As the New Year quickly approaches and 2016 becomes history, we decided to reflect on YOUR success with the 340B program. PHV currently manages 27 hospitals and 48 contracted pharmacies! The number of non-340B managed hospitals is up to 20 hospitals and 31 contracted pharmacies. This level of participation indicates that the 340B program is alive and well in Nebraska!
In addition to many independent pharmacies PHV contracts with 5 Shopko pharmacies and 3 Walmart stores, thus we have expanded the opportunity for additional 340B savings to our managed hospitals. As a measure of your success, PHV managed hospital saving this past quarter reached $967,769 on a drug spend of $4,151,185. Profitability with managed contract pharmacies is now at $19,649,053.
We wish everyone a Happy Holiday, and look forward to continued success through collaboration in 2017!