Health System

340B Compliance Review

IndustryHealth System
ProblemThe client requested a gap analysis to identify any issues that needed to be addressed in the management controls, processes, and procedures to make sure that the health system was in compliance with 340B Drug Pricing Program regulations.
PHSI SolutionA compliance audit was conducted including onsite interviews, review of policies and procedures, and management controls. This review enabled PHSI to recommend operational changes to their policies and procedures along with implementing feedback mechanisms for better management controls of the end-to-end process.
ResultsPHSI provided recommendations that reduced the audit risk to the health system when HRSA conducts an audit analyzing the health systems compliance with 340B regulations.

Integrated Delivery System Retail Pharmacy Assessment

IndustryHealth System
ProblemA health system pharmacy was experiencing a decline in profits over several years due to various reasons. The health system needed an unbiased assessment of their management system and pharmacy program to analyze why current strategies were not working and how to improve them.
PHSI SolutionPHSI gathered information about the current operations of the health system, including its management structure, patient base, and the technology utilized. Pharmacists, management, and administrators were interviewed to help PHSI completely understand the health system’s operations and possible flaws. PHSI used this information to prepare alternative pharmacy strategic plans and management policies. These recommendations were prioritized by the potential return on investment and level of difficulty to implement the new system.
ResultsThe health system pharmacy can now make informed decisions that will help them better manage their company. They are also armed with the knowledge to implement the plan they choose.