The 340B program offers many challenges and benefits. Balancing these two aspects of the program to find a solution that works for your entity is tricky, especially when you are trying to manage everything alone. Here, we outline some of the most important challenges and benefits and offer our solution to how your covered entity can enjoy all the benefits without needing to worry about any of the challenges.
Start experiencing the benefits of the 340B Drug Pricing Program by partnering with Maxor. We can handle the administration & operations, so you can serve your patients.
- Compliance is difficult to track and calculate
The covered entity assumes full responsibility for compliance when acting through the 340B program. This can be difficult to track with patient eligibility and inventory issues presenting themselves as well as wholesaler relationships and avoiding diversion and duplicate discounts. This process can be even further complicated by establishing a relationship with a contract pharmacy.
- Penalties are strict and unforgiving
In the event that diversion or duplicate discounts occur, the covered entity is responsible for repaying the wholesaler in full for the difference of the price reduction they received through the 340B program or another discount/rebate offer.
- Some aspects require significant investment
Establishing an on-site pharmacy, even if one is already present on location, can take a large amount of time and resources. Leave operations to us. We’ll help you maintain quality control, oversight and personnel capabilities to make sure you minimize risk while also providing the care your patients deserve.
Choose Maxor as your 340B Partner
The Maxor 340B Program Solution addresses all of these problems. We work with you, from beginning to end, to ensure that our tried and proven methods of tracking and compliance are implemented into your system, that you don’t need to worry about the funding necessary to start or better your on-site pharmacy, and that you are receiving the absolute maximum benefits from the program through our wholesaler audit services. Visit The Maxor 340B Program Solution to learn more about how we customize our solution to fit your requirements or contact us directly at 1-800-658-6146