Novartis Offering 340B Refunds on Two Diagnostic Radiopharmaceuticals

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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

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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 George.  It is also home of the world’s largest garage sale which takes place in late September.

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Expert Tip From AllianceRx Walgreens Pharmacy

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TIP: Review 340B eligible locations, prescribers, and referral potential on a regular basis to ensure you are maximizing your 340B pull through.

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Eisai Adopts 340B Contract Pharmacy Restrictions, Pfizer and GSK Update Their Limits

Eisai contract pharmacy
Drugmaker Eisai's 340B hospital contract pharmacy restrictions will not apply to Arkansas and Louisiana providers.
Japanese pharmaceutical manufacturer Eisai will restrict 340B pricing on six drugs when dispensed by hospitals’ contract pharmacies. It is the [...]

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AbbVie Joins Legal Battle Over Louisiana’s 340B Contract Pharmacy Law

AbbVie headquarters
Hospital groups urged a federal district court to dismiss drugmaker AbbVie's lawsuit against Lousiana's 340B contract pharmacy law.
Drugmaker AbbVie has sued Louisiana over its 340B contract pharmacy law, joining a series of drug industry suits that challenge [...]

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Hospitals Defend 340B Compliance Amid Influential Senator’s Investigation

Sen. Bill Cassidy
Sen. Bill Cassidy (R-La.) expanded his ongoing inquiry into 340B revenue with letters to two major contract pharmacies.
The two hospital systems subject to a senator’s investigation into 340B program revenue have said they are fully compliant with [...]

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As Medicare Lump Sum Payment Regulation Heads to Finish Line, Critics Weigh In

CMS
In response to the ongoing Change Healthcare cyberattack, CMS will direct contractors to provide some accelerated payments to hospitals.
The final rule to provide repayment to many 340B hospitals for five years of unlawful Medicare cuts entered the final [...]

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