FHCHC notes gain for month of January sees significant savings through discount pharmaceutical program Featured

FHCHC notes gain for month of January sees significant savings through discount pharmaceutical program KVOE News File Photo

Flint Hills Community Health Center is continuing its positive trend of net gains through the first month of 2021.

For the month of January, the health center saw a net gain of nearly $88,000 according to the monthly financial report delivered during the board's monthly meeting Tuesday afternoon. The gain was well above the projected gain of $33,000 and days cash on hand increased to its highest number of days since 2014 at 158.

FHCHC CEO Renee Hively says she is very pleased with the gain especially considering productivity was down slightly for the month. She says the Eureka clinic played a significant role in the month's gain.

 

Hively added that the health center's 340B program also spurred some positive results from a financial standpoint. The 340B program allows FHCHC patients to receive pharmaceuticals and prescriptions from contracted pharmacies at a significant discount.

For 2020 the health center saw net savings from the program of over $122,000. Hively says the program has steadily improved since its inception in the local community back in 2018.

She says there are some plans to add on additional contractors in the near future.

 

According to Hively, the health center is looking at possibly adding CVS and Haag Pharmacies to their list of contractors, however, discussions with Haag have yet to commence.

The FHCHC Board of Directors will next convene for their monthly meeting on Tuesday, Mar. 23 at noon inside the Havenhill Conference Room.

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