340B Drug Pricing Program
The 340B drug pricing program was created to help hospitals and health systems care for vulnerable patients by improving access to vital medical services while cutting government spending. But like most Federal programs, its spending is frequently called into question.
On November 19 hospitals including Temple University Hospital in Philadelphia; Saint Thomas Health part of Ascension Health in Nashville, Tenn.; Trinity Health in Livonia, Mich.; and Providence Health & Services in Seattle participated in a briefing before legislators and staff in Washington, D.C. At the briefing, they described how the discount program has enabled them to increase.
The briefing was spurred by Health Resources and Services proposed policy changes for the program. There has also been pressure from some in the pharmaceutical industry to scale back the program. In response, the AHA has produced a new video
on why the 340B program is so important as well as other 340B resources at www.aha.org/protect340B.
How important is the program to your system? How difficult has compliance been? Share your stories or thoughts with me at email@example.com
and we’ll talk more about this topic in the next blog entry.