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SpendMend Pharmacy

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SpendMend Pharmacy 340B Compliance

SpendMend Pharmacy leverages the significant experience of Turnkey Pharmacy Solutions to provide external 340B program audits and to assist with regulatory oversight. Our recommendation is to have your 340B program reviewed and audited prior to receiving an audit engagement letter from HRSA (or other stakeholders including CMS, manufacturers, etc.)

As part of our auditing process, we mimic the HRSA audit to see how you would do if you were facing an actual audit while also performing comprehensive gap analysis of your 340B program.

SpendMend Pharmacy’s 340B Compliance Solutions Include:

340B Annual Independent Audit

  • Comprehensive Program Review with Gap Analysis

340B Maintenance Services

  • Comprehensive Program Review with Gap Analysis
  • Monthly 340B program compliance support

340B Management Services

  • Comprehensive Program Review with Gap Analysis
  • Monthly 340B program compliance support
  • Ongoing program oversight

What our clients are saying

  • SpendMend's innovative process appears to leave no stone unturned and has identified and recovered significant dollars.

    Controller - Regional Health System
  • The SpendMend Client Portal allows me to review claims whenever I want – 24 hours a day – on my schedule; and without receiving stacks of paper, which makes the distance between our offices no problem

    Controller, Regional Health System
  • Not only did failures in a previous audit firm’s process result in lower recovery, but also some of the ‘claimed’ recovery dollars had to be paid back to vendors due to rejections. SpendMend has worked with vendors to ensure accurate, valid, approved claims; with better results.

    Manager, Accounts Payable, Medical Center, Northern US
  • SpendMend is a non-intrusive asset and great to work with; they build relationships with their clients and truly understand the Procure-to-Pay process.

    Material Manager, Midwest Healthcare Organization
  • If our team is finding money from recovery audits then I know there are many other non-profit hospital systems that would find value in executing this work as well.

    SCM Manager of Large Midwest IDN
  • I think the SpendMend staff is top notch and very professional and very knowledgeable. I work hand in hand with your people and I think you have great people and a great culture.

    Director of Finance, $11B/8500 Bed Healthcare System
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SpendMend Pharmacy 340B Optimization & Growth

SpendMend Pharmacy leverages Turnkey Pharmacy Solution to offer 340B optimization & growth services to help your hospital identify opportunities sooner and more frequently in order to maximize savings on your drug purchases in a compliant manner while also providing ongoing education, consultation and collaboration.

Clients are taking advantage of the SpendMend Pharmacy 340B Optimization & Growth through the following solutions:

340B Optimization

  • Minimizing WAC/GPO spend & orphan drug exclusion impact
  • Maximizing contract pharmacy network and existing claims
  • Optimizing medication waste
  • Optimizing non-340B contracting

340B Growth

  • Creating hospital outpatient departments
  • Creating Pharmacotherapy Clinics
  • Identifying site-of-care infusion strategies
  • Implementing referral capture processes

Have questions or want to set a meeting?