340B Is Complicated Terrain
Let CiiTA Guide You
You Have 340B Concerns
It is a disconcerting fact that the 340B Program is complicated and difficult to understand. As a pharmaceutical manufacturer, the cost and associated risks of the Program directly affect your bottom line, and you are almost certainly struggling with the management issues it creates. The financial risk associated with the Program is difficult to measure. Critical data is often unavailable. Duplicate discount and diversion cut into profit margins, requiring a significant effort to identify and mitigate. Self-disclosure letters from covered entities lack actionable detail and must be carefully processed.
Creating and maintaining a 340B management plan may seem daunting at first glance. Fortunately, it is not as challenging as it may initially appear.
CiiTA Has Solutions
Our experience and knowledge can provide you with a solid understanding of your 340B Program risk and help you navigate the complex management issues you are facing.
- We provide actionable insight into the risk from 340B Program growth, duplicate discount, and diversion.
- We are focused on providing repeatable findings and solid information to help you make informed business choices.
- We can identify specific distribution channels and drug types that are at risk and create targeted plans to address that risk.
- We can also help you develop a 340B management plan, including internal 340B teams and detailed 340B policies and procedures.
We Respect Your Customers
Above all, we respect and work to preserve your relationships with your customers. We understand that your customers are motivated to provide care, and that potential issues must be handled with tact and professionalism.
Our solutions are collaborative, allowing us to work in good faith with your customers to identify and remediate issues. They are also adaptable and flexible, allowing us to create a 340B management plan that fits your company culture.
Need help Navigating 340B?
You may not have the time or budget to develop the in-house expertise required to effectively manage your participation in the 340B Program. Like most of our clients, you may only have a few minutes a week to spend on 340B. We understand that you’re busy. Let CiiTA be your external subject matter expert.
Thorough, easy and also fun. I would say that the way of working with you and your folks is very awesome. There’s not many people that I work with that I would text on my own time and ask in a non-work context. I trust you 100%. You’re appropriate, thorough, and nobody calls you names. If anything they want to talk to you more and that’s a good thing.
From an analytical perspective, you understand the data in ways that we don’t. You layer on the statistical aspects that we don’t have.
It’s simple to take data and look at it and see a trend, but CiiTA layers in the knowledge of the covered entity that gives the trend its value.
Develop Your 340B Strategy
CiiTA has, through extensive experience, developed a set of best practices to help guide you through the creation of your 340B strategy. Download our process document to facilitate the development of your strategy.