Optimize your 340B Program Savings with R1 RCM's Pharmacy Department Solutions

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Optimize your 340B Program Savings with R1 RCM's Pharmacy Department Solutions

Maximizing 340B Program Savings with R1 RCM

R1 RCM offers a comprehensive Pharmacy Department Solutions program to help pharmacy departments within hospitals and healthcare systems achieve maximum savings through the 340B program. The 340B Recovery solution by R1 utilizes cutting-edge technology to assist covered entities (CEs) in recovering maximum reimbursements, ultimately leading to optimal savings within the 340B program. By leveraging R1's solutions, pharmacies can allocate these savings to provide better care for financially vulnerable patients, fulfilling their mission of improving patient outcomes. R1's compliance-first approach has been proven effective, boasting a remarkable 100% pass rate on audited prescriptions.

340B Recovery Solution Overview

Navigating the complexities of 340B program management can be challenging for pharmacy leaders and 340B program managers. R1's 340B Recovery solution simplifies this process by reviewing ineligible claims and identifying prescriptions written by eligible providers. This comprehensive solution offers an easy-to-deploy approach that prioritizes compliance, ensuring that 340B CEs recover full reimbursements efficiently. R1's commitment to assisting pharmacies in maximizing their 340B savings is evident in their dedication to providing a seamless experience for their clients, enabling them to streamline operations and focus on providing quality patient care.

HRSA Audit Ready Resource Center

Being prepared for potential audits is crucial for any 340B CE. R1's HRSA Audit Ready Resource Center equips covered entities with essential tools and resources to navigate HRSA audits successfully. By offering valuable resources such as the Audit Readiness Quiz and the Covered Entity's Guide to 340B HRSA Audits, R1 ensures that pharmacies are well-prepared for audits and compliance reviews. This proactive approach demonstrates R1's commitment to supporting their clients in maintaining compliance and optimizing their 340B programs effectively.

Compliance-First Approach to Capturing 340B Referrals

Pharmacy professionals at covered entities often face challenges in maintaining compliance with 340B Program regulations. R1 addresses this concern by providing a six-point compliance approach to capturing 340B referrals effectively while complying with mandated regulations. Through innovative technology and expert guidance from R1's experienced team, pharmacy departments can enhance their compliance efforts and maximize their savings potential. By leveraging R1's compliance-first technology, pharmacies can navigate the complexities of 340B programs with confidence and achieve significant cost savings.

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