Coral Connect
Drug Spend Optimization

Smarter sourcing.
Leaner operations.

One platform.

Coral brings drug selection, contract performance, and purchasing execution together in one platform. Full transparency into every dollar. No silos, no black boxes. And for those who want a true operating partner, we run it all for you.

What Coral Does

Three Disciplines.

One integrated platform.

01 — OPTIMIZE

Smarter drug choices, built around your contracts.

Siloed data means siloed decisions. We fix that.

When payer, clinical, and sourcing data align, the right decisions become obvious.

Coral connects reimbursement, manufacturer, and purchasing data to identify drug choices that improve margin without compromising care, turning spend into savings and strengthening your overall formulary strategy.

Delivered as software or managed services.

  • Payer-informed formulary analysis
  • Reimbursement modeling by drug and payer
  • Spend and GPO performance visibility
  • Site-of-care optimization
  • Ongoing formulary management
02 — PROCURE

Buy better. Capture every dollar of every contract.

Contracts are a commodity. What happens after you sign them isn't.

We centralize procurement and sourcing, aligning every purchase to contracted pricing, rebates, and terms in real-time, so you capture the full value of what you negotiated.

Admin fees tracked. Rebates reconciled. No gaps.

Delivered as software or a fully managed service.

  • Omnichannel GPO and distribution contract management
  • Manufacturer contracting and rebate administration
  • Real-time PO validation against pricing and terms
  • Admin fee tracking and reconciliation
  • Sourcing and industry relations management
03 — OPERATE

Prefer we just handle it? We're set up for that.

The full Coral platform, delivered as a managed service.

Some organizations use our platform. Others rely on us to run operations end-to-end.

We provide the full operational backbone for infusion and specialty pharmacy programs, from intake through reimbursement.

  • Patient intake, prior authorization, and benefit verification
  • Billing, collections, and revenue cycle management
  • Pharmacy and infusion operations
  • Vendor coordination and oversight
Prefer a fully managed approach? Coral acts as your embedded drug spend team, optimizing, procuring, and operating on your behalf with full transparency into every decision and dollar. Talk to us about managed services →

A purpose-built tech-enabled platform.

● AVAILABLE NOW

Step 1

CORAL CANVAS

SOURCING INTELLIGENCE & STRATEGY

GPO, distribution, and payor contracts are complex. Canvas ingests them, models their financial impact, and transforms raw spend data into a prioritized sourcing roadmap that surfaces where gaps exist and where to focus.

CAPABILITIES
CONTRACT INGESTION GPO IMPACT MODELING SAVINGS ROADMAP GAP IDENTIFICATION CATEGORY CANVASES EXECUTIVE LAUNCHPAD CLIENT REPORT BUILDER
● AVAILABLE NOW

Step 2

CORAL CONSUME

CENTRALIZED PURCHASING EXECUTION

The purchasing control tower. Consume converts negotiated contract terms into enforceable buying actions, capturing every dollar of negotiated savings while building a compounding intelligence layer from your ERP, API data, and purchase history.

CAPABILITIES
PRICEGUARDIAN ™ COMPLIANCE AUTOPILOT ™ ERP INTEGRATION REBATE TRACKING BACKORDER SAVINGS VENDOR SCORECARDS
◎ COMING SOON

Step 3

CORAL CALCULATE

CLINICAL ECONOMICS & DRUG SELECTION

The clinical decision layer. Calculate models drug selection against payor reimbursement structures, ASP and AWP dynamics, and manufacturer contracting to surface the true financial implications before the prescription is written.

CAPABILITIES
PAYOR REIMBURSEMENT MODELING ASP DYNAMICS THERAPEUTIC INTERCHANGE SITE-OF-CARE ROUTING

THE CORAL DIFFERENCE

Consume gets smarter the longer you use it. Every purchase transaction, AP record, and buying decision compounds into a living intelligence layer specific to your organization. Codified contracts meet tribal knowledge, surfacing what your best purchaser knows but never wrote down.

Who We Serve

Built for organizations that
dispense or administer medications.

Coral powers drug procurement, access, and delivery across the care continuum. We partner with pharmacies, providers, health systems, and prescribers.

💉
Ambulatory Infusion Centers
Strategic sourcing. Leaner operations. Better margins. Pharmacy enablement.
🏠
Home Infusion Providers
Strategic sourcing. Site-of-care optimization. Reimbursement accuracy. AIC enablement.
🏥
Hospitals & Health Systems
Enterprise drug spend management. Alternate site-of-care strategy.
🏢
LTC Pharmacies & Facilities
Formulary management. Real-time adjudication. Therapeutic interchange. Managed care programs. Pricing audits and reconciliation. Drug procurement optimization.
Coral Ecosystem

Core platform +
specialized capabilities.

Alongside Coral's core platform, we deliver specialized services through two focused brands, each powered by the same platform and network.

Powered by Coral
ThirdWaveRx
Drug Cost Management · Rebate Administration · Claims Analytics

PBM and pharmacy benefit capabilities focused on rebate management, cost optimization, and analytics for plans and providers.

Powered by Coral
AdvisorWorx
Infusion Advisory · RCM · Pharmacy Operations

Advisory and managed services for infusion and specialty pharmacy providers across operations, compliance, and revenue cycle.