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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.
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Benjamin Franklin, an American Founding Father and Statesman, is attributed as being the source of the memorable quote “By failing to prepare, you are preparing to fail.”
Today, compliance risk in the 340B Program remains significant for most covered entities. The capabilities of many covered entities to reach all members of their communities with needed services and resources remains under intense pressure. Hospitals, community
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Let me ask you something: Do you remember what was going on with the 340B program in the early 1990s?
Perhaps I should phrase that question another way, because those of us on the advocacy side can easily cite the fact that the program was kicked off in 1992 to help the nation’s safety-net providers fund vital
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Reflecting back on the past 18 months of my professional life, I can’t help but feel like that opening sentence from the old classic by Charles Dickens, the Tale of Two Cities – while overutilized to the point of cliché – is highly apropos. Starting in the summer of 2020, at the height of the COVID pandemic, during a period of much uncertainty and universal angst,
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At AIDS Healthcare Foundation, we commit to linking any person newly diagnosed with HIV to care within 72 hours of their reactive result. In addition, through our AHF Wellness Centers that offer free STI (Sexually Transmitted Infection) screening and testing, our Healthcare Centers, our Mobile Testing Units, and community events, we provide the public with several opportunities for STI testing.
If there
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As with so many other things in life, the 340B program has its own elements that have moved from practice, to accepted principles, to perceived law. This may be because we by nature want the program to be clearly and explicitly defined to prevent inadvertent and unintentional compliance errors. Fortunately, and sometimes unfortunately, the program has been
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The role of a 340B Coordinator is critical and there are specific educational requirements needed to be able to successfully manage a 340B drug discount program. Close oversight of your 340B program will result in critically important financial savings, but it is a complex and often difficult undertaking.
The key to a successful 340B Coordinator greatly depends on knowledge and practical training. The coordinator
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With so many competing priorities dominating each workday, it can feel overwhelming to keep track of the latest developments that affect the 340B Program. For 340B stakeholders responsible for maintaining compliance, operating a strong program, and maximizing their resources in this complex and ever-changing landscape, keeping up with policies and operational best practices is mission-critical. There
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The AIDS Healthcare Foundation thrift store division, Out of the Closet, presents a fun, stigma-free opportunity to link people to care. Every Out of the Closet thrift store benefits AHF’s life-saving programs around the world because 96 cents of every dollar spent at an OTC goes back to HIV care and services. Those services include HIV
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With more and more drug manufacturers excluding their products from 340B contract pharmacies, covered entities are asking two questions: When does this end? And what should we do about it? At Sentry, we’re asking ourselves, how can we best support our customers in these challenging circumstances?
With drugs like AbbVie’s best-selling Humira, Merck’s Keytruda and diabetic drugs
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