Wilco Data’s management team offers an incomparable diversity and background experience that allows for a multidisciplinary perspective on 340B program implementation and compliance. By creating successful partnerships between covered entities and contract pharmacies, Wilco Data is preparing its partners for the future of healthcare by identifying opportunities for patient compliance, medication adherence, continuation of care, and wellness opportunities which can contribute to a more positive healthcare outcome.
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.
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.
The 340B landscape is inundated with other companies that do not offer the same type of customized service. Processors focus on signing entities up and then leaving them to do the rest. As an entity, it is extremely difficult to ensure compliance and gain the necessary knowledge required to run a successful 340B program.
At Wilco Data, we work with covered entities to increase revenue and savings, and minimize risk through the 340B program. We offer 340B program consulting and a full-scale turnkey 340B solution. Our solution is built with a strong focus on the health of the entire healthcare system in the community, from the entity to the pharmacy, and ultimately to the patients. Those guiding principles, along with our dedicated team, are what set us apart.