Through SUNRx, MedImpact offers a fully comprehensive 340B program. The processor-centric model is designed to leverage the current pharmacy infrastructure in place across America. SUNRx works with eligible entities and their specific 340B business needs.
The MedImpact/SUNRx virtual inventory program eliminates the need to maintain separate 340B physical inventories. As medications are dispensed to eligible patients, the system tracks this usage virtually and replenishes drugs to contracted pharmacies at the 340B discount price.
As part of its processor-centric model, SUNRx has established a complete financial reconciliation process, including all invoicing and claims reconciliation. Using the claims data either through the switch or through MedImpact at the point of sale, MedImpact handles all billing and financial reconciliation on behalf of the hospital. SUNRx provides clients with a quarterly true-up report.
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