Informed automation and insights—fully embedded within Shields operating model
See your specialty pharmacy 340B program clearly and act with confidence. By automating critical 340B workflows and integrating data across disparate systems, 340B IQ helps you optimize program performance, ensure compliance, and reduce manual efforts along the way.
340B IQ™
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Book a demo with our team to get a first-hand look at how 340B IQ brings clarity to complexity and helps you make smarter decisions every day.
Discover the Power of 340B IQ
Shields delivers connected performance for health system specialty pharmacy. Our proprietary platform automates workflows and surfaces insights across patient engagement, access management, clinical management, 340B optimization, operational performance, and program growth and strategy. Our 2,000+ pharmacists and specialists act on what the platform identifies — technology and expertise as one integrated system.
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Increased 340B Savings
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Automated Auditing for Robust Compliance
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Enhanced 340B Reporting & Analytics
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MFP Refund & 340B Rebate Program Management
No 340B TPA is perfect, meaning savings are often left on the table. Our solution empowers your team to automatically identify and review non-340B claims for potential eligibility, transforming a manual, time-consuming process into a streamlined, scalable workflow that ensures you capture every opportunity.
Uncover missed opportunities to increase 340B savings and improve program performance through targeted, data-driven action.
INCREASED 340b SAVINGS
Add a powerful layer of protection to keep your 340B program aligned with your risk tolerance. With automated risk stratification based on custom thresholds, 340B IQ prioritizes high-risk claims for targeted review while streamlining the overall audit process. Comprehensive audit trails ensure full transparency and support HRSA audit readiness all while reducing administrative burden.
Automate auditing across all 340B claims and significantly reduce administrative burden.
Robust compliance & Auditing
Transform your specialty pharmacy 340B program management by moving beyond Excel. Gain a comprehensive view of your program's performance with our real-time reporting and insights. Our solution ensures you have all the critical information at your fingertips, empowering you and your team to make faster, more informed decisions for your specialty pharmacy 340B program.
Transform Insights into Action with a Comprehensive Program Overview
Enhanced 340B Reporting & Analytics
Financial Performance
Take control of MFP validation and 340B rebate accuracy with 340B IQ. Using integrated data from the Medicare Transaction Facilitator and Beacon, 340B IQ validates MFP eligibility, verifies manufacturer’s 340B reason codes, and compares expected refunds and rebates to actual payments.
Gain confidence and control over the IRA’s Maximum Fair Price (MFP) and HRSA 340B rebate programs.
MFP REFUND & 340B ProGRAM Management
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Therapy Management Workflow Enhancement
For covered entities leveraging pharmacist-led medication therapy management within their 340B program, this module autonomously identifies claims that meet eligibility criteria and flags patients missing required pharmacist activity. It replaces manual data extraction and Excel-based workflows with automated integration, standardized validation, and direct routing to pharmacist work queues, reducing manual effort, accelerating analysis, and closing care gaps.
Automate the Process So Your Pharmacists Can Focus on the Patient.
THERAPY MANAGEMENT WORKFLOW ENHANCEMENT
340B Savings Capture Rate (%)
Total 340B Savings ($)
Missed Opportunity Rate (%)
Compliance and Risk
High-Risk Claim Rate (%)
Duplicate Dicount Rate (%)
HRSA Audit Readiness Score
Opportunity Insights
"What if" analysis to determine potential impact to program savings
340B opportunity activity breakout
