Let's be honest. Although 340B programs are a tremendous resource for the underserved, the laws surrounding 340B are complex and seen by many as a barrier to participation. 340B administration and compliance requires knowledge and detailed accounting. For many providers, the program is more trouble than it's worth.
At Phoenix, we are here to help. We are full-service ambassadors for 340B. Not only do we make it easy to take advantage of the program, we provide a simple fee-for-service model that allows us to focus on saving you money and increasing your revenue with 340B.
Our experience with 340B spans more than a decade. In that time, we've become proficient at 340B legislation. We are experts at qualification, implementation, and administration. We walk you through the process and provide the support you need to maintain the program. We provide technological systems which streamline inventory accounting, dispensation, and claims processing.
Like any service we provide, information is a critical part of our 340B solutions. We work with you to administer the program. While we take on the day-to-day tasks involved, we provide detailed reporting so that you are always instep with the program and up to speed on its effectiveness and goal-setting. We work together to ensure that decisions are made in support of your mission and goals. In other words, we focus on 340B, so you can focus on what you do best, providing great care.
MAKING IT EASY. SAVING AND MAKING MONEY. PROTECTING YOUR INTERESTS.
We Make 340B Easy
Phoenix is a full-service 340B administrator. We do the work for you, so you can provide care at less cost to you and your patients. As experts in the field, we break down the barriers to participation, teaching you about the programs, its benefits, requirements, and helping you to determine if and how you might qualify. If you qualify, we take on the day-to-day administration required to keep the program running smoothly and in compliance with government regulations.
We Save You Money and Increase Revenue
Phoenix uses a simple fee-for-service model that allows us to focus on saving you money and increasing your revenue with 340B. With traditional percentage-based models, administrator income is directly tied to your costs. When you save money, your administrator loses income. At Phoenix, we charge a low-cost transaction fee, so our only incentive is to make it easy and inexpensive for you to use the program so that you use it more.
We Keep You Compliant
With over a decade of experience with 340B administration, Phoenix has tremendous insight into the mechanics of the program. We've developed solid systems to administer and review costs, inventory, and claims. We manage the information needed to keep you in compliance and work with you to keep you informed of your program's effectiveness.