340B REPORT SPONSOR SPOTLIGHT

CPS

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

CPS Solutions, LLC (CPS) has supported hospitals, health systems and other covered entities for over 50 years by providing data-driven, patient-centric pharmacy solutions that span the entire continuum of care.

Our 800+ health system customers across the US and Puerto Rico rely on CPS’ proven expertise, innovative process, and proprietary technology to improve patient outcomes and financial results.

In the 340B space, CPS was one of the first companies to help covered entities launch their 340B programs 30+ years ago. As the industry evolved, we expanded our reach to the specialty pharmacy sector, helping covered entities build and manage their own in-house program. Today, our mission remains centered on compliance and clinical quality to enhance vital community healthcare services through our 340B and specialty pharmacy solutions.

Q: Provide some fun facts about your company:

  • CPS employs 2,500+ healthcare professionals across care settings.
  • Every member of our 340B team is an Apexus-Certified Expert (ACE), and they proudly maintain a 4.98 out of 5 average customer satisfaction rating.
  • In the last ten years, we completed 750+ independent 340B compliance reviews with a 100% accuracy rate of identifying gaps before an official HRSA audit.
  • Since 2022, our health-system specialty pharmacy (HSSP) clients consistently place as winners and finalists in the prestigious annual Managed Markets Insight & Technology (MMIT) Specialty Pharmacy Patient Choice Award.
  • CPS-managed HSSPs help patients maintain an average 94% treatment adherence rate.
  • CPS has helped our specialty pharmacy clients secure $1B+ in patient financial assistance to make high-cost therapies much more affordable.

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

With a combined 200+ years of experience, our 340B team members have all previously overseen 340B programs. Their first-hand, on-the-ground knowledge spans across all types of covered entities: large health systems, DSHs, CAHs, RRCs, SCHs, FQHCs, Ryan White HIV/AIDS programs, hemophilia centers, and more.

That deep bench of diverse expertise allows us to offer a full suite of 340B support from initial program establishment and independent audits to remote monitoring and continuous readiness programs.

Best of all, our dual focus on 340B and specialty pharmacy creates a full-fledged enterprise approach that maximizes impact for our client hospitals, health systems and other covered entity clients.

Whether they want to start a new in-house specialty pharmacy or grow an existing program, CPS helps at every step. From initial analysis and business case development to build out, accreditation, and ongoing management, we have a proven track-record of accelerating specialty pharmacy growth and driving a positive impact for patients, providers, and organizations alike.

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

We proudly put patient needs and outcomes first and foremost as demonstrated by our annual Patient Impact Report. It details CPS’ high-touch care model and culture of continuous improvement as showcased by our 50+ acclaimed outcomes studies and journal publications. For our clients, success is defined by improved clinical outcomes and translates to a 95 average Net Promoter Score (NPS) for patients and providers.

We are also proud of our Remote Monitoring program, CPS’ most comprehensive and sought-out 340B solution. Our team makes an immediate impact on Day 1 to safeguard clients’ 340B programs to provide them peace of mind and the ability to reallocate their staff’s time to other important aspects of patient care.

 

Visit the CPS website to learn more. For questions, contact the CPS team.

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