"The main lobbying association for drug makers, the Pharmaceutical Research and Manufacturers of America, spent a record $28.9 million on lobbying last year as it pushed back on legislation meant to control the price of medicine. The trade group asked lawmakers instead to create an out-of-pocket...
"The hospital industry pushed back on the findings, the latest salvo in an ongoing battle over the program, which provider trade groups like the American Hospital Association and America's Essential Hospitals argue is essential to preserving the financial stability of safety net facilities and their...
The 340B drug pricing program may discourage drug manufacturers from raising prices and instead may have the effect of reducing list prices for certain drugs. That’s according to a new study published in the Journal of the American Medical Association (JAMA). Study authors Sean Dickson of West Health and Ian...
"Rural hospitals are facing a crisis, as many close or struggle to stay on top of rising expenses. But a new study shows that savings from the 340B drug pricing program are helping rural hospitals pay for other programs. The report from 340Bhealth.org comes from a survey of over 1,300...
"At a recent hearing of the Senate Finance Committee, Chairman Sen. Chuck Grassley (R-Iowa) warned the seven assembled drug company executives not to point fingers: “It’s time for solutions,” he said. They didn’t listen. Instead, they blamed everything from pharmacy benefit managers to Medicaid to the...
"Hospitals participating in the 340B drug discount program saved an average of $11.8 million per year, according to a new report from 340B Health. For its annual report, released in June, the alliance of hospitals and health systems participating in the 340B drug-pricing program, last year...
"President Trump has a plan to stop the HIV epidemic by 2030. It's an ambitious and worthy goal that some people seem to think is unattainable. However, the Trump administration is already chipping away at the epidemic and improving the prospects for success by using one...
"As the worst measles outbreak in decades continues, public health officials’ attention has focused on the importance of vaccinations to avoid spreading the disease. Hospitals participating in 340B are among those responding to the outbreak. One such 340B hospital is Montefiore Nyack Hospital, a 375-bed acute...
"After multiple delays, the Health Resources & Services Administration (HRSA) has finally launched an online tool that 340B hospitals can use to determine the maximum that pharmaceutical companies can charge for drugs. HRSA’s new pricing site went live on Monday morning and is one of the...
"Healthcare reform takes many forms, and some are better known than others. One that can sometimes slip under-the-radar is the 340b program, which requires drug companies to provide medications at a reduced rate to certain organizations including rural referral centers, hospitals providing indigent care, and...
