20WAYS TO IMPROVE PATIENT CARE & PHARMACY COST CONTAINMENT AutoSplit Contract Pharmacy and 340B Compliance Services by Talyst WINTER 2014 I HEALTH SYSTEM • INFUSION 41 President & CEO: Carla Corkern Founded: 2002 Employees: 100+ Toll-free Phone: 1.877.4.TALYST Phone: (425) 289-5400 Fax: (425) 289-5401 Address: 11335 NE 122nd Way Suite 200, Kirkland, WA 98034 Website: www.talyst.com Talyst understands a pharmacy’s need to optimize its 340B savings. For more than a decade, Talyst has supported over 400 health systems with their AutoSplit 340B software. Company Background Talyst is a market leader in pharmacy automation and your partner in pharmacy operations. Our solutions provide enterprise-wide medication management across your entire health system to offer greater inventory control, enhanced workflow efficiency and improved patient safety. Talyst has installed automated systems in more than 700 integrated healthcare systems, acute care hospitals, long-term care facilities, and correctional institutions. Talyst is dedicated to improving healthcare with innovative medication management systems, software and services to help caregivers serve patients. Product Overview With increasing complexity across the 340B program as well as the growing number of HRSA and manufacturer audits, it’s critical to have the right solution. More than half of the top Health Care Systems utilize Talyst solutions such as our AutoSplit® Contract Pharmacy and 340B Compliance Services. Our AutoSplit Contract Pharmacy program allows Covered Entities to affordably capture additional 340B savings from hospital scripts dispensed at retail and specialty pharmacies. Talyst has a number of unique program features that focus on making the process as easy as possible for the Covered Entity and the pharmacy. Features include immediate auditing, compliance and detailed reports showing the total scripts captured, total 340B savings and the total cost. In addition, Talyst offers 340B Compliance Services, which is an end-to-end managed service to ensure 340B compliance. With Talyst’s AutoSplit Fully Managed Solution, Talyst experts manage all facets of your 340B program. This allows health systems, IDNs and their contract pharmacies to boost savings by having dedicated 340B experts run the program and ensure audit compliance. Talyst's powerful AutoSplit® 340B software automatically monitors all pharmaceutical usage in 340B eligible healthcare organizations, optimizing returns on qualified transactions while maintaining compliance. AutoSplit's 3-way splitting is compliant with the recent HRSA policy. It works with multiple wholesalers simultaneously and has exportable reports to help maintain compliance. Talyst will assess and select 340B solutions and tools to help you develop a complete Audit Program that specifically addresses the following: 1) Patient Eligibility 2) Duplicate Discounts 3) GPO Exclusion 4) Contract Pharmacy Arrangements 5) Recertification Features & Options Talyst can help take the stress out of the auditing process. Our team of experts is available to be on-site at your location to assist you through your audit, helping to ensure a positive outcome for your organization. Talyst currently maintains a 100% success rate in customers who have been audited, having experienced no adverse findings to date. Additionally, we utilize our experts to stay abreast of regulatory changes – so you can have piece-of-mind knowing that you are on top of the ever changing requirements that govern the 340B program. Testimonial “I wanted to thank you and your team for the outstanding support during our HRSA audit. We very much appreciated your onsite presence and active support both before and during the audit.” Additional Product Lines AutoPharm® Enterprise, AutoPharm® Mobile, AutoCarousel® HD, Refrigerated AutoCarousel® HD, AutoVault®, AutoPack®, AutoLabel®, AutoPack® TableTop, InSite® Remote Dispensing, AutoSplit® Fully Managed, AutoSplit® Contract Pharmacy, and 340B Compliance Services. Trade Shows/Meetings Attended 340B Coalition Winter Conference, Spring Hospital Pharmacy Conference, ASHP Summer Meeting, Cardinal Apps Café, 340B Coalition Summer Conference, NPPA, Fall Hospital Pharmacy Conference, and ASHP Midyear Meeting. Ordering Information Talyst would like to partner with you to create the right 340B solution for your health system. For more information, please call: 1-877-4-TALYST x1
20Ways Winter2014 Hospital Edition
To see the actual publication please follow the link above