Dallas, TX / Memphis, TN – August 18, 2014: OmniSYS, a nationally recognized leader in Medicare Part
B claims reimbursement and compliance services for pharmacies, and Comprehensive Pharmacy
Services (CPS), the leader in 340B management for covered entities, today jointly announced a
collaboration to provide retail pharmacies with proprietary data-powered 340B management solutions
to improve financial results, increase staff productivity, and strengthen compliance.
OmniSYS, which is in more than 70% of retail chain pharmacies in the U.S., brings expansive expertise
and relationships in the retail pharmacy sector, and will offer the CPS 340B-SmartLink software through
the OmniSYS OmniCONNECT retail web portal solution. The joint solution will provide retail pharmacies
an effective way to manage their 340B business. CPS has been involved with 340B since its inception in
1992 and manages more 340B covered entity pharmacies than any other company. It will serve as the
software engine and compliance experts for OmniSYS’s 340B retail pharmacy customers.
'OmniSYS and CPS are combining forces to provide the rapidly growing 340B retail pharmacy market
with an effective way to manage their 340B business end to end,' said Tricia Fringer, CEO of OmniSYS.
'OmniSYS brings an unrivaled understanding of the retail pharmacy market, and CPS brings pioneering
expertise and proven technology solutions that simplify the complexities of the 340B government
program for retail pharmacies.'
340B-SmartLink will be offered as a module within the OmniCONNECT platform and is highly
configurable to meet retail pharmacies individual needs. 340B-SmartLink is a proprietary rules-based
software platform that simplifies and automates prescription data coming into the pharmacy from
multiple covered entities, regardless of the software they are using, and provides the appropriate order
information to the pharmacy’s financial and inventory systems. 340B-SmartLink helps control inventory
and improve cash flow, while keeping the customer in compliance with the 340B program. The
integrated system also produces fully automated reports and customizable reports that give retail
managers unprecedented visibility into 340B operations.
'Since the beginning of the 340B program, CPS has been at the forefront of helping entities achieve the
goals of the program efficiently and compliantly,' said Don Nickleson, CEO of CPS. 'We look forward to
combining our 340B-SmartLink tools and expertise with OmniSYS’s retail pharmacy marketplace
knowledge to help improve financial and operational performance for this growing segment of the 340B
The federal 340B Drug Discount Program requires drug manufacturers to provide outpatient drugs to
eligible health care organizations/covered entities (such as hospitals) at significantly reduced prices in
order to reach more patients in need. The covered entity hires a contract pharmacy to dispense their
prescriptions, for which the contract pharmacy receives a dispensing fee.
OmniSYS, headquartered in Dallas, TX, offers a comprehensive product portfolio that streamlines
medical claims management for Medicare, Medicaid and Commercial Insurance for pharmacies, DME
providers, managed care organizations, and commercial retiree plans. OmniSYS’ proprietary billing
system and comprehensive audit and compliance services are supported 24/7/365 by a world-class call
center. OmniSYS exclusively offers a high touch patient prescription adherence program for Medicare
beneficiaries, OmniLINK Advantage™, proven to increase adherence and improve medical outcomes
through a series of patient interactions including customer care calls, refill reminders, and educational
mailings. OmniSYS’ current programs support more than 35,000 DME suppliers nationwide, processing
over forty million Medicare claims annually.
About Comprehensive Pharmacy Services
Employing over 1,900 pharmacy professionals, CPS is the nation’s largest provider of pharmacy services
to more than 400 hospitals and healthcare facilities leading to increased quality, reduced readmissions
and lower costs. CPS services include pharmacy consulting, inpatient and outpatient pharmacy
management, telepharmacy and medication related transition of care services. For more information,