The 340B Drug Pricing Program was created in 1992. Since its inception, multiple bills have been passed that expand the scope of the program. The rise in covered entities who participate in the 340B program has necessitated an increased commitment to auditing participating entities for compliance.
In 2014, The HRSA increased their budget for integrity and compliance by $6 Million. This augmented the operational and informatics branches with an additional branch that OPA (The Office of Pharmacy Affairs) established for audit and recertification.
HRSA audits are becoming more important as the scope of the 340B program increases. A few recent laws have broadened eligibility for DSH and FQHC which caused an explosion in 340B eligible entities and contract pharmacy participation. This sharp growth makes abuse of the system much more serious.
Maintaining the integrity of the 340B program and ensuring that it continues to stretch the resources of participating entities to as large a patient audience as possible is of utmost important to the HRSA.
Maxor’s 340B Audits & Consulting Services
340B Audits & Compliance
340B Audits are serious reviews conducted by government funded programs. We use our signature 340B program audit to test your entity’s HRSA audit preparedness. We separate our process into two major phases, Pre-Site and On-site. Learn more about how our review process works and attain confidence in your compliance: HRSA Audit & 340b Compliance
The 340B drug discount program can be difficult to navigate, especially when you are constantly managing compliance and internal processes. Maxor offers consulting services to analyze your pharmacy’s current purchases and processes to find ways that you can work more efficiently and effectively. Maxor understands the importance of stretching every dollar. Let Maxor help you optimize your pharmacy so you can apply your savings to fulfilling your core mission of improving patient care.
Learn more by visiting our 340B Mock Audits page.
13 Years of 340B Experience
Over a decade of continued compliance through the evolving HRSA audit guidelines provide Maxor with the tools and experience to ensure that your covered entity doesn’t need to worry about audit compliance and can focus on what matters, the patients. Learn more about The Maxor 340B Program Solution or Call 1-800-658-6146 to learn about how we implement our Maxor 340B Program Audit.