Sep 02, 2016

Press Release: Visante Audit Validates ScriptPro Real Time 340B Processing

Press Release – For Immediate Release

Visante Audit Validates ScriptPro Real Time 340B Processing

MISSION, KS – ScriptPro announces that its unique real time 340B processing system has successfully passed an intensive audit performed at University of Kentucky by Visante Inc. Visante is a leading firm in 340B audit and compliance support and is completely independent with no fiduciary relationship to ScriptPro or any other split-billing vendors. The audit covered over 100,000 prescriptions processed in UK pharmacies during the first half of 2016. According to Gary Johnson, Chief Pharmacy Officer of UK, "The audit confirms what we already knew. We can rely on the accuracy of ScriptPro's real time processing system to ensure compliance with complex 340B regulations."

Jim Jorgenson, Chief Executive Officer of Visante, commends ScriptPro saying, "Visante congratulates ScriptPro for recognizing the critical value of the 340B Drug Pricing Program and for the decision to have its system evaluated by external, independent consultants." The audit report concludes, "Visante feels confident that with continued focus on the 340B Program, and with the support of covered entity partners, ScriptPro will continue to provide a successful and compliant software solution to UK and other customers."

ScriptPro's real time 340B compliance engine differs from after-the fact-processing methods used by other split-billing systems. According to Mike Coughlin, ScriptPro's President and CEO, "Our 340B determinations are made by the pharmacy management system as prescriptions are filled. The system can then automatically direct staff to use 340B drug stock for qualified prescriptions. And it provides a basis for direct verification of prescription transactions rather than through analysis of aggregate data accumulations."

Johnson concurs with the importance of a transaction based approach. He says, "As stated in the Visante report, ScriptPro goes beyond the capabilities of other split-billing vendors when its qualifying logic can extend to considering the locations where prescriptions are written. This supports both flexibility and accuracy in qualifying prescriptions for 340B."

ABOUT SCRIPTPRO: ScriptPro provides a comprehensive, integrated platform of robotics-enabled systems to optimize retail and ambulatory pharmacy operations, promoting safe and effective medication use, including automated inventory management, telepharmacy integration, and support for specialty pharmacy services, high-risk/high cost medications, 340B dispensing, and third party financial management. For more information, go to www.scriptpro.com.

ABOUT VISANTE: Visante, with offices in the U.S., Canada, and the United Kingdom, provides medicines management consulting to a wide variety of healthcare entities, including hospitals, health systems, managed care organizations, health IT and technology firms, and pharmaceutical manufacturers. Visante helps clients optimize medication use, increasing the quality of patient care and managing costs. Founded in 1999, Visante is comprised of consultants who are pharmacists, physicians, nurses, finance, and IT professionals, each with 20 or more years of healthcare experience. Learn more at www.visanteinc.com.

Market Buzz

Jun 03, 2019 PrimeCare® Integrates MedTek21® to Offer Facility-based Genomic Testing
May 22, 2019 Letco Med Announces the Launch of a New Industry-Leading Website and E-Commerce ...
May 17, 2019 MEDISCA Granted Planetary Mixing Patent and Exclusive Distribution Agreement
May 02, 2019 Transaction Data Systems (TDS) Delivers Smarter Approach to Claim Reconciliation
Apr 22, 2019 Visante healthcare consulting firm announces Judi Jacobi, PharmD, to join consul...
Apr 17, 2019 As an aging population demands more efficient pharmacy solutions, the founder of...
Apr 17, 2019 Adam Wallace Named Chief Technology Officer at Transaction Data Systems (TDS)
Apr 15, 2019 PharmaLink to Exhibit at 2019 Asembia Specialty Pharmacy Summit
Apr 04, 2019 Transaction Data Systems (TDS) Announces Acquisition of Pharm Assess, Inc.
Apr 01, 2019 Chad Collins Named President of Akro-Mils and Jamco Products
Mar 22, 2019 Tutela Welcomes Octapharma Plasma
Mar 18, 2019 Verity Solutions Recognized as Category Leader for 340B Management Systems in 20...
Mar 07, 2019 Stormont Vail Health Partners with Omnicell to Enhance Medication Management Str...
Mar 06, 2019 Rebranding Focuses ALG Mission - Combining Our Best to Bring You Our Best
Mar 04, 2019 RXinsider Celebrates 20 Years, 1999 - 2019
Feb 28, 2019 Lupin launches Generic Ranolazine ER Tablets in U.S.
Feb 18, 2019 QS/1® Offers Compliance Packaging Label Solution
Feb 15, 2019 QS/1 Partnership Offers Compliant Patient Communications
Feb 14, 2019 RXinsider is Proud to Welcome our Newest Partners!
Feb 12, 2019 Albertsons Companies Pharmacies Adopt TemperPack's ClimaCell™ Packaging
Feb 07, 2019 Fagron Launches New Brand Identity and Purpose
Feb 07, 2019 Medicine-On-Time has come together with Clinical Support Services, a leader in M...
Feb 04, 2019 Letco Med and Ananda Professional Partner to Bring CBD and Education to Compound...
Jan 30, 2019 Texas Children’s Hospital Expands Partnership with Omnicell
Jan 16, 2019 Helmer Scientific Launches the First Professional Medical-grade Refrigerators
Jan 15, 2019 The Compliance Team™ celebrates 25 years of accreditation transformation
Jan 11, 2019 CORE Higher Education Group partners with Pharmacists Mutual
Jan 10, 2019 SCA Pharma Awarded National Outsourced I.V. Admixture Services Agreement with Pr...
Jan 08, 2019 Tutela Welcomes the Center for Organ Recovery and Education
Dec 13, 2018 PharmaLink Launches Updated Website

RXinsider Product Overview Videos