340B Industry Changing Report Development- Microsoft Partnership

340Basics announces strategic sponsorship from CloudingNow (Microsoft top tier partner) to accelerate innovation to offer advanced reporting and dynamic analytics utilizing Azure Power BI.

In this ever changing 340B landscape, Covered Entities are relying more, now than ever, on the support and services that their Third-Party Administrators provide. This comes as no surprise to us, it is something that we have ALWAYS based our partnership with clients on. 

At 340Basics, we are continually building and improving our products & services by listening to Covered Entities and Contract Pharmacies; what their organization needs, what their staff needs and how we can develop and implement it. 

Listening and utilizing this feedback, allows us to constantly be in a state of growth and improvement, allowing us to transcend other products offered in the industry.

Most recently is our joint efforts with CloudingNow, a Microsoft top tier partner. As we are quickly learning due to recent events, having access to data and being able to report on it is imperative. We are building an improved reporting system that will be housed inside Portico & Invicits, our 340B software portals. The reports available are dynamic, advanced and have the power of Mircosoft Azure Power BI behind them.

“Our partnership with 340Basics will enable this superior 340B third-party administrator to provide client’s enhanced capabilities by providing an extraordinary, in-depth reporting tool, that transcends any other solution in the market today. By implementing Azure Power BI inside 340Basics existing 340B Solution, Microsoft will enable 340Basics to deliver client’s improved efficiencies, a dynamic overall view of their 340B program, while remaining compliant.”  -Shacar Nativ, CEO, CloudingNow Cloud Production Ltd., (Microsoft top tier partner)

We are the first, and only 340B TPA in the industry to offer this. It is one of many exciting things to come. 

If you would like to learn more, please contact us at or at 888-356-6225.