340B Leaders Upfront
In this episode of our business podcast 340B Leaders Upfront, host Anna Mangum sits down with Lynn Eschenbacher, Chief Pharmacy and Strategy Officer, and Anthony Velazquez, Chief Product Officer. PharmaForce is a pharmacy solutions provider, third-party administrator (TPA), and pharmacy benefits manager (PBM) that provides inventory management, contract pharmacy, split billing implementation, referral capture, and 340B ESP reporting services to 340B health systems and grantees. Key Topics Covered: Formative Experiences in 340B Lynn and Anthony outline their career trajectories in pharmacy leadership and business operations, respectively, and formative experiences in providing pharmacy services to vulnerable patient populations in 340B settings. Lynn describes her roles with a number of prestigious academic health centers and start-up ventures. Anthony describes his 340B business and compliance roles with both health centers and health systems in the Philadelphia area. Information to Action to Outcomes Anthony provides an overview of how PharmaForce is reimagining the TPA space, anchored by an evolving business intelligence platform that enables covered entities (CEs) to help meet the new compliance requirements and other challenges in 340B. Lynn reviews several key features of the platform: adaptability, real-time transparency, data insight, and unification of siloed functions and data streams. Investing in Technology vs. More FTEs Anthony provides a historical perspective, observing that today's CEs are at an inflection point: having to deploy ever increasing numbers of highly specialized staff to operate the 340B program, and why embracing technology can play a key role in alleviating the burden. He showcases the value of PharmaForce's offerings in enabling CEs to more effectively meet the growing volume and magnitude of compliance demands. Supporting Clients in Addressing State-Level Action Lynn provides an overview of how PharmaForce supports clients in navigating the fragmented and sometimes confusing landscape of state-level contract pharmacy restrictions and provider reporting requirements, ranging from interpreting new policies to implementing documentation discipline. 340B Leadership Skills Lynn outlines key skills in effective operational leadership for the 340B programs of today: approaching 340B strategically, versus administering 340B as an isolated program within a larger healthcare system or context; crafting the CE's narrative around 340B, to ensure that it is accurate; cultivating relationships with C-suite leaders; and investing in IT and other infrastructure solutions to more efficiently manage increasingly complex 340B operations. Follow our Podcasts Stay tuned for more episodes of 340B Leaders Upfront, which are posted monthly! Subscribe to 340B Leaders Upfront on your favorite podcast platform or YouTube. Bonus: Listen to Inside 340B Report, our twice-monthly podcast, to get a behind-the-scenes window into the latest 340B news and developments from the journalists at 340B Report. Special Offer for New 340B Report Subscribers First-time subscribers to 340B Report can use code PODCAST25 for 25% off when subscribing. Or contact us for a free 15-day trial to see why 340B Report is the indispensable source for 340B news and intelligence.
16 episoder
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