Welcome to the June edition of RxStrategies’ 340B Insider, a concise communication to provide a quick highlight of updates from RxStrategies’ view.
340B INDUSTRY NEWS
Read below for recent news from 340B Health.
HELP Committee Hearing Update: Support for 340B Hospitals and Other Providers Continues
Members of the Senate Health, Education, Labor, and Pensions (HELP) Committee expressed support for 340B hospitals and other providers during a June 19 hearing on Capitol Hill, the committee’s third this year. Senators debated ways in which the program could be strengthened but the hearing ended with no indication that the committee plans to draft or act on 340B legislation anytime soon.
Click here for a recording of the full committee hearing: “Effective Administration of the 340B Drug Pricing Program”
340B Health Confirms Two Additional Days Added to 340B July Registration Dates
Health Resources and Services Administration (HRSA) has confirmed to 340B Health that Tuesday, July 17 will be the final day during the third calendar quarter for hospitals and other eligible providers to register to participate in the 340B program starting October 1. This is due to the Independence Day federal holiday and July 15 falling on a Sunday.
HRSA Audit Feedback
RxStrategies recently participated in several HRSA audits with The Bizzell Group and noted the following:
- Audit reviews are increasing in frequency and review depth.
- Auditors are focusing on CEs’ detailed internal track record of self-audits and compliance testing, and specific use of 340B savings.
Contact your RxS Account Manager to assist in reviewing and enhancing your audit readiness.
Join RxS at the 340B Coalition Summer Conference
RxStrategies is pleased to be a Pinnacle Leader Sponsor for the 2018 340B Coalition Summer Conference, being held in Washington, D.C., July 9 – 11.
Let’s Connect: Our team will be connecting with industry leaders to gain insight and discuss the latest 340B legislative updates and emerging market issues.
Meet the RxS Team: Stop by booth #67, 68, 69 or contact us to schedule an appointment.
Schedule a Demo: RxS is introducing enhanced Mixed-Use and Enterprise solutions during the conference. Contact Krista Scanlon to schedule a 340B CompliancePlus (Self-Audit Tool) demo and view our Dashboard Analytics tools that support a compliant 340B program.
Attend a Session with an Expert: Breakfast – July 10 at 7:30am – “340B Lessons from the Field (Part 2)” in the Ambassador Ballroom. RxS presenter – Rhodie Smith, VP of Contract Pharmacy Sales.
Unable to attend? Send questions we can raise on your behalf by contacting your Account Manager.
CALENDAR OF EVENTS
Join the RxS team at the following conferences:
340B Coalition Summer Conference
July 9 – 11 | Washington, D.C.
NACHC Health Institute – Community Health Institute & EXPO
Aug. 26 – 28 | Orlando, FL
APHCA Annual Conference
Oct. 2-4 | Orange Beach, AL
ASHP Midyear Clinical Meeting
Dec. 2-4 | Anaheim, CA