Reducing WAC Premium is key to keeping 340B health system med spend at maximum efficiency.
We started The 2% Club to celebrate pharmacy teams that have worked hard to bring their WAC Premium to two percent of their total inpatient spend.
"The additional cost for a medication purchased at Wholesale Acquisition Cost (WAC) over Group Purchasing Organization (GPO) price.
WAC Premium can be reduced in a variety of ways, including 340B system fixes, operational interventions, local contracting, or product selection optimization."
Central Florida
$700k/mo → $99k/mo
1.4%
WAC Premium
Upper Midwest
$1M/mo → $325k/mo
1.6%
WAC Premium
Mid-Atlantic
$236k/mo → $62k/mo
1.17%
WAC Premium