If you operate a Section 318 STI clinic, you are eligible for the 340B program. But many STI grantees are not taking full advantage of it. The savings potential is significant, and the path to capturing it is more straightforward than most providers expect.
Why STI Grantees Are Underutilizing 340B
Most STI grantees entered the 340B program to get discounted medications for their patients. That is a good start. But many stop there, using 340B only for in-house dispensing of a limited formulary.
The opportunity goes much further. With the right pharmacy partnerships and program structure, STI grantees can increase their 340B savings by 40 to 60 percent within 12 months.
How to Expand Your 340B Impact
Start by evaluating your current pharmacy arrangements. Are your patients filling prescriptions at pharmacies that are part of your 340B network? If not, those fills represent lost savings.
Next, look at your formulary. Many STI grantees focus narrowly on STI-specific medications. But patients being treated at your clinic often have other prescriptions that also qualify for 340B pricing. Capturing those prescriptions through your program expands your savings without expanding your patient base.
Compliance Considerations for STI Grantees
STI grantees face unique compliance requirements. Patient confidentiality is paramount. HRSA expects clear documentation of patient eligibility and prescription tracking. And your program needs to be structured in a way that protects sensitive health information while still capturing 340B value.
Working with a partner who understands the specific requirements for Section 318 entities is essential.
The Financial Impact
For a mid-size STI clinic, optimizing the 340B program can generate tens of thousands of additional dollars in annual savings. That money goes directly back into patient care, testing, treatment, and prevention programs.
When your clinic can do more with the same budget, your community benefits.
Ready to Take the Next Step?
MedMatrix works with Section 318 STI grantees to optimize their 340B programs. Contact us at info@medmatrix-rx.com to get started.
