Company
Date Published
Author
MongoDB
Word count
534
Language
English
Hacker News points
None

Summary

Verity Solutions has developed a 340B platform built on MongoDB that helps hospitals save millions by maximizing cost savings related to the healthcare industry law known as 340B. The platform ingests data from hospital systems and matches it against internal dispensaries and third-party pharmacies to determine eligible prescriptions, providing significant discounts off average wholesale drug prices. With MongoDB, Verity Solutions achieves scale, performance, and operational efficacy, enabling developers to be more productive with its document model and simplifying administration and scaling operations. The platform will also enable Verity to store customer data in a single database, allowing for benchmarking across hundreds of hospitals and providing insights into industry-wide drug spend trends.