340B Covered Entities

HealthStat Rx offers a turnkey simple solution for every type of 340B eligible health care site. Our unique pharmacy care program provides clinically and cost effective pharmacy services that are proven to increase medication adherence, optimize the value of the 340B program and advance patient care.

HealthStat Rx is the industry leader in 340B contracted pharmacy services. Community health centers nationwide rely on HealthStat Rx to provide convenient access to affordable medications in America’s underserved communities. Since 2006 we have been providing 340B outpatient pharmacy services. Our customers include the Georgia Department of Human Resources and 13 Federally Qualified Health Centers consisting of 49 different primary care and specialty clinics. HealthStat Rx’s comprehensive 340B solution helps clinics and hospitals expand their reach and provide quality care to all, regardless of their ability to pay.

HealthStat Rx’s 340B pharmacy expertise has resulted in extremely efficient workflows and patient care processes. We are large enough to offer the 340B entity economies of scale, yet still offer the flexibility to fulfill the individual needs of any 340B Entity. HealthStat Rx administers all aspects of the 340B program including enrollment, patient eligibility, clinical support, inventory management and reporting. Our tremendous dedication to cash flow provides the 340B entity with an immediately reliable revenue stream. Our low DSO (Days Sales Outstanding) combined with our proprietary inventory management system (Virtual IM) minimizes medication stock and maximizes profitability. Complete transparency is provided through HealthStat Rx’s online custom reports as well as detailed monthly audits. In addition, contracting with multiple HealthStat Rx locations insures complete data backup, disaster preparedness and absolute peace of mind.

HealthStat Rx’s pharmacist managed medication program helps 340B organizations:

• Identify eligible patients
• Provide marketing solutions to bring greater awareness and increased use of the program
• Increase the number of patients receiving care through the inpatient and outpatient pharmacies
• Maximize outpatient drug savings by automatically generating 340B replenishment orders based on real-time drug dispensing activity
• Reduce labor costs by automating and streamlining 340B ordering, tracking, and auditing processes
• Maximize discounts by utilizing HealthStat Rx’s relationships with multiple wholesalers
• Improve cash flow by minimizing inventory investment
• Comply with program reporting requirements with reports designed to support 340B compliance efforts, as well as quantify 340B program savings

HealthStat Rx’s program helps our clients leverage the 340B drug program to reduce costs, generate revenue and realize their mission of serving more patients. Our simplified approach to implementation allows our clients to execute a 340B outpatient pharmacy program with absolutely no start up costs. HealthStat Rx’s solution is reliable, trusted and self sustaining, enabling a qualified facility to maximize the benefits of the 340B program.