IME2 - Optimizing Your 340B Program: Leveraging Analytics for Effective Program Management

Session Description: Pharmacy operations are a cornerstone of a patient’s care continuum, whether it takes place within or beyond the walls of a community health center. Participation in the 340B program is an effective way to connect health centers with the pharmacies that patients are most interacting with, while simultaneously offering a mutually beneficial arrangement that allows health centers to generate and invest reliable savings to better serve their patient population.

This session will help to break down the barriers that may be preventing health centers from considering 340B program participation, while also demonstrating the steps needed to promote effective program stewardship for active covered entities. This is highlighted through the following:
- Improve internal reporting and oversight of 340B program
- Promote continuum of care by tracking prescribing and Rx fill activity
- Visualize key 340B metrics in a dashboard
- Understand the driving forces behind 340B net savings changes by drilling down into drug pricing, fees, and claim volume
- Foster positive vendor relations by defining and working toward shared goals
- Develop best practices regarding internal and external communications with 340B vendors, partners, and staff

This hands-on presentation will provide a real-life case study of building a system for effective 340B program monitoring from the ground up. The presentation will walk the audience through different metrics to manage a 340B program using various tools and frameworks, such as a 340B dashboard, to generate actionable insights and guide decision making at the highest level.