340B Pharmacy Owner’s Report
340B Pharmacy Owner Report Overview
Your customized 340B Owner Report will:
Provide you information to see which 340B scripts are truly driving your profitability
Show you how profitable your 340B business is
Show you which patient (by patient ID, NEVER by patient name) and prescribers to target for potential outreach
Help you make better informed decisions about the direction of your pharmacy
The key to unlocking your customized 340B Owner Report is to show you your Net Improvement.
Net Improvement is the additional margin, the extra money your pharmacy makes, by having the 340B program.
The Net Improvement is calculated by
First taking the Price you charge for the prescription and subtracting your cost for the medication. This is your Gross Margin.
The Net Improvement takes the Dispensing Fee that your Covered Entity pays you, and subtracts the Gross Margin. This is the “extra” money that your pharmacy makes as a result of having the 340B program.