340B

Strengthen your 340b program, remain compliant

Is your Hospital or Covered Entity struggling to manage its’ 340B Program?

Are you lacking internal resources to maintain compliance and keep your 340B Program on track?

Do you need a wholistic program evaluation to ensure you are getting the most out of your 340B program?

At Prairie Health Ventures, we help healthcare leaders with challenges like these every day. Our expertise working with numerous rural organizations across the country allows our covered entity clients to keep their doors open, understand policy nuances, stretch 340B funds further, and reduce stress due to limited resources. PHV has two service offerings to help optimize your 340B program dependent on your needs: 340B Program Management or 340B Align.

340B Program management

  

PHV provides personalized assistance with all aspects of your 340B program from managing your 340B universe, to auditing program integrity to program optimization and more! We can manage your program with any Third Party Administrator (TPA), so there is no obligation to change. We have successfully completed many HRSA audits and continue to work hard to prepare our clients for their eventual audit and assist them through the process from beginning to end. For over a decade, we have built strong relationships with many key 340B stakeholders including wholesalers, TPAs, auditors, chain and specialty pharmacies, advocacy groups, manufacturers and more to serve your local communities. PHV currently assists rural hospitals of varying sizes, making our management program adaptable to your organization’s unique structure.

 

Our 340B Management Program Includes:

  • Facilitating contract pharmacy negotiations
  • Identifying and managing manufacturer restrictions
  • Optimization of 340B operations and financial/compliance benchmarking analytics
  • Registration and changes on the OPAIS website
  • 340B contract maintenance and management
  • TPA set-up and ongoing support
  • Educational opportunities
  • Establishing policy and procedures
  • Ongoing one-on-on support for any 340B questions or reporting
  • Maximizing 340B program opportunities
  • Access to additional 340B contracting opportunities
  • Self-Auditing and HRSA audit assistance
  • Complimentary 340B Health basic membership & The 340B Report membership
  • Connections for collaborative 340B issues and advocacy
  • 340B Align Reporting Included

340B Align

PHV specializes in finding 340B opportunities and blind spots for numerous rural Covered Entities across the country. Through our 340B Align analysis, we connect your organization’s goals to missed or new 340B opportunities, all for just a one-time fee. Our team uses proprietary metrics to deliver your organization a holistic analysis of your program and presents any findings or improvements and timeline to your 340B team. All 340B Align reporting is already included in our 340B Program Management option. The one-time 340B Align fee would be credited if your entity signs up for our 340B Management Program option.

Examples of 340B Analysis Types:

  • Contract Pharmacy Dispense Fee & Financial Analysis
  • NPI Provider Analysis
  • 340B ESP & Manufacturer Restriction Review
  • Clinic/Service Area Potential
  • Contract Price Check
  • Biosimilar Opportunities
  • And More!!

Looking for help with your 340B program?

What others say

Rick Zarek

Pharmacy Director, Gothenberg Health

I am a consultant for two hospitals that use PHV to manage their 340B programs. I find them to be very knowledgeable and helpful when I have questions or problems. They are always quick to respond and persistent in seeing a problem to the resolution. I particularly value the 340B education they bring our to our rural education each year.

michael logsdon

Pharmacy Director, Thayer County Health Services

PHV’s 340B management program is an essential component of our pharmacy team at Thayer County Health Services.  They are an extended member of our staff and go the extra mile to help us navigate the complexity of the 340B program and in turn maximize its’ potential to support our patients and our organization.

Their service provides our facility with expert analysis and supervision of the 340B program including assistance with auditing, contract review and development, risk management strategies, split billing vendor support, regulatory compliance support and many more. 

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