5 Steps to Capturing 340B Referral Prescriptions–And Why Covered Entities Should Consider It

Referral prescriptions can be an important additional source of 340B funding for covered entities (CEs). However, it wasn’t until recently that referral prescriptions moved out of the “grey area” of 340B and into the mainstream. Just three years ago, most CEs avoided this area due to operational and compliance concerns. Today, many CEs have already added referral prescription capture to their 340B programs or are actively evaluating solutions.

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A Recap of the Acentrus Specialty Conference

Acentrus Specialty hosted its first Acentrus Specialty Conference on January 12-13, 2021, which brought together pharmacists, manufacturers, and suppliers to examine the challenges, opportunities, and best practices in advancing health system specialty pharmacy practice. A pharmacy paradigm shift is under way, as Integrated Delivery Networks (IDNs) are partnering to grow their specialty pharmacy operations.

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A Welcome Letter to the 340B Community from Tango340B

Hello fellow 340B Report readers. As this is our very first publication on this forum, I would like to take a quick moment to briefly introduce my organization, Tango340B. We are a collective of mission-driven professionals, dedicated to serving organizations who provide care to vulnerable patient populations. While our array of services is continuously expanding, our central purpose is to improve access to care for the underserved, help safety-net providers navigate the complexities of the 340B program, maximize resources to meet the needs of every community, ensure regulatory compliance, and facilitate ongoing HRSA audit readiness. Our team is seasoned, knowledgeable, service-focused, and passionate about helping organizations get themost value out of their 340B programs.

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Proven Strategies 340B Covered Entities Can Use to Enhance the Specialty Pharmacy Experience for Patients

Delivering an excellent customer experience is crucial for 340B covered entities seeking to differentiate their in-house specialty pharmacy services from those of external specialty pharmacies. As in other industries, providing great service will boost customer satisfaction and loyalty, leading not only to better clinical results but also to stronger financial growth.

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Strategies for Achieving the Right Number of 340B Savings

When it comes to 340B compliance, there’s really only one number for total savings that’s right for your organization. In the popular gameshow, The Price Is Right, the objective is to get as close to the right number without going over. It’s not that different for 340B. If you go over the right number, you’re non-compliant. If you’re under the right number, you’re not optimizing your savings. So, the question is, how do you get to that right number of savings that fits your organization?

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