340B Market Dynamics: Role of Systems and Strategic Tactics presented at ASAP by Ann Johnson
PHSL President Ann Johnson presented at the American Society for Automation in Pharmacy (ASAP) 2021 Virtual Midyear Conference. Ann’s presentation reviewed the basics of the 340B drug program, the role of third-party administrators (TPAs) and accumulator software in managing 340B Program requirements for covered entities and contract pharmacies, and conflicting industry perspectives on the topic.
Click here to view Ann’s presentation slides.
You can access all of the 2021 ASAP Virtual Midyear Conference presentations at https://asapnet.org/2021-midyear-conference.
2021 Summer Newsletter:
Poll Results
February 2023 Question of the Month
Do you feel like your organization understands the FDA’s Draft Guidance for Industry on Drug Importation?
We have reviewed the guidance and are taking a watch and wait approach: 75%
We have reviewed the guidance and are taking proactive steps to act on it: 25%
We have reviewed the guidance but do not feel like it will impact our organization: 0%
Not familiar/We have not reviewed the guidance: 0%
January 2023 Question of the Month
How will payers manage reimbursement of multiple interchangeable biosimilars?
MAC reimbursement: 10%
Generic non-MAC reimbursement rate: 10%
Brand reimbursement rate: 40%
Specialty drug specific rate: 40%
Average Sales Price (ASP): 0%
Average Manufacturer Price (AMP): 0%
National Average Drug Acquisition Cost (NADAC): 0%
December 2022 Question of the Month
In which area could you or your company most benefit from additional training?
Biosimilars and interchangeability requirements: 46.1%
Dynamics that drive PBM and health plan decisions: 15.4%
Various hurdles a prescription must clear before being dispensed: 15.4%
Changing 340B landscape: 15.4%
Flow of funds and prescriptions through the pharmacy channels: 7.7%
Pharmacy chain initiatives and strategy updates: 0%
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