How One Pharmacy Successfully Pivoted to an Entity-Owned Pharmacy to Overcome Mounting 340B Restrictions

Ben Kelly, VP, Pharmacy Management, Maxor 340B
Ben Kelly, Maxor 340B

SPONSORED CONTENT

When large drug manufacturers began restricting 340B drug discounts for contract pharmacies in 2020, Coastal Bend Wellness Foundation (CBWF) decided to pivot from a co-located pharmacy to entity owned. By doing so, the Community Health Center, which provides services to several rural counties in south Texas, would avoid the restrictions placed on contract pharmacies and continue to benefit from the 340B program.

At the time, CBWF had already partnered with Maxor 340B to design a turnkey, on-site pharmacy and run the day-to-day operations. Overall, the partnership with Maxor 340B was helping CBWF:

  • Enhance their quality of patient care
  • Optimize data transparency and accuracy
  • Improve financial performance
  • Gain access to specially trained pharmacy staff
  • Integrate medical and pharmacy information for patients and providers

When CBWF decided to operate as a wholly-owned pharmacy, Maxor 340B embraced the opportunity to collaborate and make the transition as seamless as possible.

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340B INDUSTRY LEADER SPOTLIGHT

Miles Truesdell, 340Best Board Member

Miles Truesdell

Q: Where did you grow up?

Princeton, New Jersey

Q: Where did you go to college?

I went to Monmouth University in West Long Branch, New Jersey.

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340B TACTICS: Reduce Manufacturer Exclusion Impact + Capture More Claims

SPONSORED CONTENT

In this webinar session, we’ll teach CEs how to optimally manage your 340B data submission. You’ll learn about pulling TPA claims, submitting data, wholesaler price and pharmacy usage monitoring. We will discuss new developments regarding pharmacy usage vs. purchasing monitoring, and how to avoid being flagged—and risk losing 340B pricing.

We will cover:

  1. New developments in the industry and legal landscape
  2. Pitfalls to avoid when submitting to ESP
  3. Ordering best practices for maximizing 340B Catalog Pricing
  4. Features of the ESP site, including: monitoring uploads, usage, and purchasing patterns

Speakers will include:

Anthony Velasquez, Chief Product Officer, PharmaForce

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340B INDUSTRY LEADER SPOTLIGHT

Alex Hennum, Vice President/General Manager, Macro Helix

Alex Hennum headshot
Alex Hennum

Q: Where did you grow up?

I grew up in several different countries, including Denmark, England, Norway, and the U.S.

Q: Where did you go to college/graduate school?

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Your Guide to Navigating 340B ESP

Larry Crowder headshot

SPONSORED CONTENT

The 340B ESP price loading process can be complex. If you’re a covered entity who contracts with outside pharmacies, here’s your guide to navigating 340B ESP, starting with the basics. Equip yourself with these tips to troubleshoot any price loading roadblocks you may encounter, and ensure pricing is loaded as quickly and efficiently as possible.

Review of 340B ESP (Second Sight Solutions) Model

340B ESP is also referred to as the Second Sight Solutions model since Second Sight is the company that owns 340B ESP. Twelve (12) of the eighteen (18) manufacturers who are restricting pricing in the contract pharmacy area participate in 340B ESP. In order to access 340B pricing for these manufacturers, you will need to send your pharmacy claims data up to 340B ESP twice a month, and from there, they will load your pricing for your contract pharmacy.

Only claims associated with NDCs of those manufacturers will get reviewed. The remaining claims are filtered

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340B INDUSTRY LEADER SPOTLIGHT

Anthony Velasquez, Chief Product Officer, PharmaForce

Anthony Velasquez

Q: Where did you grow up?

I was born in the Dominican Republic but grew up most of my life in Philadelphia, Pennsylvania. We moved a few times,

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340B INDUSTRY LEADER SPOTLIGHT

Jillian Lichner, Senior Manager of Implementations, 340B Solutions, Maxor National Pharmacy Services

Jillian Lichner, Maxor National Pharmacy Services
Jillian Lichner

Q: Where did you grow up?

I grew up in Norwich, Connecticut.

Q: Where did you go to college/graduate school?

The University of Hawaii and University of

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An Innovative Approach to Addressing a Key Social Determinant of Health

Angie Comer headshot

SPONSORED CONTENT

Food is so essential. It has many gifts; it evokes memories and brings people together. It is also a unique and wonderful source that provides a deep acumen into our history and other cultures. Food nourishes the body, mind and the soul. And let’s face it, almost all of us have an overt or covert foodie inside of us. However, on the other side of that proverbial fence, hunger is parallel to an incarceration that seems unlikely to ever end. Did you know that one in nine people on earth don’t have enough to eat?

AHF recognizes that food is universal. That is why during the height of the COVID-19 pandemic, AHF responded by launching the Food for Health program. It is not a band-aid—AHF’s mission goes beyond the bounds of food. Food for Health is about connecting with your community from every angle, while providing other much needed services.

We

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340B INDUSTRY LEADER SPOTLIGHT

Amber Mitchell, Senior Solution Engagement Executive, Sentry Data Systems, now The Craneware Group

Amber Mitchell

Q: Where did you grow up?

I grew up in Cocoa Beach, Florida. The Kennedy Space Center was only miles from my home. This allowed me the luxury of

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Are You Ready to See Pharmacy in a Whole New Light?

SPONSORED CONTENT

The future of health system pharmacy is moving beyond acute care. On October 11, join Omnicell for an exclusive virtual event as we unveil the next evolution of medication management.

We’re bringing together some of the brightest minds in healthcare to explore new opportunities to drive value and enhance outcomes across all settings of care. 

  • Be part of an exclusive unveiling
  • See the latest IV robotics enhancements
  • Hear customer insights
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