Could your pharmacy department benefit by gaining more actionable insights and expertise – without the burden of budgeting, hiring, and training more FTEs?
SpendMend Pharmacy, leveraging the expertise of Turnkey Pharmacy Solutions, can fill that role and help you drive new efficiencies across all areas of your pharmacy landscape. Comprised of experienced healthcare professionals, including pharmacy leaders from a variety of healthcare settings, the SpendMend team delivers industry-leading Compliance and Optimization solutions to support Pharmacies and 340B Covered Entities.
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“The compliance audit worked better than we could have imagined. They ensured we were HRSA compliant while showing us many opportunities for savings. We are a customer for life.”
-Director of Pharmacy, Large comprehensive non-profit, DSH hospital
We are excited to share that Turnkey Pharmacy Solutions, A SpendMend Company, has been selected by Apexus as the only 2-time contributor to the 340B Certificate Program Material.
"We're beyond proud to have been selected for a second time by Apexus", says Rob Nahoopii, cofounder of Turnkey and Senior Vice President of SpendMend Pharmacy Service. "We have long admired Apexus, and believe our work on their 340B Certificate Program update module will have a positive impact on covered entities across the country. And that is always our goal."
SpendMend Pharmacy consistently reduces annual drug spend for our clients by an average of 3%. The percentage of savings varies based on annual spend volume, but wherever your CE lands on the chart below, the dollars are significant.
“We knew all these strategies, Price Parity, Price Spikes, Unit Dose, Biosimilars… We knew it, we just didn’t have the time to put it all into motion. SpendMend brings a team of experts and showed us how much we could save. It’s staggering”
-Pharmacy Leader - Nationwide, non-profit health system, $33M in annual drug spend.
SpendMend's innovative process appears to leave no stone unturned and has identified and recovered significant dollars.
The SpendMend Client Portal allows me to review claims whenever I want – 24 hours a day – on my schedule; and without receiving stacks of paper, which makes the distance between our offices no problem
Not only did failures in a previous audit firm’s process result in lower recovery, but also some of the ‘claimed’ recovery dollars had to be paid back to vendors due to rejections. SpendMend has worked with vendors to ensure accurate, valid, approved claims; with better results.
SpendMend is a non-intrusive asset and great to work with; they build relationships with their clients and truly understand the Procure-to-Pay process.
If our team is finding money from recovery audits then I know there are many other non-profit hospital systems that would find value in executing this work as well.
I think the SpendMend staff is top notch and very professional and very knowledgeable. I work hand in hand with your people and I think you have great people and a great culture.