The history of 340b has been told many different ways, and if you’re a Covered Entity, you’ve probably heard it a couple of times. What you may not know about the 340b program is that it is a compliance program.

The federal government mandates that manufacturers of pharmaceuticals make medications available to the patients of last resort, under-served, under-insured and vulnerable. The method of offering discounts makes it highly susceptible to fraud. HRSA suggested procedures and policies that Covered Entities should follow in order to maintain compliance with the Manufacturer discounts. If you’re reading this, it probably means that you may not be…And that’s okay, lets help you get back into compliance.

A section of the 340B P&P was an internal audit of the pharmacy program. Do you know the questions to ask? Do you know how to present it to the executive team, audit committee or board of directors?

Through PharmaSEE, we will make sure all of your contracted vendors provide a continuous stream of audit-ready information provided to you in order to properly manage and comply with HRSA. We will not only streamline the consolidation but provide auditable, Accrual and Cash basis financials on the operations of the program.

Pharmalytiq LLC
85 Broad Street, 9th Floor
New York, NY 10004