340B Technology for Pharmacies

Participating in a 340B program offers many benefits for contract pharmacies, including increased customer loyalty, providing access to discounted medications for uninsured patients, providing improved healthcare for its patients and generating dispensing fee income—all without increasing inventory or overhead.

By participating in 340B, pharmacies can work closely with local safety net providers to better serve patients in the community and to build customer loyalty. We simplify the ability for 340B covered entities to work with contract pharmacies.

The SUNRx Virtual Inventory system helps to:

Simplify Pharmacy 340B Inventory Management

Our virtual inventory eliminates the need to maintain a separate 340B stock. Pharmacies can dispense medications from their regular stock. No separate inventory is required. 340B medications are easily tracked, ordered and invoiced to help maintain cash flow and reduce paperwork.

Improve Service to Uninsured Patients

Claims for cash patients are adjudicated in real time, allowing these patients to receive a prescription card that is handled by the pharmacy like customers with third-party coverage. Calculations are done in real time at the point of sale, giving cash patients the benefit of the “lowest-cost” pricing, including 340B prices. 

Improve the Pharmacy’s Business

Pharmacies can improve their business through dispensing fees, increased customer loyalty and increased store traffic.

Increase Compliance and Decrease Liability

We have industry-leading safeguards in place to support 340B compliance and help prevent drug diversion.

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