Bottlenecks within healthcare organizations is a tell-tale sign of inefficiency that can impede your business operation’s natural workflow. This is especially true when it comes to your 340B program since hurdles can negatively impact your program benefits. Legacy systems and obsolete methods in the 340B program process slow down your business growth, leading to non-compliance and consistent revenue loss. However, the good news is that by adopting a few changes in your 340 process, and by leveraging 340B technology solutions, you can overcome these issues. Technology solutions such as a 340B audit management tool, split billing tool, and virtual inventory …

Electronic Data Interchange (EDI) is the seamless exchange of business documents between the organization and their stakeholders. In today’s fast-paced environment, many financial services operations revolve around EDI. A number of these processes reside in resource-intensive and legacy systems. These legacy and resource-intensive challenges are why banks and financial firms have been experiencing low efficiency and decreased productivity. Resulting in a decreased bottom line and dissatisfied customers. As financial businesses grow and evolve, their EDI requirements and need for resources increase. As these workloads increase, the case for adopting an automated approach to EDI becomes more compelling and required. Why …