RxPreferred’s 340B Administration service is built to partner with hospitals, health systems, clinics, and pharmacies as a fully transparent administrator. Their goal: to help optimize 340B savings under a compliance-driven approach, with custom program design and ongoing oversight.
Key Features:
- Reporting & Analytics: More than 70 interactive reports, dashboards, and business intelligence tools for executive summaries, down to deep program evaluation
- Referral Capture: Automated, proprietary systems to identify and capture referral claims, highlighting gaps and enabling more eligible claims
- Program Management & Compliance: Dedicated 340B team (Apexus Certified Experts™), audit support, compliance oversight, and tailored program administration
- Contract Pharmacy Support: Connect with independent, chain, and specialty pharmacies with compliant invoicing structures, dispense/administration fee handling, and reporting tools
- Pharmacy Collaboration: For pharmacies, RxPreferred offers virtual inventory tracking, program viability analysis, and minimal disruption to existing workflows
By relying on RxPreferred’s 340B administration, pharmacy and health system leaders can strive for stronger capture rates, better compliance, and hands-on support from experts—all without having to manage the complexity in-house.
