SOLUTIONS
340B Audit and Compliance Consulting Audit Preparation Support Tasks: The following are representative tools and techniques that The V Team uses, based on our experience of supporting 75+ Entities during a HRSA audit. Our portfolio includes hundreds of Covered Entities. We use proven methods and provide guidance that replicates an actual HRSA Audit. We support Mixed Use areas, Contract Pharmacies, Disproportionate Share Hospitals, Critical Access Hospitals, Federally Qualified Health Centers, and more.
Provides guidance and reference material for the definition of patient, provider, and covered entity location.
Testing of Transaction auditing to validate 340B eligible dispensations and accumulations for replenishment.
Audit of split-billing system processes, for Mixed Use, Hospital Based outpatient & contract pharmacies and retail contract pharmacies.
Evaluation of current 340B registrations to ensure accuracy, completeness for parent, child sites, and Contract Pharmacy registrations, correct primary contact and authorizing official information, and Medicaid billing and exclusion file reporting status.
Provide a summary of findings as well as an outline of recommendations to identify opportunities for improvement to move to regulatory compliance.
Customizes creation or review of current 340B policies and procedures. Our focus will bring to light areas that we have become familiar with, that HRSA focuses on; including, but not limited to policy and process, oversight, Group Purchasing Organization (GPO) exclusion, Medicaid regulatory compliance, audit transaction sampling to identify possible areas of diversion & non-compliance.
Authentication of employed and contracted provider listings.
Tailor our approach to meet Entity’s specific needs.
Confirmation of National Drug Code (NDC) reporting.
Have you Received a HRSA audit notice?
ARE YOU REQUIRED TO OBTAIN AN ANNUAL INDEPENDENT AUDIT PER THE TERMS OF YOUR HRSA AUDIT CORRECTIVE ACTION PLAN?
The V Team can serve as your partner in preparing for, during the HRSA audit and to provide guidance in response to your HRSA Audit findings. We will work with you onsite or remotely. The Veriloquent Advisory Group LLC team works with your team to provide an array of support services tailored to your needs:
Identify the Pharmacy, Executive, Legal, Compliance, Audit, IT, et al. team members that play a role in supporting the audit.
Preview, securely download and document of all information and data requests expected by the HRSA auditor.
Provides confidence and support onsite and remotely during the actual HRSA audit.
We have supported 75+ Covered Entities mostly onsite during the HRSA audit. This support proves to be extremely beneficial, as tensions and emotions, and reactions can run high during the audit.
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