Sponsored Content by Face Rock
How does Face Rock help tribes?
Face Rock assists tribes in securing funding and offers support through its several divisions:
- Grants and funding opportunities, IHS/BIA partnership/negotiations, 105 (l) Leases, and establishing turn-key tribal clinics and pharmacies
- Assistance with benefits and insurance
- Operations and training with revenue cycle management for health systems ranging from claims to patient visits to produce optimal health outcomes and increased revenue
How can tribes save money with 340B?
The 340B program offers tribes medications significantly below the current NSSC VA prices—pennies on the dollar. Some $9,000 medications can cost as little as three cents. This benefits both native and non-native employees and generates revenue through billing for fully or self-insured plans.
What’s the biggest barrier to starting 340B?
The process is simpler than it seems. Though the application is 126+ pages, tribal applicants only are required to complete three pages. Face Rock provides free assistance to start and find funding opportunities.
How does 340B connect to clinics?
340B requires patients to be served through the clinic or pharmacy. Even small casino clinics qualify. Many casinos use on-site clinics to save on health plans and generate significant revenue—sometimes surpassing gaming profits.
Additional team member benefits:
Tribal employees and their families often qualify for Medicaid, allowing for higher reimbursements. The Medicaid rate for 2025 is $805/diem. Tribes can provide over-the-counter items like diapers and medicines at minimal cost, strengthening employee loyalty and retention. By becoming a designated” Tribal clinic”.
Contact Face Rock today or call 503-789-8812. Meet Karen and the Face Rock team in person at Raving NEXT: Indian Gaming Strategic Operations and Leadership Conference, January 28-30, 2025 at Pechanga Resort & Casino.
Face Rock will be exhibiting and Karen will be presenting on: Unlocking the Secrets of 340B: Critical Pharmacy Program Strategies and Innovations to Benefit Tribal Gaming Organizations
Karen Knight, Partner, Face Rock Enterprises, was awarded the 2024 Innovator of the Year by Inovalon. She was selected for her exceptional contributions to empowering tribal health organizations through innovative financial strategies by optimizing revenue cycle management.
She helped one tribe generate over $500,000 in additional funds in just six months. Knight’s extensive experience and healthcare management and dedication to improving health outcomes in tribal communities exemplifies her innovative approach to building sustainable healthcare system.
