Best Practices Every 340B Hospital Needs To Know

April 1, 2022340B, Audit, Bedside Prescription Delivery, Compliance, Contract Pharmacy, Covered Entities, Meds To Beds, Overview, Patient Eligibility, Requirements, Specialty Pharmacy, Specialty Pharmacy

If your hospital is 340B-eligible, you may be missing-out on millions of dollars in prescription reimbursements. Savings and revenue which, for some hospitals served by ProxsysRx, actually make the difference between solvency and closure. Any list of Best Practices for running a 340B program starts with maintaining compliance. Tips for maintaining 340B Program Compliance The … Read More

What is 340B Double-Dipping, and How Can You Avoid It?

March 25, 2022340B, Compliance, Contract Pharmacy, Covered Entities, Patient Eligibility, Registration, Requirements

The 340B drug pricing program allows eligible providers to replenish prescriptions to eligible patients at significantly reduced pricing, and bill normal market rates for those prescriptions —helping the entities fill revenue gaps that are inherent to their business models. That said, the program does not allow eligible providers to take advantage of 340B discounts and … Read More

How Can I Benefit My 340B Program With A Specialty Pharmacy?

March 9, 2022340B, Compliance, Covered Entities, Specialty Drugs, Specialty Pharmacy

Getting started with the 340b program If your hospital isn’t already 340B registered and eligible, you might want to refer to our previous blog post, Are you ready to enroll in the 340B program? What is a Specialty Pharmacy? The National Association of Specialty Pharmacy defines a specialty pharmacy as a state-licensed pharmacy that solely … Read More

How Meds To Beds Can Drive Your 340B Hospital’s Savings

February 11, 2022340B, Bedside Prescription Delivery, Contract Pharmacy, Covered Entities, Meds To Beds

NOTE: This blog post was updated at the bottom on November 24, 2025 with an introductory overview of VytlOne’s readmission reduction program — Impact®. Benefits of a Meds To Beds Program: Overview On a purely practical level, a well-managed bedside prescription delivery program can improve health system revenue. On the human level, Meds To Beds … Read More

What drugs are not eligible for 340B Savings?

January 3, 2022340B, Compliance, Covered Entities, Orphan Drugs

POST OUTLINE 1) 340B Program Introduction / Overview Primary reasons eligible health systems don’t participate. 340B savings achieved by hospitals VytlOne supports. 2) General drug criteria for 340B eligibility The covered entity has a relationship with the patient and maintains records of care. The services are provided by a healthcare professional who is either employed … Read More

Understanding The 340B Program Requirements

November 8, 2021340B, 340B ESP, Bedside Prescription Delivery, Covered Entities, Drug Manufacturer Restrictions, Meds To Beds, Prescription Discounts, Requirements, Specialty Drugs, Specialty Pharmacy

POST OUTLINE 1) What Is The 340B Drug Pricing Program? How does the 340B program work? How much revenue can my hospital generate from the 340B program? 2) Who qualifies for the 340B program? What is a 340B Covered Entity? Facilities included in the 340B program 3) Understanding the 340B program requirements for eligibility Government-owned … Read More