Drive 340B Compliance with 340BWell
Increase revenue with an automated solution for covered entities to direct patients to contract pharmacies and improve 340B referral capture.
The 340BWell Solution
ReferWell’s 340B solution empowers FQHCs and community health centers to track patients’ status in real time, capture audit-proof evidence they own patient care and specialist prescriptions and direct patients to contract pharmacies whenever possible. Health centers increase savings from the 340B Program while streamlining care transitions for their entire patient population.
How it Works
Under the 340B Drug Pricing Program, drugs are sold to covered entities (CEs) at 20–50% discounts and reimbursed at the full rate if the prescription is filled at a designated contract pharmacy.
340BWell lets FQHCs and CHCs easily direct patients to contract pharmacies and helps specialists close the loop so the CE can prove ownership of patient care.
The solution captures the necessary documentation to prove ownership of savings for both the CE (referring) provider and the specialist (referral) provider.
The 340B capture rate for prescriptions written by a CE (FQHC) is 37%, but only 2% for prescriptions written by a non-CE specialist.
Results from independent analysis of CE contract pharmacy and TPA data.
Benefits of Automated 340B Compliance
Find the Right Contract Pharmacy
340BWell makes it easy for referral providers to determine the most convenient contract pharmacy for patients’ qualifying prescriptions.
Connect Virtually With New Providers
Track prescriptions written by referral providers that were previously unknown to the CE, expanding 340B savings opportunities.
Specialist Audit Trail
340BWell ensures medical records are shared seamlessly between EMRs, creating an audit trail for the CE or TPA to claim 340B savings.
Simplify Admin
Workflows
Automated 340B data capture makes it easy for the CE to meet program requirements with less paperwork and labor.
Expert Operational Support
ReferWell’s Operations Team follows up to close the referral loop when necessary, ensuring maximum 340B compliance.
Coordinated Care for All
Impact goes beyond 340B-eligible patients. Streamline care coordination for your entire population.