Under Section 340B of the Public Health Service Act, pharmaceutical companies that participate in Medicaid have to offer discounts on outpatient drugs to covered entities(healthcare organizations) that serve several uninsured…
The 340B Drug Pricing Program, initiated by Congress in 1992, revolutionized access to essential medications for vulnerable populations across the United States. This program mandates pharmaceutical manufacturers to offer outpatient…
The 340B Program presents substantial financial advantages for eligible healthcare institutions, potentially saving millions in prescription reimbursements. Despite this potential windfall, adherence to program regulations is paramount for maximizing benefits.…
The Health Resources and Services Administration (HRSA) 340B program plays a vital role in expanding access to affordable medications for eligible patients. To ensure compliance with program requirements, covered entities…
What are the most significant roadblocks for healthcare organizations participating in the 340B program? As per a study, more than 60 healthcare providers are participating in the 340B Drug Pricing…
Generative AI, ESG compliance, AI revolution, and virtual reality taking over the real world were some of the major headlines we came across in 2023, and they are likely to…
The world is getting smaller, and people are connecting with over-networked computerized systems. Improved connections speed up reaction times as people can communicate quickly. Still, gains are being made as…
In April, at a convention center in Chicago, thousands of attendees watched as a new generative AI (gen AI) technology, enabled by GPT-4. It modeled how a healthcare clinician might…
The most common global challenge in the healthcare ecosystem is the crowding of emergency rooms (ER), leading to severe outcomes. But healthcare analytics is easing the situation for healthcare providers.…
Electronic Health Record (EHR) is a health record documenting each patient visit called to encounter, followed by supplemental documentation such as laboratory results, radiology results, patient handouts, etc. Each visit…
