The client provides 340B reimbursement management solutions to pharmacies. Using an online system that features tracking and reporting of pharmacy information, pharmacies are able to offer drug distribution services on behalf of covered entities in compliance with the federal 340B program.
The client was seeking a partner to help build an online, pharmacy-centric 340B solution that would enable pharmacy customers to seamlessly manage high volumes of 340B reimbursements. maintain compliance, generate accurate reports, and remain audit-ready.
The client selected Excellarate for our deep expertise in the 340B space, our technical aptitude and extensive experience building out 340B solutions. In addition, Excellarate’s expertise in Agile project management, including the creation of our own Agile SDLC framework, our ability to customize the engagement model to support deployment of offshore, onshore and hybrid development teams, and our leadership and expertise in QA automation were among the top reasons the company chose Excellarate.
Excellarate’s team of professionals with 340B domain knowledge, strong technical acumen in building web-based applications and disciplined agile project management skills, were able to build and deploy the first phase of the 340B solution within just 6 months. Excellarate delivered a state-of-the art, highly scalable solution with features such as claims processing, inventory swell, order management, central replenishment and reports.
The rapid build-out and delivery of the initial 340B solution helped the client to gain early entry in the 340B space, and to eventually become an industry recognized provider of pharmacy-centric 340B solutions.
Excellarate’s frameworks helped to reduce development costs and enable the client to go-to-market more quickly. For example, Excellarate leveraged an in-house file processing platform to help the client load and process thousands of claims within a significantly reduced window, in order to meet the terms of expected order processing Service Level Agreements (SLAs) .