Apexus Wins U.S. Health Resources and Services Administration 340B Prime Vendor Contract.IRVING, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to -- Apexus, announced today that is has been awarded the 340B Prime Vendor Contract by the U.S. Health Resources and Services Administration The Health Resources and Services Administration (HRSA) is an agency within the United States Department of Health and Human Services whose goal is to improve access to health care for those without insurance. (HRSA HRSA Health Resources & Services Administration (US) HRSA Historical Radio Society of Australia HRSA Hamilton Rating Scale for Anxiety HRSA Hotel and Restaurant Suppliers Association (Canada) ). The five-year contract is effective September 10, 2009. Apexus has managed the Prime Vendor Program since June 2003 and was selected over two other companies in a recent competition. Apexus, a non-profit subsidiary of Provista Inc., currently represents over 9,000 of the government's eligible 340B facilities (including hospitals, community health centers and family planning clinics family planning clinic n → clínica de planificación familiar family planning clinic n → centre m de planning familial ) which collectively represent 90 percent of reported purchases in the 340B Drug Pricing Program. These organizations spend more than $4.5 million on outpatient drugs within the 340B Drug Discount Program annually. All eligible covered entities in the U.S. are eligible to join HRSA's 340B Prime Vendor Program on a voluntary basis to access additional discounts on pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. products and services. "We are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. to be awarded the HRSA's Prime Vendor contract. The program offers a significant opportunity for qualifying hospitals and other providers to save on outpatient drugs and supplies," said Chris Hatwig, vice president, Prime Vendor Program, for Apexus. "Through the program, qualifying hospitals and all of HRSA's smaller grantees can shave shave (shav) 1. to cut at or parallel to the surface of the skin. 2. to remove the beard or other body hair by such a process. 3. to cut thin slices from or to cut into thin slices. between two percent and 35 percent from the 340B ceiling prices on selected products. This is especially important considering the rising number of uninsured patients served by these institutions." Section 340B of the Public Health Service Act was established as part of the Veterans Health Care Act. This federal legislation provides discounts on outpatient drug purchases for eligible covered entities, which include public hospitals, community health centers, clinics and other safety-net providers that serve a disproportionate dis·pro·por·tion·ate adj. Out of proportion, as in size, shape, or amount. dis  pro·por share of low
income and uninsured patients. Through the programs, these entities can
purchase outpatient pharmaceuticals at discounted pricing, thereby
expanding access to care to low-income and vulnerable segments of the
population.
As the Prime Vendor Program contract holder, Apexus is responsible for negotiating pharmaceutical pricing below the 340B ceiling price, and for improving access to affordable medications by establishing a distribution network for pharmaceuticals to covered entities. Health care providers that wish to join the Prime Vendor Program can visit www.340bpvp.com or call 888-340-2747. About Apexus Founded in 2007, Apexus Inc., a nonprofit corporation nonprofit corporation n. an organization incorporated under state laws and approved by both the state's Secretary of State and its taxing authority as operating for educational, charitable, social, religious, civic or humanitarian purposes. , is the HRSA's Office of Pharmacy Affairs awarded contractor to serve as the prime vendor for the 340B Program. Based in Irving, Texas, the prime vendor's role is to secure sub-ceiling discounts on outpatient drug purchases and discounts on other pharmacy related products and services for participating public hospitals, community health centers, and other safety-net health care providers electing to join the program. For more information on Apexus, go to www.340bpvp.com. |
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