The 340B Drug Discount Program is a U.S federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations/covered entities at significantly reduced prices. The intent of the program is to allow covered entities to "Stretch scarce federal resources as far as possible, reachi...ng more eligible patients and providing more comprehensive services." Maintaining services and lowering medication costs for patients is consistent with the purpose of the program, which is named for the section authorizing it in the Public Health Service Act (PHSA) - Thanks Wikipedia More

Regulatory Compliance in 340B Program

Regulatory Compliance in 340B Program
Executive Summary Despite a solid growth in the world economy, the healthcare and life sciences sectors - medical services, manufacture medical equipment or drugs, provide medical insurance, bioengineering, pharmaceuticals, diagnostics, bioinformatics and biocomputing etc., are growing at a annual rate of nearly thrice that of any other s...
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Why Business Intelligence (BI) is an essential element in a 340B Application?

Why Business Intelligence (BI) is an essential element in a 340B Application?
Executive Summary of this Blog: ​ The increasing ubiquitous, difficulty, and seriousness of today's business intelligence (BI) applications have led   hospitals a.k.a covered entities to recognize the need for something more formal than a traditional IT support   center to maximize returns on their BI and performance management ...
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Economic Benefit of the Cloud based 340B

Economic Benefit of the Cloud based 340B
A Covered Entity typically has many different types of workloads to manage in its data center,  and some of these data processings will be a better fit than others for a cloud based environment.  Therefore,  to optimize your economic benefit from the cloud, you must first have a good understanding of the your workload requirements.&n...
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The Most Common Way 340B Entities Create Hybrid Environments through Data Integration

The Most Common Way 340B Entities Create Hybrid Environments through Data Integration
The most common way hospitals create hybrid environments is through integration at the data level.  To get a better idea of what this looks like, consider the example of a covered entity that has embraced cloud computing. The covered entity setup a private cloud for its IT professionals across three different geographical locations and establi...
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Why Should You Give Attention to Data Integration Requirements for Cloud based 340B?

Why Should You Give Attention to Data Integration Requirements for Cloud based 340B?
Patients data is the most basic raw material required for building patients relationship.  Ironically, while the fundamental raw material itself has never been in abundant supply, transforming it into usable patients information and insight has never been more challenging.  Pharmacy Health Care Provider will gain faster Business...
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Six Steps to Getting Started with Cloud based 340B Solutions

Six Steps to Getting Started with Cloud based 340B Solutions
What are we going to discuss here?  - Listing your 340B needs and success criteria - Considering all factors in the total cost of ownership - Taking your 340B software for a test drive before you buy Drop Blocks Here When Choosing a cloud based 340B software,  you want to be sure to check off the following six steps: ​ ​Evaluate your 340B...
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Comparing Cloud based 340B Solutions

Comparing Cloud based 340B Solutions
The growing adoption of cloud has legacy on-premises 340B vendors and recent market entrants to offer cloud versions of their 340B solutions.  Like any product or service, no two cloud based 340B solutions are the same  In this blog,  I explain some of the differences and what to look for among cloud based 340B solutions. Evaluating ...
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© This Blog illustrates the understanding Approaches to 340B solutions in the Cloud

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On-Premises versus Cloud based 340B Solutions

On-Premises versus Cloud based 340B Solutions
If you do not want to administer your own 340B data backups be sure to ask your potential cloud based 340B administer or provider how they configure their service. Likewise, if you need disaster recovery protection, be sure to confirm the provider's architecture users geographically separated data centers When you're in the market for a new 340B So...
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The Criteria for Selecting a 340B Automation Software

The Criteria for Selecting a 340B Automation Software
The trends discussed in earlier blog  have led to a need and an opportunity for a new kind of 340B Automation. One built for the volumne, accuracy, diversity, and velocity of today's 340B data and for the new ways covered entity use their data.  Such a solution must take advantage of key technology innovations in 340B space including the ...
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Happy Thanks Giving 2018! Getting Up to Speed on Cloud based 340B Solution!

