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Maximizing savings and validating compliance is a necessary process of any 340B entity and not all reporting is the same. Regardless of automatic reporting features, there are many practical reports that use Data Analytics to verify accuracy of data and most importantly, compliance. The result is not only maximized savings, but peace of mind.
1. NDC or Code Mismatch Report
Validate 9 to 11 digit NDC match to ensure NDC to NDC standard for accumulations are being met. To generate this report, start with your crosswalk in Excel of NDCs and Codes (NDC coming across file) in separate columns. Run a mathematical equation subtracting one column from the other. Delete any items with less than a two-digit difference. Review remaining item and create an action plan to correct any mismatched items.
2. WAC Impact Report (DSH/PED)
Identify largest WAC losses occurring due to continual purchase on WAC account generally caused by missing
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