What is true about purchasing through contract pharmacies?

Purchasing through contract pharmacies in the context of the $340B Program is indeed associated with the necessity of having established policies before engaging in any purchasing activities. This is essential because clear policies help healthcare organizations outline their processes for compliance with program requirements, ensure adherence to regulations, and mitigate risks associated with improper use of the program.

Having robust policies in place allows entities to define their relationship with contract pharmacies, establish protocols for tracking and reporting drug purchases, and ensure that all actions taken are aligned with both federal and state requirements. By doing so, entities can maintain the integrity of the 340B Program, safeguard against non-compliance issues, and provide a framework for training staff involved in purchasing activities.

In contrast, the other statements do not accurately reflect the requirements or framework for purchasing through contract pharmacies. For example, while certain guidelines exist, prior approval from the drug manufacturer is not universally required for all purchases through contract pharmacies. Similarly, contract pharmacies cannot operate effectively without clear documentation to support their transactions and verify compliance, making the notion that such purchasing can be done without documentation incorrect. Furthermore, the program is not limited to government-funded entities alone; various types of eligible healthcare organizations can participate.

Thus, the importance of established policies cannot be overstated,