Happy Thanks Giving 2018! Getting Up to Speed on Cloud based 340B Solution!
In one form or another, cloud computing and software-as-a-service (SaaS) have been around for decades.  But Cloud340B - SaaS for 340B solutions has only recently emerged as an alternative to conventional, on-premises 340B automation and similar types of solutions that have appeared in recent years. Why? Why now? What's changed?  In t...
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Cloud340B- a 340B Cloud Automation and Auditing Compliance Software for Pharmacies and Covered Entities

Cloud340B- a 340B Cloud Automation and Auditing Compliance Software for Pharmacies and Covered Entities
What is 340B Program? ​ The 340B Drug Discount Program is a U.S federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations/covered entities at significantly reduced prices. The intent of the program is to allow covered entities to "Stretch scarce federal resources as...
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Industry Trending 340B Realtime Adjudication Process

Industry Trending 340B Realtime Adjudication Process
340B Real-Time Adjudication (RTA) of claims is a relatively new concept in the 340B healthcare industry. 340B RTA refers to the immediate and  complete adjudication of a 340B healthcare claim upon receipt by the payer from a 340B Covered Entity. Unlike the current method of submitting and processing claims in batches over a period of week...
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How to build an effective 340B Data Integration Solutions - Part III

Advertently I made this subject as Part III of building an effective 340B Data Integration Solutions.  Actually I want this subject to be like " Specify the uncommon and unusual on the long tail in Data Integration Journey ".   Recently I'm focusing on my writing efforts which is very specific to data integration and you know that its my ...
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How to build an effective 340B Data Integration Solutions - Part I

What is 340B Drug Pricing Program? The 340B Drug Discount Program is a U.S federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations/covered entities at significantly reduced prices. The intent of the program is to allow covered entities to "[s]tretch scarce federal...
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How to build an effective 340B Data Integration Solutions - Part II

I was wondering why should I lean towards the multiple episode of 340B Integration solutions.  It was one fine morning, received a few phone calls from the customer about the data corruption.  They got really panicked because it was end of the month and monthly invoice generation should have been completed.  when they reach out to me...
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HRSA Regulatory Update for 340B Program

To effectively address or implement the 340B, following steps need to be followed. They are Specific Data Elements for Transactional Sample 1. An identifying number (prescription number or any other prescription tracking number) 2. Admission and discharge date and time (source might be ADT System or other hospital data source) 3. Date of Service (d...
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The Top 5 Reasons: Fundamental Reasons of 340B Program Data Consolidation Inefficiency

The Top 5 Reasons: Fundamental Reasons of 340B Program Data Consolidation Inefficiency
This is a proven technique to be known by business professional as "Top 5 Reasons" used in IT industry that helps to locate or describe exactly the problem.  The Ability of your 340B program administrator will be greatly enhanced if your a clear understanding about the Top 5 Reasons of 340B Program Data Consolidation Inefficiency. These below ...
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How to accelerate your 340B Program with Cloud340B - a 340B Automation Software?

How to accelerate your 340B Program with Cloud340B - a 340B Automation Software?
AutomatedInventory Replenishment ensure High availability of drugs at stores and Realtime Invoice Generation ​ Today's most contract pharmacies and hospitals who participate in 340B program recognize that leveraging their fragmented data and integrating it effectively to turn into a corporate asset,  is the key to accelerating the 340B Program...
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© Automated Inventory Replenishment ensure High availability of drugs at stores.

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What is the direct link between Quality of your company's data and its Business Performance?

What is the direct link between Quality of your company's data and its Business Performance?
There is a direct link between quality of your company's data and its business performance. High Quality data keeps your company competitive in a volatile and turbulent economic challenges. To operate at a peak level of its efficiency, comply with the growing number of regulations and better manage risks, your company should have a high qualit...
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