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Market Leaders Redefining Pharmacy Distribution: 340B Solutions, 340B Management

DISTRIBUTION: 340B SOLUTIONS, MANAGEMENT SYSTEMS

The 340B Drug Pricing Program is vital for safety-net healthcare providers, allowing them to enhance access to medications, reduce medication costs for vulnerable populations, and reinvest savings into community health initiatives. The 340B Drug Pricing Program is a U.S. federal program established under Section 340B of the Public Health Service Act of 1992. It requires pharmaceutical manufacturers that participate in the Medicaid Drug Rebate Program to provide outpatient drugs to eligible healthcare organizations, referred to as covered entities, at significantly reduced prices.


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Virtue 340B

Virtue 340B News & Announcements

Since our inception in November 2022, Virtue has swiftly risen as a trailblazer in 340B compliance. We perform mock audits that simulate HRSA’s rigorous reviews, helping covered entities identify risks and areas of non-compliance before actual audits. Our tailored approach, driven by seasoned healthcare professionals and 340B experts, evaluates program operations, policies, and controls. We ensure integrity and transparency by adhering to the International Standards for Professional Internal Auditing. Offering top-tier audit services at competitive rates, we make comprehensive 340B compliance accessible, transforming compliance challenges into manageable steps and optimizing program performance. Our commitment to excellence and expansion remains unwavering as we strive to become the best-in-class provider in the 340B industry.

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Posted by: RXinsider Staff

RXinsider is a multimedia publishing and technology company offering print publications, digital platforms, events, and content creation services to the B2B pharmacy market.

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