Download Is your hospital making the most of the 340B savings and revenue

Is your hospital making the most of the
340B savings and revenue opportunity?
We help disproportionate share hospitals increase revenue and savings from 340B programs by
covering more patients and capturing more prescriptions. Our 340B virtual inventory solution, trusted
by healthcare safety net organizations across the nation, can be implemented quickly, and without
start-up costs, inventory, or IT complications.
Capture more prescriptions.
We work with some of the largest drug store chains,
Your hospital may have split billing systems and
nation, to offer hospitals:
an outpatient pharmacy, but are patients with
340B-eligible prescriptions walking out the door?
plus hundreds of independent pharmacies across the
❏❏ More contract pharmacy choices.
❏❏ More revenue by capturing more 340B scripts.
In many hospitals, more than 80% of outpatients
fill prescriptions at outside pharmacies. We help
hospitals build contract pharmacy networks to
❏❏ The ability to capture third party scripts at the
pharmacies that patients rely on today.
capture these prescriptions and increase 340B
Your 340B pharmacy network can include specialty
savings and revenue.
pharmacies to dispense oncology, HIV and other
high-cost medications where the revenue potential
is the greatest.
85% of patients have scripts filled at
outside pharmacies.*
Outpatient Clinic
We can help. We build seamless networks of
mail order, specialty and retail pharmacies to capture savings
Outpatient Clinic
and revenue lost to outside pharmacies.
*Averages based on data from a major PBM. Actual percentages will vary.
What many
hospitals do today.
The Opportunity
In-House
Outpatient Services
Eligible
Employee-Patients
Other
Outpatient
Services and
Downstream Entities
Outpatient
Prescriptions
Filled at Outside
Pharmacies
Cover more patients.
We can help you maximize 340B revenue and
savings by expanding your program to include
prescriptions written for:
❏❏ Employee patients.
❏❏ All eligible outpatient services, including ER, same
day surgery, and other facilities.
Employee Benefit Savings
Hospitals can reduce drug benefit costs for employees who
are also 340B eligible patients. We can help you identify
and enroll employee patients and provide them convenient
access to 340B medications at local pharmacies.
The result: Your hospital can save up to 50% off drug
benefits for eligible employees.
❏❏ Prisons, jails, state and local government programs,
hospices and other downstream entities.
Simplify 340B.
Hospital staff, IT departments and budgets are already
stretched thin. That’s why we’ve designed our program to
grow revenue and savings, without increasing overhead.
Our 340B. Simplified. program can be implemented
without additional costs, inventory, or administrative
burdens. For your management staff, this means:
❏❏ COOs. Our technology handles all aspects of 340B
administration, including eligibility, inventory, third party
payments and financial management. Our web-based
virtual inventory software seamlessly manages the flow
of information, inventory and payments between the
hospital, wholesalers and contract pharmacies.
❏❏ CIOs. The 340B. Simplified. technology is less invasive to
hospital management systems than other programs on
❏❏ CFOs. Expand your 340B program without start-up
the market today.
costs, management fees or additional staff, and generate
millions of dollars annually in new revenue and savings.
❏❏ Compliance Officers. We offer real-time regulatory
reporting and industry-leading safeguards to prevent
Unlike other vendors, we have taken the financial risk
out of 340B: The 340B. Simplified. technology only
collects a fee on scripts that save money or generate
revenue.
drug diversion.
The 340B. Simplified. Difference
Lowest Price Technology. Although 340B prices can be
Your 340B Partner and Consultant. Our team includes
up to 60% below retail, 340B is not always the lowest
experts in health IT, pharmacy operations, finance and
available price. To address this, our technology scans all
regulatory compliance. We will design a program that
pharmacy pricing and processes the prescription using
meets your hospital’s policies and priorities and will help
the approach that is most cost effective for the hospital
you develop 340B standard operating procedures.
and least expensive for the patient.
Ongoing support. After your plan is up and running,
Independence and Flexibility. We can work with any
we monitor it continuously and update it to meet your
wholesaler, pharmacy, or claims processing switch. This
hospital’s changing requirements and the dynamic
allows us to provide your hospital with the lowest prices,
regulatory environment.
maximum flexibility and revenue.
340B Program Marketing. We offer hospitals targeted
marketing, media and community outreach programs to
increase patient traffic and maximize 340B prescription
capture and utilization.
For additional information, call (866) 958-340B or visit www.SUNRx.com
Simplicity. Access. Savings. Compliance.