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2023 State of Technology – HealthTech, InsurTech, FinTech
Experts unlock the secrets of reaping value from technology investments in 2023
Register NowSeamlessly build and enhance your 340B products with highly differentiated technical expertise
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Work with a partner that understands the challenges 340B administrators face.
Our subject matter experts, and technology and solutions engineers come together to quickly provide technology solutions and frameworks to support 340B companies.
The biggest challenges healthcare entities face with 340B are:
HRSA regulatory compliance
Inferior data quality standards
Unclear pricing methods with frequent changes
Ambiguity around reimbursements, and identification of duplicate discounts
Varying rules for purchasing different types of drugs
Safeguarding against drug diversion
Complex operational processes
Effective inventory management
Powerful technical capabilities and domain expertise
Excellarate’s highly differentiated technical expertise within the 340B domain empowers organizations to easily build, maintain and seamlessly administer effective 340B programs.
Automated features and functions enable your end-users to easily verify 340B eligibility, track claims, manage inventory replenishment, maintain preparedness for compliance audits, and more.
Benefits of Engaging Excellarate to Develop 340B Solutions
Customizable 340B Framework
Customizable 340B Framework to meet your 340B needs with the flexibility to support the end-to-end complex processes from 340B claim identification, drug accumulation and replenishment activity, through invoicing and payments.
Robust inventory management tools
Enable your systems to effectively manage inventory and procurement across multiple ordering platforms, wholesaler accounts, and pricing contracts.
Customizable reporting engine
Robust customizable reporting engine enables functionality so internal and external clients can drill down into your data to gain better insights. Leverage AI and tools to apply historical data to predict future drug spending and more.
Effortlessly integrate with third-party data sources, including pharmacy software and invoicing.
Complete audit readiness technology
Audit and compliance tools using built-in, computer-aided audit tools, blockchain technology, and a data-driven digital approach to end-to-end tracking.
340B
Excellarators
Claims Capture Excellarator
Increase eligible 340B claim capture using additional logic and a secondary capturing process.
Referral Program Excellarator
Identification of valid patient referrals, updated patient records, and better overall patient management through visibility, automation, tracking, audit, and compliance tools
Inventory Management Excellarator
Support customized and complex ordering and replenishment rules, reduce, or eliminate inventory swell and make informed buying and replenishment decisions.
Business Intelligence Excellarator
User-friendly and intuitively customizable dashboards and reports. Fully automated scheduler system that pushes data you need when you need it.
Operations Excellarator
Bring organization to the chaos around data exchanges and configure, monitor, validate, override and report on all your inputs and outputs. Create rules for all files, track and identify missed files or bad data and do overrides where necessary.
EDI and Flat File Support
File Ambassador is an electronic data interchange (EDI) tool that provides a mechanism for extracting data from external sources, transforming it to a normalized data format, and then loading it into an end target or repository. It facilitates back-end processing services across various healthcare domains.
Key features:
- Dashboard and reporting
- Web-based user interface (UI)
- Data validation
- Easy configuration
- Seamless data integration
- File management
Key functions:
- Data transfer
- File management
- Scheduling
- Tracking
- Error handling
- Reporting
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