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Many factors go into running a successful 340B program like maintaining compliance with HRSA and finding the right TPA partner to provide all your technology and reporting needs. The 340B landscape can also feel challenging and uncertain, with new manufacturer restrictions and legislation continuing to add complexity. Your program’s success hinges on having control and full understanding of your patient prescription distribution.
The Right 340B TPA
Managing contract pharmacies can be a complex and time-consuming task. The utilization of a 340B TPA (Third Party Administrator) is essential for effective control and visibility of your program. These specialized partners often offer enhanced reporting capabilities providing critical insights into pharmacy performance, alongside advanced virtual inventory management systems streamlining operations and maintaining compliance with 340B program requirements.
Exceptional Support
When looking for a 340B TPA, the technology and reporting aren’t the only aspects to consider in a vendor. Having a trusted support team of experts, who proactively find program opportunities and efficient in communication is vital because staying up to date with the shifting 340B landscape is challenging.
This is what sets Nuvem apart: A dedicated support team that makes you feel like you are never alone in navigating the complex 340B landscape. Healthcare is your #1 priority, supporting you is ours.
As a Nuvem client, you are assigned a dedicated Account Manager that is available to answer questions and act as an extension of your team. You are also backed by a large onshore development team committed to upgrading, enhancing, and designing new 340B technology features.
Nuvem provides a holistic program solution, with 340B Technology and support at the core, empowering Covered Entities to manage 100% of patient scripts. Our 340B Technology solution simplifies the management of contract pharmacy partnerships, with optimized communication and data exchange between CE’s and contract pharmacies. You will have access to over 70+ reports in our customizable 340B Technology dashboard with flexibility, to meet your program’s unique needs.
Our holistic program support doesn’t stop at TPA services. Nuvem also provides a suite of services designed to find additional savings for your program through qualifying more claims, and mitigating the impact of manufacturer blocks:
- Advanced Referral Program identifies referral claims that may be eligible for 340B savings and backed by referral coordinator who actively reviews each claim.
- Manufacturer Impact Services performs an analysis of your entire Contract Pharmacy network, including those pharmacies outside the Nuvem network, and guides you through contract pharmacy registration.
- Comprehensive Pharmacy Management services including start to finish in-house pharmacy build with continued assistance… and more.
We are committed to providing your organization with a thorough program analysis to find new opportunities, so your 340B pharmacy program thrives. Even programs that have achieved success may be able to deliver improved results. Visibility and insights allow your organization to make more informed decisions leading to more savings, allowing you to deliver more for your communities.
As the 340B landscape shifts with updated regulations and requirements presenting new challenges, it is crucial for Covered Entities to have a solid understanding of essential elements for a successful 340B pharmacy program. Nuvem offers a holistic solution for managing all aspects of your program, providing control and visibility to enable your success.
