No products in the cart.

No products in the cart.

As a professional, it is important to consider the keywords and phrases that will drive traffic to your article. For the topic of “hrsa 340b contract pharmacy,” these may include “340b program,” “covered entities,” and “pharmacy network.”

The HRSA 340B program allows certain healthcare organizations, known as covered entities, to purchase discounted medications from manufacturers. These covered entities may then dispense these medications to eligible patients at a lower cost. One way that covered entities can achieve this is through contract pharmacy arrangements.

A contract pharmacy is a licensed pharmacy that enters into an agreement with a covered entity to dispense medications to eligible patients. These pharmacies must comply with all 340B program requirements, including maintaining auditable records and prohibiting diversion of medications.

One advantage of contract pharmacy arrangements is that they allow covered entities to expand their pharmacy network and reach more eligible patients. Additionally, contract pharmacies can provide additional services, such as medication therapy management and patient education.

However, contract pharmacy arrangements have also come under scrutiny in recent years. Some argue that these arrangements can lead to profit-driven behavior by pharmacies and may divert medications from their intended use. As a result, HRSA has implemented additional oversight and reporting requirements for covered entities with contract pharmacy arrangements.

Overall, the use of contract pharmacies in the HRSA 340B program can be a valuable tool for covered entities to extend their reach and provide cost-effective care to eligible patients. However, it is important for covered entities to carefully consider the potential risks and benefits before entering into these arrangements.