340B Drug Pricing Program

AHF Warns Pharma Its Attacks on 340B Drug Program Will Harm Patients

Retrieved on: 
Tuesday, September 8, 2020

AIDS Healthcare Foundation ( AHF ) condemns the latest series of attempts by drug manufacturers to undermine an essential part of the healthcare safety net, the 340B Drug Pricing Program .

Key Points: 
  • AIDS Healthcare Foundation ( AHF ) condemns the latest series of attempts by drug manufacturers to undermine an essential part of the healthcare safety net, the 340B Drug Pricing Program .
  • Make no mistake, the 340B Program is under attack, said Tracy Jones, AHF senior manager and executive director of the AIDS Task Force of Greater Cleveland, an AHF affiliate.
  • Finally, drug companies are trying to convert the program from a discount program into a rebate program.
  • Its no secret that drug companies dont like the 340B program, because providing discounts to safety net providers eats into their profits.

Kalderos Launches 340B Pay, the Technology-enabled Solution for 340B Rebates

Retrieved on: 
Tuesday, August 25, 2020

CHICAGO, Aug. 25, 2020 /PRNewswire/ -- Kalderos , the creator of the country's first Drug Discount Management platform, announced today its industry-first 340B rebate solution, 340B Pay .

Key Points: 
  • CHICAGO, Aug. 25, 2020 /PRNewswire/ -- Kalderos , the creator of the country's first Drug Discount Management platform, announced today its industry-first 340B rebate solution, 340B Pay .
  • Available on September 8, 2020, 340B Pay is the first real-time, compliant solution for requesting, verifying and, through integration with a third-party payment provider, paying 340B rebates.
  • 340B Pay allows all 340B stakeholders to benefit from managing 340B discounts via rebates, previously only availableto AIDS Drug Assistance Programs.
  • "340B Pay strengthens the integrity of the 340B Drug Pricing Program wherein all stakeholders can proactively identify and prevent issues."

Safety Net Providers Launch "Protect the Safety Net" Campaign

Retrieved on: 
Tuesday, August 18, 2020

ALBANY, N.Y., Aug. 18, 2020 /PRNewswire/ -- The New York chapter of Ryan White Clinics for 340B Access (RWC-340B) today announced the launch of the Protect the Safety Net campaign.

Key Points: 
  • ALBANY, N.Y., Aug. 18, 2020 /PRNewswire/ -- The New York chapter of Ryan White Clinics for 340B Access (RWC-340B) today announced the launch of the Protect the Safety Net campaign.
  • This "carve out" provision harms all safety net providers in the federal 340B drug discount program.
  • If implemented, the carve out provisions included in the budget would harm Ryan White Clinics, Federally Qualified Health Centers, Safety Net Hospitals, and other safety net providers in the 340B drug discount program and adversely impact the financial stability of health care clinics across New York State.
  • "Our patients and staff are facing unprecedented strain and now is not the time to further dismantle the safety net.

Omnicell to Acquire Pharmaceutical Strategy Group’s Leading 340B Software-Enabled Service Business

Retrieved on: 
Wednesday, August 12, 2020

The federal 340B Drug Pricing Program has provided financial assistance to hospitals serving vulnerable communities for more than 25 years.

Key Points: 
  • The federal 340B Drug Pricing Program has provided financial assistance to hospitals serving vulnerable communities for more than 25 years.
  • The importance of the 340B program continues to grow as covered entities seek solutions to help manage rising healthcare costs and uncompensated care.
  • Adds High-Growth, Immediately Accretive, Recurring Revenue Business: 340B Link is a high growth software-enabled services business with a recurring revenue business model, aligned with customer success.
  • Complementary to Omnicell One: 340B Links capabilities are complementary to Omnicell One, Omnicells recently-announced, technology-enabled service which focuses on pharmacy supply chain optimization and diversion management.

Sentry Data Systems Launches RVS™ to Help Safety Net Providers Manage Patient Referrals

Retrieved on: 
Friday, July 31, 2020

DEERFIELD BEACH, Fla., July 31, 2020 /PRNewswire/ --Sentry Data Systems, Inc., the nation's leader in pharmacy procurement, compliance and utilization management, announced today the release of its Referral Verification System (RVS), to help 340B safety net providers improve the continuity of patient care by automating patient referral relationships.

Key Points: 
  • DEERFIELD BEACH, Fla., July 31, 2020 /PRNewswire/ --Sentry Data Systems, Inc., the nation's leader in pharmacy procurement, compliance and utilization management, announced today the release of its Referral Verification System (RVS), to help 340B safety net providers improve the continuity of patient care by automating patient referral relationships.
  • "This solution will increase visibility of patient medication use and treatment adherence while ensuring compliance with all 340B guidelines and safety net provider policies and procedures.
  • The bedrock mission of Sentry's platform is to help covered entities continue to support our country's underserved and most vulnerable patients."
  • Sentry Data Systems, Inc. is a pioneer in providing technology solutions that help healthcare providers address their three biggest challenges: reducing total cost of care, managing compliance and producing betterquality.

