Hospitals and health systems must continue to find ways to reduce expenses and improve revenue and recover positive cash flows. One area many organizations are turning to is their pharmacy departments with 340B Drug Program optimization and strategic management of drug spend and pricing structure. By conducting a review of their organization’s 340B participation, compliance, and pharmacy pricing and charge structures, many health system leaders are finding additional ways to reduces expenses and right-size their pharmaceutical charges, while taking better control of their reimbursement structure with contracted payers.
Join Baker Tilly for an informative webinar where our team of healthcare specialists will discuss how health systems can conduct a review of their organizational 340B participation, 340B compliance program, revenue cycle compliance for pharmacy charges, and strategic pricing optimization for their pharmacy charges to help improve their bottom line. Finally, our team will walk through actual use cases showing how one system was able to recertify for 340B participation reducing costs by nearly $12 million annually and another hospital that identified more than $11 million in annual gross charge improvement with significant anticipated increases in net revenue.
There are no prerequisites for this webinar, and advance preparation is not required. There is no cost to attend this webinar.
Level: Overview
CPE credit: One (1) hour total credit
Field of study: Management Advisory Services
Host: Kylie Harris
A certificate of completion will be emailed to you four to six weeks after the event.
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