Verity 340BTM

Purchase Analytics*

Verity 340BTM Purchase Analytics identifies the optimal NDC mix for significant savings opportunities. By pro-actively analyzing each NDC drug price and your pharmacy spend data, Purchase Analytics delivers dynamic insight into your data. Your procurement and purchasing team is able to make quick and data-driven purchasing decisions creating an average savings of 10-13% of total drug spend.

• Enhances any existing 340B Program, regardless of which Third Party Administrator or wholesaler you use.

• Rapid Implementation

• No Staff resources require to implement or operate, Verity experts manage the program for you

• Cloud-based - no software to download or maintain

• Built-in business rules and price trends

• Complimentary spend analysis uses your actual purchase history so you can see the savings potential before you buy.

verity340b.com 800.581.1378

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Statistic GPO 340BOverall

Calculation

Drug Utilization 40% 60%

Drug Cost A $100 $90 $94

Drug Cost B $110 $50 $74

WHICH DRUG WOULD YOU BUY?

RESULT:

Based only on GPO price, you would pick DRUG A

Based on price and utilization, you would pick DRUG B

Without evaluating GPO and 340B prices by utilization, hospitals purchase more expensive medication options 66.5% of the time.

Factors reviewed on NDC's quarterly:

• GPO and 340B Pricing

• Utilization by Purchase Category

• Wholesaler Availability of Stock

• New Generics

• New Brand Name Drugs

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