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340B Management Systems
 

Hospitals that qualify for the 340B federal drug-discount program can use these products to track and maintain their outpatient and ED pharmaceutical inventories.

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Jackson Tate
Research Director
KLAS Research Director - Jackson Tate
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Decision Insights

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340B 2020: An Update on the Evolving Market and a First Look at Contract Pharmacy Performance) Report Cover Image
Performance
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340B 2020: An Update on the Evolving Market and a First Look at Contract Pharmacy Performance
19 November 20
Over the last several years, the 340B management market has evolved significantly—additional types of organizations can now qualify as covered entities, and new vendors have entered the market. This report aims to clarify the new landscape, share an update on 340B customer satisfaction, and offer a first look at satisfaction with contract pharmacy management.

Recent Insights

Key Findings:

  1. Market Landscape: Macro Helix, Sentry, Verity Solutions Tackling Challenges of Largest, Most Complex Organizations
  2. PharmaForce & Verity Solutions Lead Customer Satisfaction through Attentive Account Management
  3. Macro Helix Improves Self-Serve Reporting; RxStrategies Customers Experience Reporting Issues in New Platform
  4. Macro Helix Customers See Significant Improvement in HRSA Audit Preparedness
  5. Unexpected Costs Erode PSG & Sentry Customers’ Confidence
  6. Walgreens & Wellpartner Meeting Basic Needs


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Performance Data

Overall Score by Product

Example 340B Management Systems overall score by product image

Products Appearing in Decisions

Example 340B Management Systems products appearing in decisions image

Overall Score by Question Topic

Example 340B Management Systems overall score by question topic image

Provider Facility Size by Product

Example 340B Management Systems provider facility size by product image

Provider Facility Type by Product

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The Best in KLAS report recognizes software and services companies who excel in helping healthcare professionals improve patient care. All rankings are a direct result of the feedback of thousands of providers over the last year. A Best in KLAS award signifies to the healthcare IT industry the commitment and partnership that the top vendors should provide. Read the report to see the top-rated medical software and services for 2021. Watch sessions from our first-ever virtual Best In KLAS Award Show to hear from the winning vendors in each segment. View Awards Show Recordings
Decision Insights
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340B Decision Insights 2020
22 January 20    |   Jackson Tate and Sam Eaquinto
The 340B program is considered a critical savings opportunity for covered entities and their contracted pharmacies, and over the past couple of years, KLAS has noted an increase in provider organization purchase decisions in the third-party administrator space. Some organizations are putting out RFPs because their current contracts are ending, but many others are seeking out solutions to fill the functionality and service gaps of their current 340B vendor. Newer market entrants, such as PSG and RxStrategies, represent additional options to consider alongside the already-established market players. While organizations continue to look for new technology and functionality in potential vendor partners, factors like service, support, and relationships have proven to be key to long-term customer success.



Reducing Filters

Unlike sizing filters, reducing filters DO NOT recalculate scores based on the evaluations that meet these requirements. They narrow the list of solutions to show the vendors and solutions that can meet a specific need.

This data is based on interviews with a sample of the firms' recent clients. As a result, it is not necessarily comprehensive of all work a firm may do in this segment.

We require a minimum of 2 confirmations of a service performed in the last 3 years for a solution to qualify.

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