By Eric Howard, Regional Vice President of Sales, 340B Compliance Services
In the complex and rapidly changing world of healthcare, ensuring 340B compliance is a crucial yet challenging task. As a sales representative for SpendMend, I’ve had the unique opportunity to observe the stark difference between our auditing approach and that of competitive firms.
The SpendMend difference lies not just in our methodology but also in our team of dedicated experts, and our commitment to providing continuous support. Let’s delve deeper into what sets us apart.
Unrivaled Expertise and Continuity
SpendMend boasts a team of 35 full-time Apexus Certified Experts (ACEs) and 12 Doctors of Pharmacy (PharmDs). This expert team is the cornerstone of our auditing process, providing invaluable insights and knowledge about 340B program requirements, best practices, drug pricing, utilization, and compliance.
With this high level of expertise within our team, we are able to provide prompt and accurate responses to all client queries. Moreover, our full-time staffing model ensures continuity in service, giving clients a consistent experience from the initial audit stage to follow-up queries.
In contrast, many competitive firms contract out to part-time resources. While these firms can deliver quality audits, the lack of dedicated auditors could potentially result in delays and inconsistencies.
Competitive Pricing without Compromising Quality
One of the most striking differences in SpendMend’s approach is our pricing model. Despite having a full-time team of experts, we charge competitive rates for our auditing services and follow-ups. We believe in transparency and fairness in pricing to ensure our clients receive top-notch service without any hidden costs.
On the other hand, we’ve observed that competitive firms may initially seem less expensive due to their lower upfront fees. However, this often comes with a caveat: they can’t commit their part-time resources for follow-up services. As a result, clients may find themselves facing additional charges for add-on services at the end of an audit.
The nature of contracted employees inherently challenges these firms’ ability to commit their staff to clients long-term, inevitably impacting both pricing and continuity.
The SpendMend Commitment
At SpendMend, we’re dedicated to providing comprehensive 340B compliance auditing services. Our expert team’s focus on continuity and competitive pricing model differentiate us from the competition.
We believe that in the realm of 340B compliance, dedication, follow-up, and transparency in pricing are not just added benefits but essential components in maintaining consistent compliance practices.
Choosing SpendMend doesn’t just mean selecting an auditing service. It means choosing a dedicated partner for your 340B compliance journey. With us, you can navigate the complexities of 340B compliance with confidence, allowing you to concentrate on what truly matters: Delivering quality healthcare.
