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HRSA audits

HRSA begins audits

by pharmacy on August 29, 2012

HRSA begins 340B audits -are you prepared?

The passage of the federal 340B drug discount program in 1992 gave the Health Resources and Services Administration (HRSA) authority to audit hospital pharmacies enrolled in the program, but the HRSA has only recently begun to exercise its authority.

The 340B program allows qualified pharmacies and health care providers to purchase and dispense outpatient medications at a discount for dispensation to low-income patients, many of whom have chronic conditions. The HRSA claims that the program passes significant savings of 20% to 50% to participants, a total annual savings of about $5 billion. [click to continue…]

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