A November election for Louisiana attorney general will determine the primary official who both enforces its 340B contract pharmacy law [...] …
Month: October 2023
Indian biopharmaceutical manufacturer Biocon Biologics has notified 340B covered entities about a new national drug code (NDC) for insulin glargine-yfgn, [...] …
Please Login or Become a Paid Subscriber to View this Content
If you are already a
According to our history lessons, George Washington told Thomas Jefferson that the Senate was created to serve as a saucer [...] …
Please Login or Become a Paid Subscriber to View this Content
If you are already a
SPONSORED CONTENT
TIP: Identify viable contract pharmacy opportunities for 340B registration to maximize savings.
How to Identify
Drug manufacturer Genentech has asked health systems and hospitals about possible 340B program compliance violations involving split-billing software settings. Staff [...] …
Please Login or Become a Paid Subscriber to View this Content
If you are already a
Regulators are seeking input on a contractor to help it shield drug manufacturers from giving duplicate 340B discounts and new [...] …
Please Login or Become a Paid Subscriber to View this Content
If you are already a
SPONSORED CONTENT
To ensure compliance, maximize savings, and streamline operations, consider these five best practices.
1. Proficiency in Data Management
To effectively manage your 340B program, it’s crucial to comprehend how data is created, stored, and transmitted to your Third-Party Administrator (TPA). Typically, data is extracted from your Electronic Health Record (EHR) system to generate a flat file. This file is then ingested by your TPA, who calculates your accumulations for 340B savings, Group Purchasing Organization (GPO), and Wholesale Acquisition Cost (WAC) pricing.
A central aspect of effective data stewardship involves interpreting the data elements. Whether it’s Charge Description Masters (CDMs), National Drug Codes (NDCs), or a combination, understanding the codes and quantities is essential for correct accumulation and compliance. Analyzing charge data includes grasping the NDCs sent to your TPAs, deciphering charge quantities, and accounting for various units such as mL, mg, or shots administered.
To get to the place where you
…
Drug manufacturer Teva this week added a drug to the hospital contract pharmacy restrictions it first implemented in June. The [...] …
Please Login or Become a Paid Subscriber to View this Content
If you are already a
Witnesses recently told a U.S. House subcommittee that Congress should cut Medicare payments for 340B drugs. The House Energy and [...] …
Please Login or Become a Paid Subscriber to View this Content
If you are already a
A final rule to implement the 340B administrative dispute resolution (ADR) process arrived this week at the last stage of [...] …