Optimize Your 340B Purchasing and Expand Your 340B Program
340B is a federal program that allows qualifying not-for-profit healthcare organizations to purchase drugs at a discounted rate. Withum’s Healthcare Advisory Services Team has assisted healthcare organizations to optimize their 340B purchasing and strategically expand their 340B program while ensuring compliance and sustainability.
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340B Management Tool Features
Enhanced Data Analytics
Analyze e-prescribing data to identify expansion opportunities through potential contract pharmacy relationships, clinic conversions and other partnership opportunities.
Algorithmically identify high risk prescriptions requiring review on a predetermined cadence to ensure compliance. Store all 340B related contracts and map directly to cost reports.
Track prescriptions filled within your 340B network and understand the root cause of prescriptions filled outside your network.
Optimize 340B procurement, tracking mixed-use drug purchases, ensure access to 340B medications and minimize WAC spend.
Sustain your 340B program with software customized specifically to support your 340B program.
Automated data analysis and our project management functions accelerates implementation, improving cashflow and project ROI.
The 340B Drug Pricing Program (“the Program” or “340B”) is a federal program that allows Federally Qualified Health Centers (“FQHCs” or “Covered Entities”) to purchase drugs at significant discounts from […]
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