Drugmaker Overcharge Fines for 340B Drugs Reach Nearly $7,000

Drugmaker overcharge fines, which the Department of Health and Human Services assesses, recently increased to nearly $7,000.
The federal fine for each instance of drugmaker overcharges for 340B covered entities recently increased to nearly $7,000. The fine [...]

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Rural Organizations, New Congressional Caucus Push 340B Provider Protections

Susan Wild
Rep. Susan Wild (D-Pa.), a member of the recently formed House Rural Health Caucus, has said 340B provider protections are a key rural health priority.
Rural healthcare providers and members of a new bipartisan House rural health caucus are pushing Congress to enact 340B provider [...]

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Two Drugmakers Post Refund Notices on HRSA Website

Drugmakers Noven and Granules each owe refunds to 340B providers, according to notices posted on HRSA's Office of Pharmacy Affairs website.
Noven Pharmaceuticals and Granules Pharmaceuticals owe refunds to 340B providers, according to notices posted on the Health Resources and Services [...]

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News Alert

BMS Expands 340B Contract Pharmacy Conditions, Including for Grantees

Bristol Myers Squibb
Bristol Myers Squibb has announced updates to its conditions on pharmaceutical sales involving contract pharmacies.
Bristol Myers Squibb (BMS) announced updates to its conditions on pharmaceutical sales involving contract pharmacies, effective Nov. 1. BMS outlined [...]

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Hospital Sues to Stop 340B Expulsion Over Alleged Failure to Recertify

The hospital Insight Chicago and federal regulators have agreed to dismiss a case before a federal district court over the hospital's 340B eligibility.
A federal district judge is temporarily keeping an inner-city Chicago hospital in the 340B program as it fights to prevent [...]

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Novartis Offering 340B Refunds on Two Diagnostic Radiopharmaceuticals

Novartis wordmark on a building
Drugmaker Novartis is offering refunds to 340B covered entities on certain purchases of two radiopharmaceuticals.
Drug manufacturer Novartis is offering 340B covered entities refunds on purchases of two imaging agents, partly contingent on whether an [...]

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Understanding the Impact of the Inflation Reduction Act

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Millions of Americans struggle to afford their prescription drugs. Signed into law in August 2022, the Inflation Reduction Act (IRA) includes provisions to make drugs more affordable for Medicare patients, primarily through drug price negotiations and cost caps. The changes to

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Speaker Vacancy Paralyzes House, Stalls 340B Legislation

House of Representatives
The U.S. House is unlikely to vote on any legislation—including multiple bills with 340B provisions—until a new speaker is elected.
The U.S. House’s vote to remove Rep. Kevin McCarthy (R-Calif.) from the speakership has paused action on multiple bills with [...]

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Major Drugmakers Agree to Negotiate Drug Prices with Medicare

Judge Michael Newman of the U.S. District Court for the Southern District of Ohio denied a business group's request to pause Medicare negotiations while legal challenges to the IRA play out.
Medicare drug price negotiations will move ahead as planned after major drugmakers agreed to participate and a federal district judge [...]

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340B INDUSTRY LEADER SPOTLIGHT

Kim Barron, Vice President of Operations, Hudson Headwaters 340B

Kim Barron headshot
Kim Barron

Q: Where did you grow up?

Warrensburg, NY – it is a small town within the Adirondack Park in Upstate New York.  Just five miles northwest of beautiful Lake

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