Audits are going to happen. Are you ready?
According to the HRSA OPE website: “All 340B covered entities are required to maintain auditable records and are expected to conduct annual audits of contract pharmacies that are performed by an independent outside auditor as a way to fulfill their ongoing obligation of compliance.”
Depending on your 340B registration, requirements may include annual independent outside audits too. The CPS 340B team can do all of that for you.
Our team of pharmacists and analysts will perform an extensive independent review of all 340B elements to ensure compliance while uncovering savings opportunities.
Our team of 340B experts will work diligently with your covered entity to extensively review all elements of the program. We’ll evaluate compliance and integrity while optimizing savings from 340B. We will perform comprehensive mock audits and program assessments to ensure you are in compliance with HRSA standards and best practices. We will provide a report and/or action plan to help you comply with program expectations and be prepared for HRSA audits.
In addition, we can review and assess policies, procedures and contracts as well as activities of the 340B Oversight Committee and review purchases and program setup to uncover savings.
Unmatched 340B Expertise:
Our 340B expert team has been at it since 1992, when the 340B Drug Pricing Program launched. We’ve worked in covered entities and are experienced with all types of 340B programs, including large health systems, DSH, CAH, FQHCs, Ryan White and Hemophilia programs.
We know the HRSA standards inside and out. Our 340B team members are graduates of 340B University with some serving as faculty. We have also been represented on the Board of Directors of 340B Health. We’re a corporate partner with 340B Health and a previous HRSA peer-to-peer member that provided support to 340B members and education through the P2P webinar series.
With CPS as your partner, you can tap into our 340B expertise and support anytime you need it.