Draffin Tucker Announces the Expansion of 340B Drug Pricing Program Compliance Service

Retrieved on: 
Wednesday, June 24, 2020

Draffin Tucker understands the complexities and challenges facing the healthcare industry as it relates to the 340B Program.

Key Points: 
  • Draffin Tucker understands the complexities and challenges facing the healthcare industry as it relates to the 340B Program.
  • Draffin Tucker has over 50 years of healthcare knowledge and experience to help address the numerous operational, financial, and compliance aspects of the 340B Program.
  • They will provide compliance services such as 340B Program audits, risk assessments, and 340B Coordinator outsourcing.
  • In the ever-changing healthcare world, Draffin Tucker works with you to evaluate your 340B Program's compliance or savings and offer guidance within the 340B Program.

Insights on the Hospitals and Outpatient Care Centers Global Industry to 2030 - Featuring NHS, Kaiser Permanente & DaVita Among Others

Retrieved on: 
Tuesday, June 23, 2020

The Hospitals And Outpatient Care Centers market global report from the publisher answers all these questions and many more.

Key Points: 
  • The Hospitals And Outpatient Care Centers market global report from the publisher answers all these questions and many more.
  • North America was the largest region in the global hospitals and outpatient care centers market, accounting for 39% of the market in 2019.
  • Asia Pacific was the second largest region accounting for 26% of the global hospitals and outpatient care centers market.
  • Africa was the smallest region in the global hospitals and outpatient care centers market.

Sentry Data Systems joins Ryan White Clinics for 340B Access (RWC-340B) in the fight to protect the nation's most vulnerable patients

Retrieved on: 
Thursday, May 7, 2020

DEERFIELD BEACH, Fla., May 7, 2020 /PRNewswire/ -- Sentry Data Systems, Inc. , a leader in automated pharmacy procurement, utilization management and 340B compliance, has signed on as a Champion Level Benefactor with nonprofit organization Ryan White Clinics for 340B Access (RWC-340B).

Key Points: 
  • DEERFIELD BEACH, Fla., May 7, 2020 /PRNewswire/ -- Sentry Data Systems, Inc. , a leader in automated pharmacy procurement, utilization management and 340B compliance, has signed on as a Champion Level Benefactor with nonprofit organization Ryan White Clinics for 340B Access (RWC-340B).
  • RWC-340B is a national organization of HIV/AIDS medical providers receiving support under the Ryan White CARE Act, which funds services primarily for poor and/or uninsured people with HIV/AIDS.
  • Ryan White providers are eligible for the federal 340B Drug Discount Program, and use it to expand care by providing patients with affordable access to expensive HIV/AIDS medications.
  • "At Sentry Data Systems, our job is to provide healthcare organizations with the expertise and technology necessary to help them make the most of the 340B program and support their vulnerable populations," says Travis Leonardi, CEO and founder of Sentry Data Systems.

Kalderos Launches Review, an Enhanced 340B Claims Verification Platform

Retrieved on: 
Wednesday, April 15, 2020

Review builds on the company's legacy claims verification software for covered entities, with updates to create a more intuitive, efficient and accurate 340B claims verification process.

Key Points: 
  • Review builds on the company's legacy claims verification software for covered entities, with updates to create a more intuitive, efficient and accurate 340B claims verification process.
  • "At Kalderos, we're building an intelligent infrastructure that supports the 340B Program and provides clarity for all stakeholders," said Jeremy Docken, CEO and co-founder, Kalderos.
  • Simplified review process:Streamlining the claims review process, Review provides a more comprehensive view of claims data, including Medicaid agency and plan type.
  • Following the recent updates, 340B consulting group Advis said, "The new user interface enables us to comprehensively review 340B claims on behalf of our covered entity clients.

Experity Names Kernie Brashier Chief Technology Officer

Retrieved on: 
Tuesday, January 21, 2020

Experity , the leading provider of electronic medical records (EMR) and practice management (PM) software to power the patient-centered healthcare revolution in the urgent care space, announced today it has named Kernie Brashier Chief Technology Officer (CTO).

Key Points: 
  • Experity , the leading provider of electronic medical records (EMR) and practice management (PM) software to power the patient-centered healthcare revolution in the urgent care space, announced today it has named Kernie Brashier Chief Technology Officer (CTO).
  • Experity has been on my radar for a while now as an organization that prides itself on both collaboration with and the success of their clients, said Brashier.
  • As CTO of Payspan, Brashier redesigned and deployed the largest project in company history over an eight-month period.
  • Prior to Payspan, he was Chief Operating Officer (COO) of CaptureRx, a healthcare technology company specializing in solutions for the 340B Drug Pricing Program which serves more than 500 hospitals and health centers in 45 states.