340B Insight

How Hospitals Should Prepare for Clean Audits


Listen Later

Health Resources & Services Administration (HRSA) audits of hospitals play a key role in ensuring compliance with 340B rules and regulations. In this episode, Dave Lacknauth, executive director of pharmacy services at Broward Health in Fort. Lauderdale, Fla., joins us to discuss the importance of taking a proactive, comprehensive approach to audit readiness with the goal of ensuring clean audit results. 


Compliance protects 340B access

Being prepared for HRSA audits serves a crucial function that ultimately benefits the patients whom hospitals serve, Lacknauth explains. Maintaining the integrity of 340B means protecting access to 340B savings that hospitals can invest in crucial care for community members that need it. 


Continuous audit readiness

Lacknauth discusses how Broward Health maintains audit readiness by conducting internal audits, bringing in external consultants, and identifying areas of opportunity for improvement. A robust system of internal reviews means that when HRSA comes knocking, Broward Health is already prepared. This was evident after a recent audit of one of the system’s hospitals that resulted in zero recommendations for improvement.


Organization, resources, transparency are key

Preparing for audits requires a health system to invest time and resources, but Lacknauth stresses that these investments pay off. Engaging a comprehensive team from various departments in the audit readiness process allows for a health system to have the appropriate level of responsiveness and transparency during a HRSA audit.


Resources:

  1. Nebraska Is 12th State To Enact Contract Pharmacy Protections
  2. Idaho Becomes Fourth State To Mandate 340B Reports From Hospitals
...more
View all episodesView all episodes
Download on the App Store

340B InsightBy 340B Health

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

21 ratings


More shows like 340B Insight

View all
WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,711 Listeners

The NPR Politics Podcast by NPR

The NPR Politics Podcast

25,785 Listeners

Up First from NPR by NPR

Up First from NPR

56,021 Listeners

KFF Health News' 'What the Health?' by KFF Health News

KFF Health News' 'What the Health?'

480 Listeners

The Readout Loud by STAT

The Readout Loud

318 Listeners

Suze Orman's Women & Money (And Everyone Smart Enough To Listen) by Suze Orman Media

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

4,404 Listeners

On Purpose with Jay Shetty by iHeartPodcasts

On Purpose with Jay Shetty

26,964 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

2,968 Listeners

The Daily Dad by Daily Dad

The Daily Dad

572 Listeners

The Working Genius Podcast with Patrick Lencioni by Patrick Lencioni

The Working Genius Podcast with Patrick Lencioni

362 Listeners

Pharmacy Innovators Podcast by Visante Consulting

Pharmacy Innovators Podcast

7 Listeners

340B Unscripted by SpendMend Pharmacy

340B Unscripted

32 Listeners

WSJ's Take On the Week by The Wall Street Journal

WSJ's Take On the Week

127 Listeners

Inside 340B Report by 340B Report

Inside 340B Report

2 Listeners

340Banter Podcast by FQHC 340B Compliance

340Banter Podcast

7 Listeners