340b | Lost Funding
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Lost Funding

Lost Funding

As the healthcare landscape is changing, 340B is at risk and nobody actually knows how much total direct and indirect funding hospitals will lose. What we DO know is that cuts to the 340B program would effectively force many hospitals (particularly in rural areas to close, leaving large gaps in healthcare services across the nation. Federal, state and local governments would have to make up billions of dollars in funding for safety net and rural hospitals to be able to continue to provide care.

 

Memorial Regional Hospital system in Florida has stated that it will lose out on system-wide savings of over $37 million. Bon Secours Health System in Maryland will lose an estimated $22.5 million in savings. These are just a couple examples of the thousands of hospitals and healthcare facilities that will be irrevocably damaged if 340B discounts are cut.