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Posted on November 15, 2017 |
“Today, Reps. David B. McKinley, P.E., (WV-1) and Mike Thompson (CA-5) introduced H.R. 4392 to reverse a Centers for Medicare and Medicaid Services (CMS) rule cutting $1.6B for drugs purchased by certain hospitals covered under the 340B program. These cuts jeopardize care for millions by directly reducing revenue to hospitals that care for vulnerable patients in underserved and rural communities, without addressing the underlying price of the drugs.
“Protecting access to prescription drugs for low income communities should be a priority. Unfortunately, CMS’s misguided rule jeopardizes the ability of rural hospitals to provide vital services. This would have a huge impact on West Virginia hospitals’ ability to provide affordable care. We led a bipartisan letter to CMS with nearly 250 signers, urging them to reconsider, but they didn’t listen. This bill ensures that hospitals are able to continue providing affordable services, and gives rural families peace of mind,” said McKinley.
“This rule dramatically undermines the ability of hospitals across the country to deliver care to our nation’s most vulnerable populations. I’m disappointed that CMS did not listen to hospitals, nor a majority of members in the House and Senate, and approved a rule that puts both hospitals and patients at risk,” said Thompson. “I will work with my colleagues on both sides of the aisle to stop this rule and ensure the 340B program can continue to serve low-income populations as Congress intended.”
Read More: https://mckinley.house.gov/press-releases/mckinley-thompson-stand-up-for-rural-patients-hospitals/