Frequently Asked Questions
How long does the audit process take?
Our typical audit process takes 30-45 days after we receive all of the data required. We tailor our services to best meet the needs of each entity, so if you desire multiple on-site visits, we are happy to provide those services as well, which may impact timelines. Contact us for details regarding services you may need.
Are audits completed on-site or virtually?
We offer either option and help determine the best needs for your entity during initial calls.
Do you provide split-billing or contract pharmacy software?
No – Ideal Therapeutics is not an administrator. We help entites manage their vendors and internal programs. We make sure entities are maximizing the effectiveness of their 340B program while maintain compliance with the guidelines.
Can you help us with internal 340B education?
Yes – we can help manage split billing & contract pharmacy vendors.
Can you help us expand our 340B program into new areas?
Yes, we’ve helped entities expand in-house pharmacy services, contract pharmacy services, and maximize their program revenue.
Do you have a 340B RFP Template?
Yes, we have a comprehensive service to customize your RFP needs. We have transparent data analytics and scoring program to ensure your RFP process is run efficiently, effectively, and honestly.
What is the cost of a 340B Audit?
Our 340B Audits are customized for the needs of each entity. Please contact us for a quote today!
How much does a 340B Management Service cost?
Our 340B Management service is a small fraction of the cost of hiring a pharmacist to be on staff. Our Services are tailored to meet the needs and size of your entity. Please contact us today for a quote.
Do I really need an independent 340B audit every year?
HRSA recommends an independent 340B audit be completed annually to ensure maximum compliance with the regulations of the program.