July 1, 2018
Brookfield, WI - After two years of incubation under Tricast, RevealRx has been incorporated independently. The reorganized company will focus exclusively on REVEAL, a SaaS product for reviewing pharmacy claims. REVEAL helps health plans and PBMs stay in compliance with CMS Best Practices while reducing the amount of manual time spent reviewing those claims. REVEAL is a secure and stable cloud based platform which uses cutting edge technology to help plans with their CMS compliance efforts.
Dan Piessens, CEO for RevealRx said “We’re really excited about this change. We have a great relationship with our clients and work really hard to ensure their voices are heard. In an industry like this, where compliance requirements can change over time, its important for us to be able to pivot quickly and adjust to those changes.”
Shortly after RevealRx was incorporated, Pete Woelfel, RevealRx’s Director of Sales traveled to CMS headquarters in Baltimore for feedback on REVEAL. “We couldn’t have been more pleased with how well it was received” Woelfel said “They agreed that monitoring pharmacy claims to the degree that REVEAL can is something many plans struggle with and that a tool like this was needed in the marketplace.”
A quick onboarding process allows Reveal’s clients to improve their compliance standing almost immediately by surfacing the riskiest claims on a daily basis as opposed to the weekly or monthly reviews most plans are currently doing while also saving time and allowing skilled employees to focus more time on other tasks.
The consulting portion of Tricast has been sold to Brown & Brown and will integrate with Missouri-based IPC/EvergreenRx.