340B Compliance Partners

What 340B Compliance Partners does

340B Compliance Partners is a pharmacist-owned private consulting firm founded in 2017 and based in Roaring Spring, Pennsylvania, that provides independent audits, education, and ongoing compliance support exclusively for the federal 340B drug pricing program. The company serves five covered entity categories — Disproportionate Share Hospitals (DSH), Critical Access Hospitals (CAH), Sole Community Hospitals (SCH), Federally Qualified Health Centers (FQHC), and Children's Hospitals (CH) — offering mock HRSA audits, annual independent audits, policy and procedure creation, contract pharmacy and TPA negotiation, oversight committee facilitation, and referrals management. All staff are pharmacists or pharmacy technicians, and leadership — including President and CEO Sherri D. Faber, RPh, MHA — holds Apexus 340B Advanced Operations Certification with firsthand experience administering 340B programs and surviving real HRSA audits from the covered entity side.

The company's core technology and productized offerings include 340Binder (file automation for covered entity-to-TPA workflows), Honey B Academy (remote coordinator training), and 340B Bootcamp (onsite training), alongside the core audit and consulting services. Distribution is direct-to-client through consultation calls, conference speaking, website lead capture, and organic social channels (LinkedIn, Twitter/X, Instagram). The company does not disclose any technology stack details, integrations, APIs, or AI/ML capabilities.

340B Compliance Partners generates revenue through a four-tier subscription model — Bronze (annual audit plus à la carte hourly rates), Silver (audit fee spread over 12 months plus year-round advisement), Gold (full-service partnership with policy maintenance, committee oversight, vendor selection, and ongoing monthly audit review at a flat monthly fee), and Platinum (Gold features plus ongoing monthly audits, missed-opportunities analysis, and maximum audit discount). Pricing is quote-based and not publicly disclosed. The company is bootstrapped with no disclosed institutional funding, ownership is concentrated with founder-operator control, and the firm has 11–50 employees. No revenue figures, customer counts, or M&A activity are publicly disclosed.

Name

340B Compliance Partners

Legal name

340B Compliance Partners

Website

https://340bcompliancepartners.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

340B Compliance Partners is a pharmacist-owned consulting firm that provides independent 340B drug pricing program audits, mock HRSA audit preparation, training, and ongoing compliance support to DSH, CAH, SCH, FQHC, and Children's Hospital covered entities across the United States.

Ownership category

akta.pro rank

Product category

340B Compliance Consulting and Auditing

NAICS

All Other Business Support Services (561499)

SIC

Services-Health Services (8000)

akta.pro primary industry

340B Program Administration & Contract Pharmacy Services (HLAFALAL)

akta.pro secondary industry

Government Pricing & Compliance (Medicare/Medicaid/340B/AMP/Best Price) (HLAIAKAE)

Keywords

• 340B compliance auditing
• 340B program consulting
• HRSA audit preparation
• Covered entity compliance
• Drug pricing compliance

Headquarters

HQ city

Roaring Spring

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Subscription-based Service Plans: Monthly subscription plans (Bronze, Silver, Gold, Platinum tiers) with flat monthly fees and annual audit discounts. Higher tiers include more comprehensive services including ongoing monthly audits, policy maintenance, and committee oversight.
2. A la carte Services: Hourly rates for separate services offered to Bronze tier clients and others requiring additional support beyond their plan.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

340B Compliance Partners provides pharmacist-led 340B Drug Pricing Program compliance services to healthcare covered entities, including annual independent audits, internal audits, mock HRSA audits, contract negotiation assistance, policy and procedure creation, oversight committee facilitation, 340B ESP maintenance, referrals management, and TPA implementation assistance. Service delivery is bundled through tiered monthly subscription plans with à la carte hourly consulting for additional support, and is reinforced by proprietary training tools (Honey B Academy and 340B Bootcamp) and an audit automation binder (340Binder).

Product overview

340B Compliance Partners is a pharmacist-owned and operated private company offering a portfolio of consulting and audit services centered on the federal 340B drug pricing program. The core offering is a suite of tiered service plans (Bronze, Silver, Gold, Platinum) that provide independent audits, education, training, policy/procedure creation, and ongoing program management. Supporting named offerings include Honey B Academy (remote coordinator training), 340B Bootcamp (onsite training), 340Binder (file automation for TPAs), Contract Negotiation Assistance, 340B ESP Maintenance, Oversight Committee facilitation, Referrals management, and TPA Implementation Assistance. The company speaks the language of pharmacy and 340B, providing guidance that resembles real HRSA audits.

