What is a 340B clearinghouse—and why is everyone talking about it? In this episode of Katy’s 340B Compass, we break down the concept of a 340B clearinghouse: what it is, how it works, and why it could be the missing link in preventing duplicate discounts and strengthening program integrity. Join Katy F. Lees, 340B ACE, as she walks through: The core function of a 340B clearinghouse How it could help eliminate duplicate claims across covered entities The potential role of the Office of Pharmacy Affairs (OPA) Why it's time for a centralized, transparent data solution Challenges with medical claim integration—and the practical workaround Whether you're a 340B veteran or just trying to keep up with emerging policy ideas, this episode gives you a crystal-clear view of where the conversation is headed. 👉 Don’t forget to like, comment, and subscribe for more real-world 340B insights! #340B #340BExplained #340BClearinghouse #Katys340BCompass #DuplicateDiscounts #PharmacyCompliance #HealthPolicy #Virtue340B

In this powerful episode of Katy’s 340B Compass, Katy tackles a topic every 340B stakeholder dreads—but must be prepared for: non-compliance. What should covered entities do when they identify 340B violations? How can you mitigate risk, respond with transparency, and turn a compliance issue into a learning opportunity? Katy walks you through: The immediate steps to take when non-compliance is identified The importance of internal reporting and self-disclosure Best practices to strengthen your audit readiness How to build a culture of accountability and continuous improvement Whether you're facing an issue now or proactively shoring up your compliance framework, this episode offers actionable advice and reassurance from one of the industry’s most trusted voices. 🔔 Subscribe to stay up to date on all things 340B. 📘 Visit us at www.virtue340b.com to learn more. #340B #Compliance #PharmacyLeadership #KatyCompass

In Episode 4 of Katy's 340B Compass, Katy breaks down the rising trend of 340B rebate models—a non-traditional approach where manufacturers reimburse covered entities for eligible 340B claims rather than providing point-of-sale discounts. 💡 In this episode, you’ll learn: What a 340B rebate model is and how it differs from standard 340B pricing Key drivers behind the industry’s shift toward rebate arrangements How covered entities can evaluate rebate opportunities while maintaining HRSA audit readiness 🔔 Subscribe to stay informed on the latest 340B insights with Katy’s monthly episodes.

In Episode 3 of Katy’s 340B Compass, Katy Lees, Principal 340B Compliance Advisor at Virtue 340B, shares strategies for building an effective 340B program oversight plan. Learn key tips for: Ensuring access to the right data for audit readiness Setting a routine cadence for claim reviews Preventing drug diversion and duplicate discounts Auditing contract pharmacy and mixed-use settings effectively Using data-driven targeting to identify higher-risk transactions Documenting oversight activities for HRSA audit preparedness Whether you're looking to strengthen your existing monitoring efforts or establish a new oversight program, this episode provides practical, actionable guidance. Stay tuned — in the next episode, Katy will cover what steps to take if you identify potential compliance issues during your audits! 🔔 Don’t forget to like, comment, and subscribe for more 340B compliance insights. 💬 Questions or topic suggestions? Submit them via our website, LinkedIn, or in the comments section! #340BCompliance #340BOversight #Virtue340B #340BPharmacy #HealthcareCompliance #ProgramIntegrity

Welcome back to Katy’s 340B Compass! In this episode, we’re taking a deep dive into duplicate discounts—one of the most critical compliance risks in the 340B program. Understanding and preventing duplicate discounts is essential to maintaining program integrity, and Katy is here to explain it all. 📌 What You’ll Learn in Episode 2: 🔹 What are duplicate discounts? How and when do they occur in the 340B space? 🔹 Preventing duplicate discounts—key strategies for compliance 🔹 Publicly available resources to help covered entities stay compliant 🔹 Live screen share: Overview of essential resources and how to use them 🔹 Out-of-state Medicaid claims—what you need to know 🔹 Fee-for-Service (FFS) vs. Medicaid Managed Care (MCO): What’s the difference? 🔹 Federal vs. state-level requirements and how they impact 340B entities 🔹 Best practices for oversight and compliance management 💬 Have Questions? Let’s Discuss! Drop a comment below or submit your questions on our vlog landing page ➡️ www.virtue340b.com/katy-s-340b-compass What other 340B compliance challenges do you want Katy to cover? Let us know! 🔔 Subscribe & Stay Updated Don’t miss future episodes where we tackle 340B complexities and share expert insights! Hit LIKE, SUBSCRIBE, and turn on NOTIFICATIONS to stay informed. #340BCompliance #DuplicateDiscounts #MedicaidBilling #PharmacyRegulations #Katy340BCompass

Welcome to Katy’s 340B Compass! In this premiere episode, 340B Cornerstones, we’re diving deep into the fundamentals of the 340B drug pricing program—from its origins and growth to the essential compliance elements every covered entity needs to navigate. 📌 What You’ll Learn in Episode 1: 🔹 The history and evolution of the 340B Program 🔹 Common 340B eligibility claim scenarios 🔹 Contract pharmacy operations, revenue workflows, and benefits for covered entities 🔹 Key compliance elements: ✅ Diversion & Duplicate Discount Prevention ✅ Medicaid Exclusion File & Registration ✅ GPO Prohibition & Orphan Drug Exclusion 🔹 Practical tips for developing a strong 340B oversight plan Whether new to 340B or a seasoned professional, this episode will provide valuable insights to strengthen your program’s compliance and operational efficiency. 💬 We Want to Hear From You! Drop a comment below or submit your questions on our vlog landing page ➡️ https://www.virtue340b.com/katy-s-340b-compass What topics do you want us to cover next? Let us know! 🔔 Subscribe & Stay Updated Don’t miss upcoming episodes where we explore advanced 340B strategies, compliance challenges, and best practices! Hit LIKE, SUBSCRIBE, and turn on NOTIFICATIONS for more expert insights. #340BProgram #340BCompliance #PharmacyManagement #HealthcareSavings #Katy340BCompass

🚀 Welcome to Katy’s 340B Compass! 🚀 In this first episode, Katy Lees, Principal 340B Compliance Advisor at Virtue 340B, introduces herself and the purpose behind this vlog series. Katy’s 340B Compass is designed to help 340B program stakeholders confidently navigate compliance. Whether you’re a covered entity, pharmacy, or healthcare professional, this vlog will break down complex 340B topics, share real-world experiences, and provide actionable best practices. 💡 What You’ll Learn in This Episode: ✅ Who is Katy Lees? ✅ What is Katy’s 340B Compass, and why should you watch it? ✅ What topics will we cover in future episodes? 🔔 Subscribe & Stay Updated! Don’t miss out—new episodes will drop every two weeks with valuable insights into 340B compliance, pharmacy best practices, and industry updates. 💬 Got a 340B question? We want to hear from you! Submit your questions here: www.virtue340b.com – Katy may answer them in a future episode! 📌 Connect with Us: 🌐 Visit Our Website: https://www.virtue340b.com 📩 Join Our Newsletter: https://www.virtue340b.com/340b-newsletter 📱 Follow Us on LinkedIn: https://www.linkedin.com/company/virtue-340b If you found this helpful, LIKE, COMMENT, and SHARE with your network! Let’s make 340B compliance easier together. 🔥