SpendMend Pharmacy - 340B Optimization
Optimization & Growth Solutions For 340B Covered Entities
SpendMend Pharmacy Optimization & Growth
If you’re like most Covered Entities, you’re probably very concerned about remaining compliant with the 340B
Program. Did you know you’re leaving money on the table? You can optimize your 340B spend and save
significant dollars.
SpendMend Pharmacy delivers industry-leading Optimization and Growth solutions to 340B Covered Entities (CE’s). Our team of over 28 pharmacy experts work with clients to customize the right sequence of solutions to help reduce costs and optimize savings in your 340B Program.
SpendMend Pharmacy delivers industry-leading Optimization and Growth solutions to 340B Covered Entities (CE’s). Our team of over 28 pharmacy experts work with clients to customize the right sequence of solutions to help reduce costs and optimize savings in your 340B Program.
Bottom Line Impact
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.
Why CE’s Choose SpendMend Pharmacy for 340B Optimization
Drive an average of 3% savings on your annual drug spend
Work with the industry leader in spend optimization
Gain insight on the best practices of leading pharmacies
Benefit from a combined 250 years of pharmacy experience
SpendMend Pharmacy 340B Optimization Program
What We Do and What Your Covered Entity Will Receive:
340B Hospital/Clinic Spend Opportunity
In-depth evaluation on opportunities to move purchasing to GPO or 340B accounts.
340B Contract Pharmacy Optimization
Recommendations to maximize contract pharmacy network and qualifying claims.
Clinic Conversion
Conversion of clinics (under the hospital) to maximize future 340B savings.
Pharmacotherapy Clinic Creation
Creation of pharmacist 340B-eligible clinic to take referrals from non-340B-eligible clinics.
Contract Pharmacy Expansion
Expand of contract pharmacy networks to maximize qualifying prescriptions.
Site of Care Infusion Strategies
Evaluation and recommendation strategies to maximize infusions across many CE’s.
Apexus Contract Compliance
Review and confirmation that CE’s are taking advantage of Apexus contracts.
Referral Capture
Compliantly capture prescriptions written at non-340B clinics who were referred by CE-eligible clinics/providers.
“The 340B Optimization project has been
nothing short of a windfall for my drug
spend. Every week, it seems, we unlock a
new area of significant savings. I regret
waiting a year to get started.”
Getting Started
To get started, you only need to provide our team access to
your wholesaler and 340B TPA portal. We perform all work
offsite, taking care to limit time and resources required of
you and your staff. The best part of it all, your hospital/clinic will never be invoiced until you actually realize the
savings from our solution.
SpendMend By The Numbers
600
CURRENT CLIENTS
2000
AUDITS COMPLETED
3
PERCENT AVERAGE SAVINGS ON ANNUAL DRUG SPEND150
HRSA AUDITSSUPPORTED
Have questions or want to schedule a meeting?
Call us 616.729.0255