-party penetration testing. Our penetration testers evaluate the source code, running application, and the deployed environment.
We also use high-quality static analysis tooling such as SonarQube, Snyk, Mend, and OWASP ZAP to secure our product at every step of the development process.
Thirdwave Rx uses Microsoft Azure to host our application. We make full use of the security products embedded within the Microsoft Azure ecosystem, including, but not limited to, Security Center, DDoS Protection, and Front Door.
In addition, we deploy our application using containers run on Microsoft Azure managed services, meaning we typically do not manage any virtual machine instances in production.
Thirdwave Rx is a certified HIPAA-compliant company. All exchanges and data are securely protected and stored in accordance with HIPAA regulations. We use Vanta to integrate with our application and platforms to demonstrate our compliance.
Thirdwave Rx encrypts all data in our custody. We use tools like Azure Key Vault to manage encryption keys for maximum security in line with industry best practices.