Rebates,

Rethought.

Automated rebate solutions for unrivaled savings

For any healthcare organization, controlling drug costs is a key concern. Thirdwave’s unrivaled rebate solution combines industry experts with pharmaceutical and financial acumen with a technology platform built for transparency and maximized cost savings.

Who We Serve

Thirdwave is revolutionizing rebate administration for providers across the healthcare industry.


Speciality Providers

LTC Facilities

Infusion Centers

LTC Pharmacies

Hospitals

Oncology Centers

Billions of dollars in savings are waiting to be found.

Prescription drug rebate opportunities are consistently overlooked

The Solution = Pharmacy Expertise + Tech

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.

See what our tech can do

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.


Results



5%

Initial savings on total drug spend

11%

Future incremental savings

Identifying every eligible rebate is key to maximizing 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.


Never miss another opportunity to obtain market-leading rebates with unrivaled savings.

No material rebate reversals for over 5 years.

Proven Expertise,
Proven Technology

With Thirdwave, pharmacy cost management goes from complicated to automated. Here’s how we’re saving healthcare providers millions.

Automated Rebate Submission

Our proprietary technology reviews administration data, identifying every eligible rebate and submitting claims through powerful automation. Clients get paid monthly with no upfront costs.

Formulary Review

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.

Compliant Rebate Validation and Capture

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.

Robust Analytics and Reporting

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.

Intellectual Power Drives our Automation

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.

Our primary focus is enabling the greatest possible savings so you can build a healthcare system for the future.

How Our Risk-Free Analysis Works


Client Data Transfer

Thirdwave Rebate Analysis

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

Client Data Transfer

Thirdwave will provide a claims submission format & instructions

Clients provide the minimum information required to analyze rebate opportunities

Thirdwave Rebate Analysis

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

About

A Legacy of Excellence in Healthcare

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.

Our Values


Transparency

Teamwork

Compassion

Technology

Formulary

Our Values


Transparency

Teamwork

Compassion

Technology

Meet the Team

Eric Moskow, MD

Chairman and Founder

Ed Lagerstrom

Chief Executive Officer

Ava Schaefer

SVP, General Counsel

Scott Taylor

Chief Operating Officer

Jeremy Moskow

Chief Revenue Officer

Joe Zavalishin

Chief Financial Officer

Elliot Moskow

Chief Administrative Officer

Rammy Joudeh

Chief Technology Officer

Paula Agoglia

SVP, Client Success

Ryan Rollo

SVP, Operations

Melissa Pappas

VP, Client Operations

Jen Forristal

SVP, Formulary Management

Security & Compliance

  • Data Security

    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.

  • Application Security

    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. 

  • Infrastructure Security

    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.

  • HIPAA Compliance

    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.

  • SOC 2 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.

HIPAA Compliance powered by Vanta
AICPA SOC

Lower Your Net Drug
Cost Today

Learn how our proven technology and expertise can help you draw down on costs by seamlessly maximizing rebates.

Send us a message

© 2023

Third Wave Recovery Systems, LLC
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