Monday, June 30, 2014

CenterRx Offers 340B Virtual Inventory Management Services



CenterRx - 340B Solutions
CenterRx offers inventive pharmacy delivery strategies for the flourishing market of federally qualified community health centers servicing America's most at risk populations. We are completely aware of the 340B laws by virtue of our partnership with, Feldesman Tucker Leifer Fidell LLP, top counsel for 340B as it pertains to FQHCs.

Comprehensive 340B Solution
CenterRx offers a totally thorough 340B program. The processor-centric model is developed to leverage the existing pharmacy infrastructure in place throughout America. We team up with eligible entities and their specific 340B business needs.

Virtual Inventory
The CenterRx virtual inventory system eliminates the need to manage distinct 340B physical inventories. As medicines are dispensed to eligible patients, our system monitors this utilization virtually and re-supplies drugs to contracted pharmacies at the 340B discount price.

True-up Design
As a part of its processor-centric model, CenterRx has developed a complete financial reconciliation process, consisting of all invoicing and claims reconciliation. Applying the claims information either through the switch or through CenterRx POS, CenterRx manages all billing and financial reconciliation on behalf of the FQHC. CenterRx supplies clients with an every three months true-up report.

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