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2/20/2014340B Drug Discount Program: A New World of Increased Scrutiny and What This Means to Your OrganizationKarolyn Woo Miles Senior Manager Deloitte & Touché LLP Debra A. Music, MBA, CHC, CCE,
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How to fill out 340b drug discount program

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How to fill out 340b drug discount program:

01
Determine if your organization is eligible to participate in the 340b drug discount program. Eligible organizations include certain hospitals, clinics, and health centers that serve a large number of low-income and uninsured patients.
02
Register with the Health Resources and Services Administration (HRSA) Office of Pharmacy Affairs (OPA) to participate in the program. This involves completing an online registration form and providing all necessary supporting documentation.
03
Establish and maintain compliance with program requirements, such as maintaining accurate records, preventing duplicate discounts, and ensuring appropriate use of 340b drugs.
04
Implement systems and processes to identify and track eligible patients, prescriptions, and purchases. This may include integrating 340b-related activities into existing pharmacy or electronic health record systems.
05
Train staff members involved in the program on the rules and regulations of the 340b drug discount program, as well as their roles and responsibilities in program compliance.
06
Engage in ongoing monitoring and auditing to ensure program integrity and compliance. This may involve conducting internal audits, participating in HRSA audits, and implementing corrective action plans as needed.
07
Continuously stay informed about any updates, changes, or guidance issued by HRSA or the OPA regarding the 340b drug discount program. This will help ensure your organization remains in compliance and maximizes the benefits of program participation.

Who needs 340b drug discount program?

01
Covered entities: Hospitals, clinics, and health centers that meet the eligibility requirements set by the Health Resources and Services Administration (HRSA) are eligible to participate in the 340b drug discount program. These entities must provide a significant amount of care to low-income and uninsured patients.
02
Patients: The 340b drug discount program aims to benefit low-income and uninsured patients by providing them with access to discounted medications. Patients who receive care from eligible covered entities can benefit from the program by accessing affordable medications through participating pharmacies.
03
Pharmacies: Participating pharmacies play a crucial role in the 340b drug discount program by dispensing discounted medications to eligible patients. These pharmacies must comply with program requirements, including verifying patient eligibility and reporting drug utilization data to the Health Resources and Services Administration (HRSA).
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The 340B Drug Pricing Program is a federal program that requires drug manufacturers to provide outpatient drugs to eligible healthcare organizations at significantly reduced prices.
Eligible healthcare organizations such as hospitals, health centers, and clinics are required to participate in the 340B Drug Discount Program.
Organizations can enroll in the 340B Program through the Health Resources and Services Administration (HRSA) website and follow the guidelines provided.
The purpose of the 340B Program is to allow eligible healthcare organizations to stretch their resources and provide more comprehensive services to underserved populations.
Organizations must report detailed information about drug purchases, patient eligibility, and compliance with program requirements.
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