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news.Ramsell Public Health Rx, a pharmacy benefit and information management company, has launched 340B Contract Pharmacy Management Solution. The new offering streamlines the administration and management of the delivery of pharmacy services for 340B covered entities.
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The Ramsell 340B solution combines pharmacy management services such as claims adjudication and utilization reporting, along with a platform that provides specific features to manage and track 340B inventory, prevent drug diversion and determine patient eligibility. The solution is one of several offerings in Ramsell Public Health Rx’s pharmacy benefit management portfolio.
Sophia Byndloss, president of Ramsell Public Health Rx, said: “The current economic climate has resulted in an increase in the number of low-income individuals who rely on safety net providers and entities eligible to participate in the 340B drug pricing program.
“At the same time, providers are challenged with budget cuts and dwindling resources. Our new innovative solution simplifies a complicated management process so that providers are able to focus on patient care and outcomes, while accessing the 340B drug pricing discount.”