340b | Bemidji Pioneer: Hospitals fight to keep drug discount
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03 Apr Bemidji Pioneer: Hospitals fight to keep drug discount

“On top of an expected increase in uninsured patients, proposed cuts to a drug discount program would further threaten their bottom line, local hospital officials say.

‘The change that was proposed … I think was somewhere between $3 million and $4 million (impact) on St. Luke’s,’ said John Strange, CEO of St. Luke’s hospital.

At issue is the 340B drug discount program, created by Congress as part of the Veterans Health Care Act of 1992 to give hospitals that serve low-income populations a price break.

Read More: http://www.bemidjipioneer.com/news/4425711-hospitals-fight-keep-drug-discount