Sep 02, 2016

Press Release: Visante Audit Validates ScriptPro Real Time 340B Processing

Press Release – For Immediate Release

Visante Audit Validates ScriptPro Real Time 340B Processing

MISSION, KS – ScriptPro announces that its unique real time 340B processing system has successfully passed an intensive audit performed at University of Kentucky by Visante Inc. Visante is a leading firm in 340B audit and compliance support and is completely independent with no fiduciary relationship to ScriptPro or any other split-billing vendors. The audit covered over 100,000 prescriptions processed in UK pharmacies during the first half of 2016. According to Gary Johnson, Chief Pharmacy Officer of UK, "The audit confirms what we already knew. We can rely on the accuracy of ScriptPro's real time processing system to ensure compliance with complex 340B regulations."

Jim Jorgenson, Chief Executive Officer of Visante, commends ScriptPro saying, "Visante congratulates ScriptPro for recognizing the critical value of the 340B Drug Pricing Program and for the decision to have its system evaluated by external, independent consultants." The audit report concludes, "Visante feels confident that with continued focus on the 340B Program, and with the support of covered entity partners, ScriptPro will continue to provide a successful and compliant software solution to UK and other customers."

ScriptPro's real time 340B compliance engine differs from after-the fact-processing methods used by other split-billing systems. According to Mike Coughlin, ScriptPro's President and CEO, "Our 340B determinations are made by the pharmacy management system as prescriptions are filled. The system can then automatically direct staff to use 340B drug stock for qualified prescriptions. And it provides a basis for direct verification of prescription transactions rather than through analysis of aggregate data accumulations."

Johnson concurs with the importance of a transaction based approach. He says, "As stated in the Visante report, ScriptPro goes beyond the capabilities of other split-billing vendors when its qualifying logic can extend to considering the locations where prescriptions are written. This supports both flexibility and accuracy in qualifying prescriptions for 340B."

ABOUT SCRIPTPRO: ScriptPro provides a comprehensive, integrated platform of robotics-enabled systems to optimize retail and ambulatory pharmacy operations, promoting safe and effective medication use, including automated inventory management, telepharmacy integration, and support for specialty pharmacy services, high-risk/high cost medications, 340B dispensing, and third party financial management. For more information, go to www.scriptpro.com.

ABOUT VISANTE: Visante, with offices in the U.S., Canada, and the United Kingdom, provides medicines management consulting to a wide variety of healthcare entities, including hospitals, health systems, managed care organizations, health IT and technology firms, and pharmaceutical manufacturers. Visante helps clients optimize medication use, increasing the quality of patient care and managing costs. Founded in 1999, Visante is comprised of consultants who are pharmacists, physicians, nurses, finance, and IT professionals, each with 20 or more years of healthcare experience. Learn more at www.visanteinc.com.

Market Buzz

Sep 19, 2018 RXQ Compounding Expanding in Albany
Sep 17, 2018 Middlesex Hospital Bolsters Pharmacy Safety and Compliance by Extending Wolters ...
Sep 14, 2018 Synergy Medical once again among Canada's Top 500 Companies
Sep 10, 2018 American Associated Pharmacies Taps FDS to Bring its Members a State-of-the-Art ...
Sep 10, 2018 Rees Scientific achieved ISO/IEC 17025:2017 Accreditation
Sep 06, 2018 Medical Packaging Inc. Named One of The Best Places to Work In New Jersey
Sep 06, 2018 Americorp Financial Launches New Brand, Website for Equipment Financing
Aug 30, 2018 Letco Medical, L.L.C. Announces Exclusive Partnership with Sweetgrass GxP Group,...
Aug 29, 2018 QS/1® Selected as Early Adopter in New CMS SCRIPT Standard
Aug 23, 2018 Innovations to Omnicell Patient Engagement Platform Support Value-Based, Patient...
Aug 14, 2018 ACHC and ExceleraRx Corp. Form Partnership
Aug 13, 2018 RetailSTARx with McKesson’s EnterpriseRx Supports ID Tracking for Controlled S...
Aug 07, 2018 Fagron, Inc. Announces New Hair Care Line - TrichoConcept™
Aug 03, 2018 Letco Medical, L.L.C. Launches Pharmacy Financial Services to Support Compoundin...
Aug 02, 2018 Beaumont Health Selects Omnicell’s Medication Management Platform and Services...
Jul 31, 2018 Lupin launches generic Desoximetasone Topical Spray, 0.25% in the US
Jul 25, 2018 NYU Langone Health Expands Strategic Partnership with Omnicell for Automated Med...
Jul 25, 2018 Prudential Cleanroom Services Hosts Ribbon Cutting Ceremony at Nashua, NH Cleanr...
Jul 18, 2018 Excelera® Specialty Pharmacy Network Announces Access to Breast Cancer Treatmen...
Jul 17, 2018 Multi-Store Independent Pharmacy Streamlines Operations with Epicor Eagle N Seri...
Jul 12, 2018 Acentrus Specialty Partners with CPPA for Specialty Pharmacy Practice Accreditat...
Jul 12, 2018 Letco Medical, L.L.C. Acquired by Current Management Team
Jul 10, 2018 Lorrie A. Carr Appointed as CEO for Excelera
Jul 02, 2018 Medi-Dose, Inc. / EPS, Inc. Announces New Packaging Option for its Steri-Dropper...
Jun 26, 2018 Effective June 26, R.J. Hedges & Associates will be offering their comprehensive...
Jun 25, 2018 Medical Packaging Inc. Named One of The Best Places to Work In New Jersey
Jun 20, 2018 Prudential Overall Supply a Clean Green Certified Company Releases Clean Green V...
Jun 15, 2018 Retail Management Solutions named in the top 250 of the Fifty Five and Five Inbo...
Jun 14, 2018 Tutela Welcomes Fertility Specialists Medical Group (FSMG) and The San Diego Cen...
Jun 11, 2018 SuiteRx Saves the day at APPA's 2nd Annual PharmaCon Expo

RXinsider Product Overview Videos