Don’t Overlook the Importance of an HIN on Your Wholesale Accounts
Written by: Rachel Saari, Senior Director of Client Success
It’s easy to remember the days before 340B ESP, when setting up of a wholesale account was an easy and streamlined process. The Health Industry Number (HIN) was not something that was discussed very often prior to the manufacturer restrictions. The HIN is the unique identifier assigned to represent the specific relationship between the covered entity and pharmacy.
Presently, covered entities (CEs) need to not only be aware of each of their wholesaler accounts but also understand which 340B ID is associated with the account, and which manufacturers they have pricing for. The HIN plays a crucial role for CEs during this process. Whether you plan to make designations per site or are creating an ESP account for the first time, the HIN remains a consistent piece of the 340B program, across all CEs. If you know you need to purchase an HIN, don’t delay, it can take multiple weeks for the request to go through.
The HIN allows for efficient retrieval and verification of transaction records for the wholesaler and manufacturers. By using a common identifier, all parties can easily share and reconcile information, ensuring that 340B pricing is applied appropriately and that any discrepancies are promptly addressed. All 340B wholesaler accounts are required to have a HIN; without one, 340B pricing cannot be loaded to an account.
If you are unsure of what 340B ID and HIN are applied to your wholesale accounts, it is important to retrieve and maintain that information. This becomes especially important when working with ESP to apply designations, track pricing issues and ultimately support an effective and compliant 340B program.
Pillr Health is readily available to assist with any questions you may have.
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