The contract pharmacy program is critical for 340B hospitals to maintain and expand access to care for low-income and rural patients. Without their contract pharmacy benefit, hospitals would face difficulties maintaining the same level of care for patients in need, particularly Medicaid patients, rural populations,...
Hospital lobbying groups say they're hearing President Donald Trump may be backing off plans to scale back a federal program that requires drugmakers to give discounted products to hospitals that treat a high number of poor patients. Read More: http://www.modernhealthcare.com/article/20170712/NEWS/170719964...
“If it ain’t broke, don’t fix it” might be a cliché, but when it comes to healthcare policy, it’s sage wisdom. It certainly applies to a small but critically important drug discount program with a quarter century of success at supporting safety-net health providers and...
In 1992, the government established a federal drug discount program that required the pharmaceutical industry to provide discounted drugs for public and non-profit hospitals and clinics that serve high numbers of the poor. It's called 340B and MetroHealth relies on it to give lifesaving medicine...
Complying with all the provisions of the 340B Drug Pricing Program (340B) is a complex, rigorous undertaking – even for large, well-staffed hospitals and health systems. It’s equally burdensome for facilities that are small and have limited resources such as critical access hospitals (CAHs), federally...
Big pharma takes no prisoners. The drug industry has enraged U.S. consumers with soaring drug prices. An angry mob is at the gates and CEOs seem surprised by the outrage – even a bit insulted – that their methods have been called into question. Read More...
Vermont Business Magazine Representative Peter Welch (D-VT) today introduced bipartisan legislation with Representative Morgan Griffith (R-VA) that would address a loophole in the Medicare 340B Drug Pricing Program that is contributing to the rising cost of health care for consumers and threatening access to lifesaving...
The White House hosts an Obamacare summit on reaching millennials, and a key vote related to Zika funding is expected to fail today. But first: What candidates said (but mostly didn't) about health care last night. FEISTY DEBATE, BUT HEALTH CARE MOSTLY MIA — Hillary Clinton...
The healthcare industry is undergoing dramatic transformation as we shift from fee-for-service reimbursement to a fee-for-value payment system, promoting the value and outcome of the healthcare services we deliver. We’re focused on providing the best care for the people we serve, measuring the efficiency of...
Regional One Health is a safety-net provider. That means we treat all sick people regardless of their ability to pay. Seventy-seven percent of our patients are on Medicaid, Medicare or lack health insurance altogether. A little-known federal statute called the 340B drug discount program helps us...
