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340B

340B Administration from RxPreferred

At RxPreferred, our dedicated administration team custom-designs 340b programs to maximize opportunity and minimize costs to help our entities reinvest their 340b savings back to the community. We work with all types of 340b Covered Entities and Contract Pharmacies across the country to positively impact the community and work directly with you to create a successful program.  

It's transparency you can TRUST

Contract Pharmacy

Between our easy-to-use platform and an experienced 340b team, you can connect to chains, independents, and specialty pharmacies, run customized compliance reports, maintain multiple dispensing fee and admin fee structures, and manage FFS and MCO carve-in models.

Referral Capture

The referral capture process allows you to stay in compliance and stay organized. We help identify referral care gaps, improve clinical care with better consult notes, and capture disqualified claims. And, we work with your existing HER, pharmacy, and TPA partnerships. 

Program Management

Our industry-leading 340b team is ready to support you with general compliance oversight, HRSA audits, policy/procedure management, wholesaler price audits, and we keep you updated with quarterly reviews.

Mail Order Services

Our accredited fulfillment service is available for all your specialty, Rare and Orphan, and Chronic conditions pharmacy needs. With nationwide coverage and over 100 limited distribution products available, we provide full-service contract pharmacy with individual patient care management services. 

The RxPreferred Difference

RxPreferred is a fully transparent 340b administrator that partners with hospitals, health systems, clinics, and pharmacies to build customized 340b programs. Our team creates programs from scratch to meet the community’s needs in which Covered Entities and Contract Pharmacies serve. RxPreferred does not dictate dispensing fees, plan design, or 340b wholesalers. We are very proud to say we have a 100% HRSA audit pass rate and have developed programs to help our entities reinvest their 340b savings back to the community. 

Without the 340b program, many clinics and hospitals wouldn’t serve the vulnerable patients they do today. As a transparent administrator, we are proud to be part of the solution.  

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340b Administration for Hospitals, Health Centers, and FQHCs

Current and prospective 340b Covered Entities can trust RxPreferred to administer their 340b program proactively and efficiently. Our team is here to assist from Registration to HRSA Audits and each step in between. By utilizing our proprietary safeguards and designing a plan specific to you, we can ensure we are optimizing the capture rate and taking advantage of all available opportunities for qualification. We also keep complete and comprehensive audit trails in our compliance-focused mission to create first-rate 340b programs to benefit the community while maximizing program potential. 

Our 340b Account Team will take a deep dive into your program every quarter, identify continuous improvements, and be onsite to assist through audits and necessary training. RxPreferred is in lockstep with you and your plan to provide an enhanced experience and be the trusted advisor that you can count on. 

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340b Administration for Hospitals, Health Centers, and FQHCs

Current and prospective 340b Covered Entities can trust RxPreferred to administer their 340b program proactively and efficiently. Our team is here to assist from Registration to HRSA Audits and each step in between. By utilizing our proprietary safeguards and designing a plan specific to you, we can ensure we are optimizing the capture rate and taking advantage of all available opportunities for qualification. We also keep complete and comprehensive audit trails in our compliance-focused mission to create first-rate 340b programs to benefit the community while maximizing program potential. 

Our 340b Account Team will take a deep dive into your program every quarter, identify continuous improvements, and be onsite to assist through audits and necessary training. RxPreferred is in lockstep with you and your plan to provide an enhanced experience and be the trusted advisor that you can count on. 

340b services for pharmacies

340b Administration for Pharmacies

RxPreferred works with pharmacies to build relationships and administer 340b programs with Covered Entities. Pharmacies play an integral role in the 340b program, and we can help identify opportunities and evaluate the viability with our innovative analyses. By finding effective partnerships, pharmacies can increase revenue and have a positive impact on the community. Utilizing our seamless virtual inventory program, pharmacies can track usage and ordering in our extensive reporting suite. They will have an administrator that can help train on 340b best practices and policies. With RxPreferred, pharmacies will have very few changes in their day-to-day activities, allowing your staff to continue operating and serving patients at a high level. 

340b services for pharmacies

340b Administration for Pharmacies

RxPreferred works with pharmacies to build relationships and administer 340b programs with Covered Entities. Pharmacies play an integral role in the 340b program, and we can help identify opportunities and evaluate the viability with our innovative analyses. By finding effective partnerships, pharmacies can increase revenue and have a positive impact on the community. Utilizing our seamless virtual inventory program, pharmacies can track usage and ordering in our extensive reporting suite. They will have an administrator that can help train on 340b best practices and policies. With RxPreferred, pharmacies will have very few changes in their day-to-day activities, allowing your staff to continue operating and serving patients at a high level. 

Learn the difference between 340b and successful 340b. 

Explore the RxPreferred difference and see how our approach will change how your organization views 340b Program Administration. 

What Our Client Say

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