Seamlessly manage your 340B programs with highly differentiated technical expertise

Track 340B eligibility, inventory replenishment and audit compliance to save on administration costs and effectively manage and administer the 340B program.

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Managing 340B program participation and compliance is cumbersome for even the most resourceful of organizations.

From executing calculations through reporting and audit preparedness, it is a
job big enough to require dedicated employee(s) and systems.

The biggest challenges healthcare entities face with 340B are:

HRSA regulatory compliance
Inferior data quality standards
Unclear pricing methods with frequent changes
Ambiguity around Medicare reimbursement
Varying rules for purchasing different types of drugs
Safeguarding against drug diversion
Complex operational processes
Effective inventory management

Powerful capabilities for holistic 340B management

Excellarate’s highly differentiated technical expertise within the 340B domain empowers organizations to easily implement solutions for seamless, effective 340B program administration.
Automated features and functions enable users to easily verify 340B eligibility, track claims, manage inventory replenishment, maintain preparedness for compliance audits, and more.

340B Technology Solution Benefits

Single platform solution

A single platform solution designed to manage the end-to-end procurement cycle and help you track your drug activity from pill procurement to patient payment. The 340B system facilitates in-depth tracking of drug activity at the 11-digit NDC level for a comprehensive audit trail and helps gain new insights into your pharmacy operations.

Bottom line impact

Identify and resolve unmapped revenue items to positively impact your bottom line.

Determine drug costs by monitoring the ratio of purchases to dispatch. Find and fix price differences where there exists a mismatch between contracted and invoice prices or where the cost is greater than the national average for an NDC.

Get lower costs and nominally priced items based on the NDCs you typically order.

Robust inventory management

Enable effective management of inventory and procurement across multiple ordering platforms, wholesaler accounts, and pricing contracts.

Customizable reporting

Robust customizable reporting helps you drill down into your data to gain better insights. Leverage historical data to predict future drug spending.

Effortlessly integrate with third-party data sources, including pharmacy software and invoicing.

100% audit compliance

100% audit compliance using built-in, specialized audit capabilities.

Complete audit readiness

100% audit compliance using built-in, specialized audit capabilities.

50-60% cost savings

Customized, automated workflows and decision-making processes yield up to 50-60% cost savings from reduced per-claim processing costs. Minimized pricing discrepancies avoids repeat processing of invoices with up to 99% accuracy.

EDI and Flat File Support

File Ambassador is an electronic data interchange (EDI) tool that provides a mechanism for extracting data from external sources, transforming it to a normalized data format, and then loading it into an end target or repository. It facilitates back-end processing services across various healthcare domains.

Key features:

  • Dashboard and reporting
  • Web-based user interface (UI)
  • Data validation
  • Easy configuration
  • Seamless data integration
  • File management

Key functions:

  • Data transfer
  • File management
  • Scheduling
  • Tracking
  • Error handling
  • Reporting

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