SpendMend Pharmacy 340B Referral Capture

SpendMend Pharmacy utilizes over a decade of experience to ensure your referral captures will meet compliance testing during a HRSA audit.

Our team of experts identifies existing referral capture opportunities, while capturing new opportunities as well.

Our team documents all the necessary elements needed to meet HRSA auditor expectations so you will never be at risk of financial payback to manufacturers. The net result is additional savings for your organization in a compliant manner.

How 340B Referral Capture Works

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1. PCP is referred by Patient to outside provider; SpendMend Pharmacy receives the referral information.

Step Two
Step Two

2. Outside provider prescribes RX for Pt; Pt fills at Contract Pharmacy.

Step Three
Step Three

3. SpendMend Pharmacy matches referral, RX, and data feeds.

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4. SpendMend Pharmacy coordinates clinical care and prescription documentation in EMR.


 

Step Two
Step Two

5. SpendMend Pharmacy verifies all documentation is in place.

Step Three
Step Three
6. SpendMend Pharmacy qualifies the compliant RX.

Why Is 340B Compliance So Important?

The 340B Program requires drug manufacturers to sell outpatient drugs at a discount to CE’s for their drugs to be covered by Medicaid. HHS and HRSA administer the program and oversee program compliance through annual audits, among other efforts.

If an audit identifies noncompliance issues, HRSA requires corrective action to continue in the 340B Program. Maintaining participation in the program can earn pharmacies a range of 20-50% savings on annual drug costs.

Benefits of Using SpendMend Pharmacy 340B Referral Capture Service?

Earn significant savings opportunity on drug purchases

Every referral captured has the documentation needed to pass a HRSA audit

Leverage 250 combined years of 340B expertise and experience
Stay knowledgeable on ongoing HRSA audit changes
SpendMend Referral Capture presents all of our referral capture savings in one simple report. The solution has helped us to easily identify potentially eligible referrals while capturing additional 340B savings without adding additional work or integrations.
Mat Slaybaugh, CEO at Garfield Memorial Hospital
DATA SHEET
SpendMend Pharmacy – Professional Services

SpendMend By The Numbers

CURRENT CLIENTS

AUDITS COMPLETED

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AVERAGE SAVINGS ON ANNUAL DRUG SPEND

HRSA AUDITS SUPPORTED