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.

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.

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?

As 340B covered entities continue to feel the financial impact of Medicare Part B reimbursement cuts and drug manufacturer actions that limit access to 340B pricing, a new Administration and new Congress will soon be in place. What will this mean for the future of the 340B program?

2020 was a year like no other! Dominated by challenges and uncertainty with the pandemic and the economy, and the political landscape overshadowing everything.