PBM | 340B Covered Entity Solution | Program Data Management | Clinical Pharmacy Solutions

340B Pharmacy Solution340B Covered Entity Solution

Ramsell Public Health Rx offers a complete end-to-end 340B solution for eligible entities seeking to take advantage of the 340B Drug Pricing Program. The solution includes a complete 340B contract pharmacy service, 340B patient management system and a 340B virtual inventory management system. Ramsell has the capability to handle everything from setup and implementation to ongoing management of the 340B dispensing process.

The 340B Covered Entity Solution is offered as a suite of solutions; or can be customized based on specific program needs; or available as individual modules.

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Resources

click to download 340B Covered Entity Solution Brochure - NEW!
click to download Leveraging 340B to Capture Revenue
click to download 340B Data Management and Reporting
click to download 340B Customer Snapshot

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340B Key Features     View all >>

Establishing a Contract Pharmacy

Cloud-based Delivery PlatformRamsell can partner with 340B covered entities and pharmacies to help design and develop a contract pharmacy network that best meets the needs of the covered entity and the patients they serve. Establishing a contract pharmacy network benefits the covered entity and the pharmacy.

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Establishing a 340B contract pharmacy network requires compliance to HRSA requirements and the management and monitoring of contractual obligations between the covered entity, the pharmacy, and coordination with the drug wholesaler. Ramsell Public Health Rx will work directly with the covered entity and the contract pharmacy to develop a process tailored specifically to the 340B program.

Cloud-based Delivery Platform

Cloud-based Delivery PlatformSecure Internet-based, cloud computing platform delivered through PMDC Systems™ that enables 24hour/365 day access to real-time 340B program and patient management tools with no extra costs associated with purchasing additional hardware or software.

Enrollment & Eligibility

Enrollment & EligibilityA highly intuitive graphical user interface (GUI) and comprehensive set of functionality that accommodates any 340B program. This module can interface with any patient management system and is designed to ensure that only eligible patients receive 340B medications at the discounted price. Covered entities can be assured of 340B program compliance to regulations established by HRSA.

Wholesaler Administration

Wholesaler AdministrationSeamless management of the wholesaler drug purchasing process through a standard set of electronic data interchange (EDI) files. The interface promotes a flexible order management process that can be either managed by Ramsell or the 340B covered entity. Our wholesale administration program significantly reduces time, and ultimately saves costs delivering essential medicines as bulk.

Third Party Payer Capture

Third Party Payer CapturePMDC Systems™ enables greater control over tracking 340B third payer sources. This allows for increased capture rate of third party payer and claims information, enabling 340B covered entities to recognize revenue from third party claims.

Medication Therapy Management (MTM)/Patient Adherence

Medication Therapy Management (MTM)/Patient AdherenceLeveraging the Ramsell Pharmacy Solutions Care Continuum Program (RCCP), 340B covered entity members can benefit from increased adherence to their medication regimen – resulting in an improved medical outcome. The end result is a reduction in overall medical costs for the covered entity, and a healthier patient population.

Price Monitoring

Price MonitoringDynamic, real-time monitoring and storage of 340B covered entity pricing to ensure up-to-date and accurate 340B pricing. PMDC Systems™ removes the burden of manual tracking of drug pricing by automating the real-time comparison of 340B pricing – both retail and other pricing methods.

Electronic Inventory Management

Electronic Inventory ManagementPMDC Systems™ Virtual Inventory Management module increases sales by maximizing availability of 340B medications. The module allows for real-time reconciliation of 340B inventory, replenishment, and order processing while maintaining accurate tracking of 340B inventory activity. This end-to-end process ensures that inventory of vital medications are always on hand.

Formulary Management

Formulary ManagementProgram sponsors have the flexibility to design a number of different formulary coverage levels. We can employ the use of your program’s defined formulary or a standard formulary benefit on behalf of your program. Formulary management services include, but are not limited to:

  • Development of drug dispensing policies
  • Formulary-based claim adjudication controls and formulary lists
  • Consultation services of pharmacists and staff experienced in formulary design

When designing a formulary, Ramsell Public Health Rx takes into consideration standards of care, cost containment, enforceability of limitations, and fraud prevention.

Reporting System

Reporting SystemIndustry leading, NDC 11 compliant 340B inventory reports series that provides real-time documentation of all inventory activity; 340B purchase order activity; as well as on hand and virtual drug inventories for 340B purchased medication.

Program Savings

Program SavingsThe complete suite of 340B Data Management System modules ensure HRSA compliant dispensing controls designed to minimize waste and contain costs. Integrating all components of Ramsell Public Health Rx’s 340B system ensures low dispensing costs; real-time drug utilization review and regular formulary management are designed with cost containment in mind.

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Recent News!

Ramsell Public Health Rx Secures Oregon 340B Contract

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