Category: Other Industry

In a Move to Expand its Specialty Pharmacy Services, CPS Acquires Trellis Rx

In Other IndustryJune 7, 2022626 Views

CPS Chairman & CEO Frank Segrave (left) says his company's acquisition of Trellis Rx "helps us to deliver a broader range of offerings and flexibility across our inpatient and outpatient businesses." Trellis co-founder and CEO Andy Maurer (right) says the companies "complement each other and together, we can create a more diverse offering across inpatient, outpatient and specialty pharmacy settings for health and hospital systems serving communities of all sizes."

340B pharmacy and health-system services provider CPS Solutions, based in Dublin, Ohio, announced late last week that it has acquired specialty pharmacy services company Trellis Rx, headquartered in Atlanta, Ga.

Both companies have personnel with several decades of

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OptumRx Says Providers Can’t Share 340B Claims Data Without its Consent

In Other Industry, Pharma IndustryJune 3, 20221681 Views

Tom Mirga

OptumRx is requiring 340B covered entities to get its consent before they share OptumRx contract pharmacy claims data with drug manufacturers.

Pharmacy care services company OptumRx is requiring 340B covered entities to get its consent before they share OptumRx contract pharmacy claims data with drug manufacturers to satisfy manufacturers’ conditions on 340B pricing.

OptumRx—a part of information and health

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340B Providers Say Express Scripts’ New 340B Claims Validation Requests Raise Red Flags

In Other IndustryApril 14, 20221957 Views

Tom Mirga

340B covered entities have raised concerns about Express Scripts' new requests to verify 340B drug reimbursement claims.

340B hospitals and health centers say they have a lot of questions about new requests from Express Scripts (ESI) to verify 340B drug reimbursement claims in 10 business days.

Hospital and health center covered entities report getting one

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Signify Health Acquires Caravan Health For $250 Million

In Other IndustryFebruary 17, 2022306 Views

Ron Shinkman

Signify Health has signed an agreement to acquire Caravan Health, a company that helps hospitals and health systems that have value-based care arrangements. These services include maximizing 340B savings.

Signify Health, a value-based healthcare platform with a network of over 3,000 physician practices and facilities, has signed an agreement to acquire Caravan Health, a company that helps hospitals and health systems with value-based care arrangements maximize 340B

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Apexus Picks Ohio Health System Pharmacy Exec Michelle Wiest For Influential 340B Position

In Federal, Other IndustryFebruary 8, 2022885 Views

Tom Mirga

Apexus announced yesterday that it has hired Michelle Wiest, most recently vice president of pharmacy services at UC Health in Cincinnati, to be its senior vice president of 340B policy and compliance.

Michelle Wiest, most recently vice president of pharmacy services at UC Health in Cincinnati, is Apexus’s new senior vice president of 340B policy and compliance.

Apexus announced Wiest’s hiring yesterday. The company said Wiest will oversee its education

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Vizient Asks Congress to Pass Senate Version of Bill to Protect Hospitals from Losing 340B Eligibility During Pandemic

In Federal, Legislative, Other IndustryJanuary 27, 2022202 Views

Tom Mirga

Vizient asked Congress to pass the U.S. Senate version of bipartisan legislation to protect hospitals from losing their 340B eligibility due to changes in patient and payer mix caused by the COVID-19 pandemic.

Health care services and group purchasing company Vizient asked Congress on Monday to pass the U.S. Senate version of bipartisan legislation to protect hospitals from losing their 340B eligibility due to changes in patient and payer mix caused

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Cloudmed Acquires 340B Technology Company par8o

In Other IndustryDecember 21, 2021284 Views

Ron Shinkman

Boston-based par8o, which provides 340B services including a platform to help 340B covered entities manage their patient referral claims, has been acquired by Cloudmed.

Cloudmed is a revenue intelligence company based in Atlanta. The company partners with over

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Omnicell Is Acquiring ReCept, a Specialty Pharmacy Management Company with 340B Expertise

In Other IndustryDecember 7, 2021533 Views

Tom Mirga

Pharmacy automation, 340B compliance, and medication management company Omnicell is acquiring ReCept Holdings, which helps providers open and manage in-house 340B pharmacies and specialty pharmacies.

Pharmacy automation, 340B compliance, and medication management company Omnicell is acquiring ReCept Holdings, which helps hospitals, health centers, Ryan White Clinics, and other providers open and manage in-house 340B pharmacies and specialty pharmacies.

Mountain View, Calif.-based Omnicell (a

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Kaiser Health News Story on 340B Likely to be Read and Seen Widely

In Other Industry, Pharma IndustryNovember 16, 2021540 Views

Tom Mirga

Kaiser Health News and InvestigateTV released an in-depth news article and news segment today about the 340B program and the fight over 340B contract pharmacy.

Kaiser Health News (KHN), a nonprofit health care news organization whose stories are widely and freely republished and rebroadcast, released an in-depth article and news video today about the 340B program and the fight over 340B contract pharmacy.

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Sectyr Acquires LicenseTrak, Will Merge Capabilities into Single Platform

In Other IndustryNovember 2, 2021193 Views

Ron Shinkman

Sectyr, a major provider of compliance platforms for 340B covered entities, has bought LicenseTrak, a system for managing license, contract, training, and other business tasks.

Sectyr, an established provider of compliance platforms for 340B covered entities, has acquired LicenseTrak, a system for managing license, contract, training, and other business tasks, the companies announced last week.

Scottsdale, Ariz.-based Sectyr will fold Bloomington, Minn.-based LicenseTrak

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