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All 340B drug purchases are managed through a completely separate process and inventory, so you don’t have to worry about replenishments mistakes, etc.
P340B Clients enjoy weekly EOB reports with financial and auditing transparency in real time.
P340B trains and manages an experienced team of 340B pharmacist and technicians.
P340B has successfully converted all 340B Clients from cost centers to financially healthy entities.
340B is a drug discount program enacted from Section 340B of the Public Health Service Act of 1992, the Veterans Health Care Act. It is managed by the Health Resources and Services Administration (HRSA) Office of Pharmacy Affairs (OPA).
The Federal 340B Program was developed to increase access of drugs at an affordable price for inner-city communities. While the intention is good, the ensuing complexities of managing FQHCs (Federally Qualified Health Centers), especially in terms of avoiding committing fraud have made 340B management a growing concern for healthcare stakeholders.
PharMedQuest has developed and operated a 340B management program for its clients. Our unique knowledge, expertise, and experience in operating 340B pharmaceutical management programs enable us to design and provide innovative cost-effective pharmacy solutions to qualified 340B organizations. We have developed, negotiated, and operated full-service 340B programs for large 340B qualified organizations for about a decade.
Our ability to integrate technology, clinical expertise, network management, and inventory processes have delivered unprecedented savings and revenue-generation for clients while delivering the highest quality care and services to eligible patients.
We run one of the largest PACE programs on the West Coast through our P340B® program. PACE (or Program of All-inclusive Care for the Elderly) is a Medicare and Medicaid program that helps people meet their health care needs in the community instead of going to a nursing home or other care facility. You can find more information about PACE here.