Senate Panel Passes PBM Reform Bill With Medicaid Drug Payment Limits and 340B Reporting Requirements

Senate Finance Committee PBM reform bill markup.
The Senate Finance Committee voted 26-1 to pass a PBM reform bill with Medicaid spread pricing language that could result in less 340B savings for covered entities.
The U.S. Senate Finance Committee yesterday voted 26-1 to pass a pharmacy benefit manager reform bill that would cut providers’ [...]

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100+ Health Centers and Groups Sign Pro-340C Letter to Congress

340C
More than 100 health centers and groups have signed a letter to Congress supporting the 340C initiative.
More than 100 community health centers, state primary care associations, and national and local groups urged congressional leaders this week [...]

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Covered Entities’ and Manufacturers’ 340B Summit

SPONSORED CONTENT

Demonstrate Compliance with 340B Drug Pricing Requirements, Implement Strategies for Successful Audits, and Provide Quality Care

Designed for both Covered Entities and Manufacturers, attend this event to explore the latest developments in 340B with regards to transparency, HRSA 340B audits and other federal oversight activities.  Attendees will examine the impact of recent policy changes, trends in pharmacy contracting and drug management practices, how to effectively leverage data analytics, and strategies to maintain compliance and ensure program integrity.

  • Tailor your conference experience through multi-track offerings for covered entities’ and manufacturers’
  • Analyze current 340B litigation and its impact on future market dynamics through multi-stakeholder perspectives   
  • Explore the latest developments in 340B contracting, transparency, HRSA 340B audits and compliance  
  • Network with senior executives focused on 340B including manufacturers, covered entities, and HRSA grantees
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CMS’s 340B Hospital Repayment Plan Leaves Medicare Advantage Cuts Untouched

Attorney Kyle Vasquez
Attorney Kyle Vasquez says many clients feel they are entitled to a remedy for underpayments from Medicare Advantage plans stemming from CMS' July 7 proposed rule.
The recently proposed Medicare fee-for-service lump sum payments to 340B hospitals to make up for a nearly five-year unlawful rate [...]

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340B Recertification for Hospitals Starts Aug. 14

HRSA hospital recertification.
HRSA announced this year's 340B eligibility recertification period for hospitals will start Aug. 14 and end Sept. 11.
This year’s 340B eligibility recertification period for hospitals will start Aug. 14 and end Sept. 11, the U.S. Health Resources [...]

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340B Report Publisher and CEO to Providers: New 340B Reporting Requirements are Inevitable

Tim Walz
Minnesota became the first state to impose 340B reporting requirements after Gov. Tim Walz (D) signed legislation in late May.
Health care providers almost certainly will have to accept new 340B reporting requirements in order to get unfettered access to [...]

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Exclusive

Large Drug Maker, Big Health System, and Influential Health Center Jointly Lobbying for Senate Bipartisan 340B Initiative

340B Working Table 340B lobbying disclosure form
Under the name 340B Working Table, Genentech, Sanford Health, and Carolina Health Centers are jointly lobbying for a bipartisan U.S. Senate 340B reform initiative.

Biopharmaceutical manufacturer Genentech, South Dakota-based health system Sanford Health, and South Carolina federally qualified health center Carolina Health Centers are jointly lobbying members of Congress to back six U.S. senators’ bipartisan approach to federal 340B program reform, the three organizations

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