News Alert: CMS Will Continue Deep Cut in 340B Hospitals’ Medicare Part B Drug Reimbursement

CMS in 2022 will continue a nearly 30% reduction in place since 2018 in Medicare Part B reimbursement for many hospitals’ 340B-purchased drugs and biologicals.

In a big disappointment for 340B hospital organizations, the U.S. Centers for Medicare & Medicaid Services (CMS) announced late this afternoon that it will continue a nearly 30% reduction in place since 2018 in Medicare Part B reimbursement for hospitals’

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340B Stakeholders Size Up Friday’s Mixed Decision in Lilly’s 340B Contract Pharmacy Lawsuit

Both sides are claiming victory after Federal Judge Sarah Evans Barker’s ruling Friday in Eli Lilly’s lawsuit against HHS and HRSA.

Both sides are claiming victory after a federal judge’s ruling Friday in Eli Lilly’s lawsuit against federal health agencies in defense of its policies on 340B pricing when covered entities use contract pharmacies.

U.S. Senior Judge’s Sarah Evans Barker

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CMS Decision on Whether to Keep Part B Drug Payment Cuts for 340B Hospitals Could Come as Soon as Today

CMS could disclose as soon as today whether it will continue, end, or modify its nearly 30% cut in certain hospitals’ Medicare Part B reimbursement for 340B-purchased drugs.

The U.S. Centers for Medicare & Medicaid Services (CMS) could disclose as soon as today whether it will continue, end, or modify the nearly 30% cut in certain hospitals’ Medicare Part B reimbursement for 340B-purchased drugs.

The White House Office

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Grassley Asks HHS General Counsel Nominee About Drug Companies “Harming Access” to 340B

HHS General Counsel nominee Sam Bagenstos answered questions about the 340B program during his Oct. 26 Senate Finance confirmation hearing.

A GOP U.S. Senator who has been active on 340B matters for decades last week asked President Biden’s pick to be the U.S. Health and Human Services Department’s top lawyer if HHS could be doing more to protect the 340B

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Sectyr Acquires LicenseTrak, Will Merge Capabilities into Single Platform

Sectyr, a major provider of compliance platforms for 340B covered entities, has bought LicenseTrak, a system for managing license, contract, training, and other business tasks.

Sectyr, an established provider of compliance platforms for 340B covered entities, has acquired LicenseTrak, a system for managing license, contract, training, and other business tasks, the companies announced last week.

Scottsdale, Ariz.-based Sectyr will fold Bloomington, Minn.-based LicenseTrak into its

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Democrats Still Trying to Make a Deal on Federal Drug Pricing Legislation

Congressional Democrats and the White House reportedly are still trying to strike a deal on federal drug pricing legislation.

Efforts to pass federal drug pricing legislation, pronounced dead by many last week, arose in time for Halloween.

Liberal and conservative congressional Democrats and the White House reportedly are still trying to strike a deal centered on letting Medicare negotiate

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Biden Administration Wants to Scuttle Azar’s Rule to Automatically Snuff Out HHS Regulations

The Biden administration says it wants to withdraw or repeal ex-HHS Secretary Alex Azar’s final rule that will automatically extinguish all HHS regulations if HHS does not renew each regulation within a certain timeframe. | C-SPAN

The Biden administration last Friday, as widely expected, proposed withdrawing or repealing a Trump administration final rule that will automatically extinguish all U.S. Health and Human Services (HHS) regulations if HHS does not renew each regulation within a certain timeframe.

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340B INDUSTRY LEADER SPOTLIGHT

Kelly Kolker, President, 340B Solutions, CPS

Kelly Kolker

Q: Where did you grow up?

Born and raised in the great state of Iowa, and I still live here.  It is a fantastic place to raise a family.

Q: Where did you go to college/graduate school?

Clarke University for undergrad (Chemistry); The University of Iowa for Pharmacy School; University of Dubuque for MBA.

Q: What

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