340B REPORT SPONSOR SPOTLIGHT

Plenful

Q: Tell us some interesting details about your company’s history.

Plenful was founded with a clear mission: to transform healthcare operations from the inside out. Our Founder and CEO Joy Liu experienced firsthand the inefficiencies, compliance challenges and operational pain points that healthcare teams face every day. With her background in healthcare technology and pharmacy operations, Joy recognized that healthcare needed a platform purpose-built by people who truly understand the work happening within the four walls of hospitals, pharmacies and health systems.

Our team is uniquely composed of former healthcare operators and leaders from organizations like Epic, Verity, Notable Health and CVS, alongside health systems such as Vanderbilt Medical Center, BayCare Health System and Shields Health Solutions. We’ve lived our clients’ challenges, navigated their systems and understand the complexity of their workflows firsthand. These operational insights, combined with our world-class AI and machine learning engineers, enable us to build AI-powered automation solutions on our agentic operating system that tackle healthcare’s most complex workflows, from 340B audit and optimization to intake authorization management.

Q: Provide some fun facts about your company:

  • Raised a $50M Series B in April 2025, bringing total funding to $76 million.
  • Our brand logo was redesigned in 2025 and carries a lot of meaning. Can you see the two hands coming together to symbolize healthcare, and the arrow pointing up and to the right to signify innovation and forward momentum?
  • We leverage AI and large language models to do really cool things like read and normalize messy handwriting on faxed documents, turning chaotic data into actionable workflows that eliminate the manual administrative work that’s burning out care teams.
  • On your first day as a new hire at Plenful, you may get asked, “What’s your favorite way to eat a potato?”

Q: What makes your company unique in the 340B space?

Plenful is the only platform delivering a true end-to-end 340B audit and optimization experience. We automate and simplify every part of the 340B program, from compliance audits and missed savings identification to referral capture and comprehensive 340B reporting (for ESP, state, and future rebates). Our executive dashboards give pharmacy leaders a clear, real-time view of key metrics, performance and savings, helping them elevate their operational strategy. 

Beyond the capabilities of our platform, it’s the impact we make that makes Plenful stand out. We offer a 100% audit of 340B claims. We uncover, on average, 4-7% of claims marked ineligible as actually qualified through our missed opportunities use case, resulting in millions of dollars in recaptured 340B savings. And we reduce manual work by more than 95% thanks to AI and automation, empowering teams to focus on top-of-license work. 

Above all, we’re built by healthcare operators, for healthcare operators, ensuring our platform aligns with the real-world challenges and priorities of 340B teams. We care deeply about delivering value to our clients, and we’ve demonstrated that by continuing to grow our customer success and implementation teams, who work hand-in-hand with our growing customer base of more than 65 leading healthcare organizations. 

Q: What about your company’s work are you most proud of?

We are deeply proud to partner with some of the nation’s most innovative healthcare organizations, helping them to grow and protect the vital 340B savings that fund patient care. The impact of the 340B program on underserved communities cannot be overstated, and knowing that our technology contributes to these missions is incredibly rewarding. Every dollar we help covered entities capture and safeguard strengthens their ability to provide critical services for the patients who need it most.

Learn more about Plenful and connect with their team online here.

 

Plenful team gathers at their Q1 company offsite.

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