340B

Advisory Services

Insights

Get step-by-step support and educational resources to help you understand the 340B contract pharmacy program and strategies to ensure success.

  • Identifying optimal 340B participants to engage as a contract pharmacy partner
  • Strategies and considerations for evaluating 340B software vendors and reimbursement models
  • Registration and onboarding processes
  • Mitigation strategies to prevent inventory swell associated with 340B replenishment
  • The role of brand drugs and generics in the 340B program

Implementation

Learn all the critical considerations you should take into account at every step of the way, from contract negotiations through program launch.

  • Essential contract levers
  • The impact on wholesaler discounts when replenishment is transitioned to your 340B partner
  • The importance of selecting the right third-party administrator and evaluation of centralized technology solutions to manage your 340B contract pharmacy partnerships
  • Avoiding compliance pitfalls and maintaining compliance with 340B program requirements
  • Key factors that impact inventory and benefits of utilizing your primary wholesaler for 340B replenishment

Growth and monitoring

Strategize diverse ways to develop and optimize your 340B program over time.

  • Reach providers in your area
  • Minimize operational and inventory impact
  • Avoid duplicate discounts
  • Differentiation of services for your patients who are serviced by 340B providers
  • Retain program integrity and documentation

Advanced analytics

Determine the value of your 340B partnership through data-driven analytics and identify areas for improvement. 

Inventory synchronization platform 

Automated solution to mitigate inventory swell associated with 340B replenishment. 

Pharmacy connect

Proactively identify Elevate pharmacies as potential contract pharmacies through collaboration with preferred TPA partners.