PSG Pharmacy Supply Chain Solutions
340B, Own-Use, PBM, Contract Pharmacy, and
Outpatient Pharmacy Administration
PSG has been leading the charge in developing and deploying effective 340B and contract pharmacy solutions. While other firms were playing catch-up in the 340B space, PSG was realizing major results for its hospital and health plan clients.
Comprehensive 340B Services
- Develop the strategy and structure required to qualify prescriptions and maximize savings.
- Support policy and procedure development, documentation, and ongoing program maintenance.
- Develop contract pharmacy relationships, including contract development, negotiation, and the Office of Pharmacy Affairs (OPA) registration process.
- Support development of enhanced PBM capabilities and integration of PBM services as needed.
- Application of patient identification and tracking tools to ensure patient eligibility.
- Implementation and maintenance of virtual inventory management to maximize inventory efficiency and ease of reconciliation.
- Replenishment support services for contract pharmacies ("bill-to/ship-to").
- Accounting and reconciliation of payments with contract pharmacies.
- Development and maintenance of all data and activity for patient identification and 340B prescription eligibility records, including data exchange connectivity.
- Reporting of key performance metrics, including savings and program expansion.
- Ongoing account management including issue resolution with contract pharmacies, wholesaler, PBM, and potential business partners.
- Consulting support to identify optimal ways to enhance capture rates for the organization through health system benefit plan design, PBM and network management, and patient communication.