340B Drug Pricing Program
Following years of litigation and a unanimous Supreme Court win, the AHA is very pleased that 340B hospitals finally will be reimbursed in full for what HHS unlawfully withheld from them for five years.
Following last year’s unanimous Supreme Court decision in favor of the AHA and others, the Department of Health and Human Services Nov. 2 issued a final rule outlining the agency’s remedy for the unlawful payment cuts to certain hospitals that participate in the 340B Drug Pricing Program.
The Health Resources and Services Administration will require hospitals in the 340B Drug Pricing Program to register their off-site outpatient departments with the 340B Office of Pharmacy Affairs within 90 days.
Report: 340B tax-exempt hospitals provided more than $84 billion benefits to communities in 2020
In 2020, the most recent year for which this information is available, tax-exempt hospitals participating in the 340B drug savings program provided $84.4B in total benefits to their communities. Total community benefits for 340B hospitals increased from $67.9 billion in 2019 to $84.4 billion in…
Digital ad campaign highlights how the 340B program supports patients and communities .
Central Vermont Medical Center (CVMC) erves a population of 66,000 and employs nearly 1,400 people in one of the most rural regions of the country. The not-for-profit community health care provider treats more than 25,000 patients through its Emergency Department, provides care to over 164,000…
Since 2018, the AHA has asked all 340B hospitals to commit voluntarily to three overarching Good Stewardship Principles (GSP) to better communicate the value of the 340B program and describe how savings from this program are used to support their patients and communities.
For over three decades, the 340B Drug Pricing Program has enabled eligible hospitals that serve large numbers of low-income patients and other underserved populations to stretch scarce federal resources and provide more comprehensive care to their patients and communities as Congress intended.
With only 11 days that the House and Senate are in session together before the fiscal year concludes, much of the attention in Washington is on how Congress will fund the government and whether there will be a government shutdown.