Differentiator

Problem solved

Functional benefit

Brands

• Honey B Academy: Expert 340B remote individual training for new coordinators.
• 340Binder
• 340B Bootcamp

Products and services

• Annual Independent Audit
• Internal Audits
• Mock HRSA Audits
• Contract Negotiation Assistance
• 340B ESP Maintenance
• Oversight Committee Facilitation
• Policy and Procedure Creation
• Referrals Management
• TPA Implementation Assistance
• Honey B Academy Proprietary 340B training program developed by 340B Compliance Partners to educate covered-entity pharmacy teams on 340B fundamentals, compliance obligations, and audit readiness. Sold as a structured training offering separate from the core subscription plans.
• 340B Bootcamp Intensive onsite 340B training program covering program operations, compliance, and audit preparation, delivered to client pharmacy teams. Sold as a distinct, onsite education offering separate from the recurring subscription services.
• 340Binder Proprietary 340B audit binder and automation tool developed by 340B Compliance Partners to organize compliance documentation and streamline audit preparation for covered entities. Sold as a standalone product that complements the firm's consulting services.

Quantifiable outcome

• Expanded DSH 340B program from entity-owned employee pharmacy to over 70 contract pharmacy locations with clinics converting to provider-based and achieving Joint Commission compliance

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• SunRX (340B program management): SunRX provides 340B program management, contract pharmacy administration, and audit support services for covered entities. It overlaps directly with 340B Compliance Partners' core compliance/audit offering and competes for similar hospital and health-system customers.
• CaptureRx: CaptureRx provides 340B split-billing, contract pharmacy, and program-management software and services. While more software-led than 340B Compliance Partners, it operates in the same covered-entity compliance space with overlapping use cases (TPA implementation, contract pharmacy oversight, audit preparation).
• Craneware (TrinityApex/340B Inform): Craneware's 340B Inform (formerly TrinityApex) offers 340B audit, validation, and compliance software, including HRSA audit-preparation tools. It competes with 340B Compliance Partners in the audit and validation layer of the 340B market and serves a similar covered-entity base of DSH, CAH, and FQHC clients.
• Macro Helix: Macro Helix provides 340B program management, analytics, and compliance support to covered entities, including split-billing software and audit-readiness services. It is a direct competitor to 340B Compliance Partners in delivering 340B compliance consulting, software, and ongoing program management to hospitals and health centers.

Broad incumbents

• Apexus (340B Prime Vendor): Apexus is the HRSA-designated 340B Prime Vendor and Apexus 340B Operations Certification provider. It sits at the center of the 340B ecosystem, offering education, training, and program resources referenced in 340B Compliance Partners' value proposition, and is a comparably positioned incumbent in the 340B compliance space.
• CPS (Comprehensive Pharmacy Services): CPS provides hospital pharmacy management and 340B program compliance services as part of a broader pharmacy outsourcing offering. It competes with 340B Compliance Partners in the 340B audit and management portion of its service portfolio, especially for health systems seeking outsourced pharmacy leadership.
• Sentry Data Systems (Verity Solutions): Sentry Data Systems (with Verity Solutions) provides 340B split-billing, contract pharmacy, and compliance software used by many of the same covered entities 340B Compliance Partners serves. It is a larger, software-led incumbent in the same HRSA-compliance market segment.

Others

• 340B Health: 340B Health is a membership association representing 340B-covered hospitals and health systems. It provides advocacy, education, and regulatory resources that complement rather than compete with 340B Compliance Partners' consulting services, making it an adjacent ecosystem participant.
• Avita Pharmacy (340B contract pharmacy): Avita Pharmacy is a long-standing 340B contract pharmacy network that partners with covered entities on contract pharmacy arrangements. It is an ecosystem participant adjacent to 340B Compliance Partners' contract pharmacy and TPA negotiation services.

Emerging players

• BluePath Solutions (340B consulting): BluePath Solutions offers 340B program consulting, HRSA mock audits, and program-compliance services to hospitals. It is a smaller, niche competitor in the same direct compliance-services space as 340B Compliance Partners.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/340bcp
• LinkedInlinkedin.com/company/340b-compliance-partners
• Instagraminstagram.com/340bcp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 340B Compliance Partners