340B Compliance

  • Performance Center - 340B Compliance

Optimizing Your Medication Distribution Strategy

For health systems that include 340B covered entities, maintaining the required audit trail for inventory dispensed through a central location can be a challenge, especially for hospitals subject to GPO prohibition. With Performance Center, health systems are able to optimize their medication distribution strategy for their hospitals, including 340B covered entities, to achieve significant financial and operational benefits, including:

  • Increased volume of medication inventory processed through centralized services
  • Better visibility to 340B program compliant inventory, eliminating need to manually process separate physical and separate virtual inventory
  • Guidance for replenishment requests based on reorder points, minimizing manual processes for reordering
  • Documented audit trail as medications move between locations, proving compliance with GPO prohibition
  • Automated data capture to minimize impact on staff

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