Reducing WAC Premium is key to 340B efficiency.
The 2% Club recognizes pharmacy teams that consistently keep their WAC Premium to just 2% of total inpatient spend.
WAC Premium is the extra cost incurred when purchasing a drug at the Wholesale Acquisition Cost (WAC) price rather than through a discounted alternative like a GPO contract.
It is calculated as the price difference between WAC and the lower GPO price, multiplied by the units purchased on WAC.
QuicksortRx helps hospitals reduce WAC Premium through 340B accumulation fixes, operational improvements, new local contracts, and optimized product selection.