"In this current era of reduced 340B savings, especially for the hospital entities that are affected by manufacturer restrictions, that are seeing their budgets reduced and getting pressure from senior leadership to do more with less and not be able to expand their teams - automation, if used effectively, can be a strong complement to maintain a strong compliance framework and oversight with fewer resources available internally."
Managing a 340B program means juggling multiple data streams, tracking complex patient eligibility requirements, and maintaining rigorous compliance standards. Program administrators responsible for managing mixed-use settings, multiple contract pharmacies, and intricate TPAs recognize that automation isn't just an optional enhancement - it's necessary to maintain program integrity and optimize 340B operations. Read More >
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.
