
RPH Innovations
340B program management and audit services enhancing compliance and operational efficiency for rural primary care organizations.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | N/A | Merger | |
Total Funding | 000k |
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RPh Innovations specializes in providing comprehensive 340B program management and audit services, focusing on the intricate legal, regulatory, and business aspects of 340B compliance. The company primarily serves rural primary care organizations, helping them navigate the complexities of the 340B prescription drug program, which is crucial for safety net providers. RPh Innovations generates revenue through its service offerings, which include program management, claims processing, and audit services. The business model is centered around leveraging expertise in retail pharmacy, drug pricing, and clinical operations to improve access and ensure compliance for covered entities. By fostering successful contract pharmacy relationships, RPh Innovations aims to bridge the gap between entities and pharmacies, ultimately enhancing pharmacy savings and access. The company's commitment to compliance and preparation is underscored by its proactive approach to HRSA audits, helping clients avoid the costly repercussions of non-compliance. Founded by Robert L. Johnson, a licensed pharmacist, RPh Innovations is driven by a passion for supporting rural communities through creative solutions in the pharmaceutical industry.
Keywords: 340B, compliance, rural healthcare, pharmacy management, audit services, claims processing, HRSA audits, drug pricing, primary care, pharmacy savings.