Introducing RevenueRx by Panacea: Transforming Access to Patient Drug Assistance

Panacea Healthcare Solutions is excited to announce the launch of RevenueRx—a next-generation service designed to streamline and simplify the complexities of manufacturer-sponsored drug assistance programs. RevenueRx is purpose-built for hospitals and health systems seeking to reduce administrative burden, ensure compliance, and help patients access the high-cost medications they need through free drug, copay, and foundation support.

In an increasingly complex reimbursement landscape, ensuring uninterrupted access to infused and injectable therapies is critical—not just for patient outcomes, but also for operational efficiency and financial performance. RevenueRx helps you bridge the gap between patient need and payer limitations with a fully managed, tech-enabled solution.

What RevenueRx Delivers

  • Full-Service Application Management

    RevenueRx manages the end-to-end submission and tracking of patient assistance applications to pharmaceutical manufacturers and charitable foundations. Our team proactively screens eligible patients and ensures timely, accurate submission for free drug, copay, and foundation funding.

  • Seamless Free Drug Ordering & Compliance

    Once approved, Panacea directly orders medications from the manufacturer and coordinates delivery with your hospital pharmacy. We also ensure compliant billing practices to avoid crediting and rebilling delays.

  • Copay & Foundation Program Coordination

    We don’t stop at approval. RevenueRx tracks copay and foundation disbursements all the way through to payment posting. Our team manages every step in between, ensuring funds are applied accurately and quickly to patient accounts.

Why It Matters More Than Ever

Recent Medicare reforms, accumulator programs, and rising specialty drug costs continue to leave patients—especially those on Medicare Part B or commercial plans—with significant out-of-pocket expenses. RevenueRx helps providers overcome these barriers by:

  • Reducing administrative burden on pharmacy and financial counseling teams
  • Ensuring compliance with billing and drug replacement policies
  • Improving revenue capture from patient assistance and replacement drug programs
  • Enhancing access to life-saving medications for financially vulnerable patients

Built for Simplicity, Powered by Compliance

RevenueRx is supported by Panacea’s experienced staff and proprietary technology platform. We provide hospitals with clear, recurring reporting—tracking patient eligibility, approvals, recoveries, drug shipments, and compliance milestones. The result? Better patient access, better financial outcomes, and peace of mind for your team.

Let’s Partner to Improve Access and Outcomes

Whether your organization is launching a patient assistance initiative or looking to improve an existing one, RevenueRx offers a proven, scalable, and cost-effective solution. Let Panacea help you turn patient need into program success—without adding workload to your staff.

Contact Us to Learn More:

BreAnn Meadows, FHFMA
President, Revenue Integrity
📧 bmeadows@panaceainc.com

Kevin Chmura
Chief Executive Officer
📧 kchmura@panaceainc.com

Visit Panacea to explore RevenueRx and our full suite of revenue cycle solutions.