340B Management Tool

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.

Schedule Demo

340B Management Tool Features

Withum’s unique software integrates data from all aspects of the program, linking EMRs, e-prescribing systems, contract pharmacies, TPAs and wholesalers as a “one-stop-shop” for all 340B concerns.

Enhanced Data Analytics

Analyze e-prescribing data to identify expansion opportunities through potential contract pharmacy relationships, clinic conversions and other partnership opportunities.

Compliance

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.

Network Leakage

Track prescriptions filled within your 340B network and understand the root cause of prescriptions filled outside your network.

Vendor Management

Optimize 340B procurement, tracking mixed-use drug purchases, ensure access to 340B medications and minimize WAC spend.

Sustainable Solution

Sustain your 340B program with software customized specifically to support your 340B program.

Timeline Acceleration

Automated data analysis and our project management functions accelerates implementation, improving cashflow and project ROI.

Schedule a Free Demo

Schedule a personalized and complimentary demo with a member of our team today.

Featured Insights

View All Insights

Innovative research in healthcare with advanced digital technology showcasing a global perspective

Audits, Fines and Ransomware: The High Cost of ‘Good Enough’ IT in Healthcare

Healthcare organizations operate in a complex environment; stakes are high and there is no margin for error. Cybersecurity in healthcare is no longer just an IT concern – it directly impacts patient safety, regulatory compliance, and day-to-day operations. Protecting sensitive patient data, ensuring regulatory compliance, and supporting continuous care have never been more important. When organizations settle for “good enough” IT solutions (systems and support/delivery) that merely meet minimum standards, they open…

Single Audit Readiness for FQHCs: Where Health Centers Continue to Get Tripped Up

For Federally Qualified Health Centers (FQHCs), single audit readiness—more precisely, readiness for an audit under Uniform Guidance—is no longer limited to the finance department. It is an organization-wide discipline that requires alignment across grants management, reimbursement, accounting, compliance, operations, and governance. Under Uniform Guidance, a non-Federal entity that expends $1,000,000 or more in Federal awards…

A doctor in a white coat sits at a desk, carefully navigating a digital network displayed over a clipboard. Their focus on the screen illuminates their dedication to modern healthcare.

Driving End User Adoption of BI Solutions in Physician Practices

While implementing Business Intelligence (BI) tools is a significant step forward for physician practices, the real value is only seen when end users fully embrace and integrate these solutions into their daily workflows. Driving business intelligence adoption requires a thoughtful approach that addresses both technical and human challenges, ensuring BI dashboards and analytics become indispensable…

medical professional using an ipad to review business intelligence dashboards.

The Power of Business Intelligence for Physician Practices

Physician practices today face mounting pressures, from regulatory changes to shifting reimbursement models and rising patient expectations and competition. Navigating these challenges requires more than clinical expertise…it demands actionable insights drawn from the very data your practice generates every day in the care of patients. This is where a Business Intelligence (BI) strategy comes into…

Case Study: Fair Market Value Analysis of Cardiology Practice Enables Successful PSA/PLA Renegotiation and Margin Improvement

Learn how Withum helped a leading health system successfully implement updated professional service agreements, achieve a 35% margin improvement, and significantly improve alignment with organizational goals. Download a PDF of this case study Executive Summary Withum was engaged by the CFO of a leading health system in the northeast (the “System”) to provide insight and…