Welcome to the step-by-step guide on using the Rate Setup feature in Phox. Follow these steps to efficiently build your formulary and maximize your commercial terms.
Step 1: Access the Rate Setup Feature
Log in to your Phox account.
Navigate to the Order and Rate Setup section from the main menu.
Step 2: Enter Commercial Term Rates
Locate the fields for entering your commercial term rates on the Rate Setup page.
Enter your desired rates for each term.
Step 3: Select Table Options
Choose Generic Partners
Use the dropdown menu or selection boxes to choose your preferred generic partners.
Set Favorite Manufacturers
Select your favorite manufacturers from the provided list.
Enter Blended Commercial Rates
Enter the blended commercial rates for each manufacturer. Pre-selected common favorites can help you get started.
Step 4: Use the Search Bar
Use the search bar at the top of the page to quickly find specific molecules.
Enter the molecule name and update rates accordingly.
Step 5: Organize Molecules
After selecting your partnered manufacturers, Phox will automatically organize your molecules based on usage.
Step 6: Enter Commercial Rates per Company
Enter your commercial rates per company in the provided slots.
Notice the color indicator: the higher the rate, the greener the slot will appear.
Step 7: Adjust Medications Display
To change the number of medications displayed per page, select the desired number of rows per page.
Navigate to the next set of medications by selecting the next page.
Step 8: Save and Update Rates
Your rates will be automatically saved as you enter them.
You can return to this page anytime to make changes or updates.
By following these steps, you can effectively use the Rate Setup feature in Phox to build your formulary and maximize your commercial terms. For any further assistance, feel free to contact our support team.