July 5, 2024
Crafting Compliant 340B Policies and Procedures
The success of aFederally Qualified Health Center's (FQHC) 340B Program hinges on robust and compliant policies and procedures.
Read MoreFor entity-owned pharmacies associated with Federally Qualified Health Centers (FQHCs), capturing referrals and claims, maximizing savings, and maintaining compliance with all 340B requirements are critical to daily operations.
Highland Health Providers (Highland), an FQHC, was established in 2015 to support medically underserved communities in central Ohio. In 2022, Highland hired Lauren Coor, a highly qualified pharmacist with major retail pharmacy experience, to establish a FQHC 340B-compliant entity-owned pharmacy with a 12-month timeline.
Highland wanted to work with experts who knew how to set up an entity-owned pharmacy from start to finish, and they found those experts at FQHC 340B Compliance. They held twice-weekly meetings to guide Highland on the various procedural, licensing, and contracting requirements to ensure 340B compliance.
FQHC 340B Compliance also responded quickly to any questions Highland sent their way, taking the time to point out opportunities and review work to catch oversights before they became a problem.
Highland was able to commence pharmacy operations within the 12-month deadline, confident that they were fully compliant with 340B. With this milestone, Highland sets its next sight on expanding access to pharmacy services.
Highland found FQHC 340B Compliance’s support so invaluable that they opted to continue their working relationship beyond the initial opening of their entity-owned pharmacy. To this day, the services FQHC 340B Compliance provides on a weekly, monthly, and as-needed basis continue to help Highland operate as an effective pharmacy that serves its community.
In the two years Highland has worked with FQHC 340B Compliance, they have seen rapid increases in revenue and prescription capacity, as well as steady and substantial growth in claims capture rates. Highland has maintained this tremendous, sustainable growth in large part due to Highland’s ongoing partnership with FQHC 340B Compliance.
Download the Case Study for In-Depth Statistics on How Partnership with FQHC 340B Compliance Helped Highland Health Achieve Rapid Growth
In the words of Lauren Coor:
"Their monthly fee? They can save me that in a day. If it's just one claim that they help me get covered or one issue they help me to make a claim eligible...their knowledge is worth it." - Lauren Coor, Pharmacist at Highland Health
To see the full impact of the partnership between FQHC 340B Compliance and Highland Health Providers, and see how FQHC 340B Compliance’s services support entity-owned pharmacies to both establish themselves effectively and accomplish rapid, sustainable growth, download the comprehensive case study of their partnership here. To learn more about how FQHC 340B Compliance can support operations and compliance at your Federally Qualified Health Center, connect with them today.
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FQHC 340B Compliance is the dedicated partner for Federally Qualified Health Centers seeking assistance with the 340B Program. Their mission is to provide the necessary resources to secure and optimize the 340B Program, enabling health centers to offer more comprehensive services to those in need. With a focus on improved compliance and oversight, they act as more than just consultants or automated systems, tailoring their services to meet your health center's unique needs. Visit their website, call (760) 780-7469, or email info@fqhc340b.com to learn more about FQHC 340B Compliance and how they can help your health center thrive.
July 5, 2024
The success of aFederally Qualified Health Center's (FQHC) 340B Program hinges on robust and compliant policies and procedures.
Read MoreJanuary 17, 2024
The success of aFederally Qualified Health Center's (FQHC) 340B Program hinges on a comprehensive and collaborative team approach to engagement. The 340B Program is often seen as a pharmacy program.
Read MoreNovember 27, 2023
Enhancing 340B Compliance: A Deep Dive into FQHC 340B Compliance’s Monthly Coordinator Service
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