Wilco Data is a patient-care driven advocate focused on aiding your healthcare entity to remain compliant and efficient in this volatile and complex industry to ensure profitability and the long-term viability of your organization for the sake of the patients and communities which
“Our regional clinic had used another 340B administration company in the past, but since working with Wilco Data, we have added all of our clinics on the 340B program and we are now able to provide our communities with more services because of the additional revenue Wilco Data has helped us to achieve.”
“Wilco Data helped our regional hospital implement our 340B program. They provided us with a turnkey solution which included helping with the registrations, contracting with our local community pharmacy and establishing wholesaler accounts. We now have an additional revenue stream which we use to support needy families in our area without the added cost of
The 340B Drug Pricing Program requires drug manufacturers to provide outpatient drugs to eligible health care organizations/covered entities at significantly reduced prices.
The 340B Program enables covered entities to stretch scarce Federal resources as far as possible, reaching more eligible patients and providing more comprehensive services.
Eligible health care organizations/covered entities are defined in statute and include HRSA-supported health centers and look-alikes, Ryan White clinics and State AIDS Drug Assistance programs, Medicare/Medicaid Disproportionate Share Hospitals, children’s hospitals, and other safety net providers. See the full list of eligible organizations/covered entities.
U.S Department of Health and Human Services. Citing Website. 340B Drug Pricing Program & Pharmacy Affairs. Retrieved 01/ 09/ 2014, from www.hrsa.gov/opa
To participate in the 340B Program, eligible organizations/covered entities must register and be enrolled with the 340B program and comply with all 340B Program requirements. Once enrolled, covered entities are assigned a 340B identification number that vendors verify before allowing an organization to purchase 340B discounted drugs.
Partnering with a fully transparent 340B overlay that is focused on federal compliance and equitable cost sharing can be seen as a turnkey solution that allows for all monitoring and reporting to be contracted out as opposed to hiring additional internal staff to oversee a continually evolving program.
Wilco Data believes in a multifaceted approach to healthcare. The management team understands the complexities at various levels of the healthcare system and works to develop interdisciplinary relationships that improve the method in which healthcare is managed and positive outcomes are achieved. Evaluating multiple areas of the healthcare delivery system simultaneously creates opportunities for increased patient care and operational inefficiencies to be identified more easily. By reporting the information in a simple manner and keeping financial information transparent, it is easier for a cross section of the healthcare providers to understand the role they play in achieving a
The goal of Wilco Data is to attain positive outcomes and increase patient care opportunities while reducing waste and increasing margins for healthcare providers. Specifically, Wilco Data makes healthcare more accessible by partnering with hospitals and clinics to bring pharmacy services into areas where the need exists. The hospitals and pharmacies work together to maximize their available resources to increase patient care options without significantly increasing their financial risk. The experience of the management team is diverse enough to understand the operational challenges faced by primary care providers, pharmacies, and the patients whom they both serve.
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