Generic Manufacturers Can Make BIG Changes with Blockchain Technology

Authors

  • Corey Greco VP, Sales Operations, Armas Pharmaceutials

DOI:

https://doi.org/10.30953/bhty.v6.254

Keywords:

blockchain technology, generic pharmaceuticals, contract management, GPO interactions, chargeback adjudication, medication, patient safety, inventory management, sales data reporting, chargeback validations, rebate accruals, ConV2X, BHTY

Abstract

Blockchain technology has surfaced in the generic pharma arena addressing challenges associated with Contract Management, GPO interactions, and Chargeback adjudication. Manufacturers are now burdened with reducing overhead costs that impact the cost of each unit to get medication to patients safely, effectively, and efficiently. Blockchain technology can be used to enhance efficiencies in how partners interact including inventory management, sales data reporting, chargeback validations and rebate accruals.

Downloads

Download data is not yet available.

Downloads

Published

2023-01-14

How to Cite

Greco, C. . (2023). Generic Manufacturers Can Make BIG Changes with Blockchain Technology. Blockchain in Healthcare Today, 6(1). https://doi.org/10.30953/bhty.v6.254

Issue

Vol. 6 No. 1 (2023): ConV2X Multimedia Proceedings 2023

Section

Conference Presentations

License

Copyright (c) 2022 Corey Greco

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Authors retain copyright of their work, with first publication rights granted to Blockchain in Healthcare Today (BHTY). Read the full Copyright Statement.