Year: 2023

340B INDUSTRY LEADER SPOTLIGHT

Kirsty Gutierrez, Director of Client Success, Ravin Consultants

September 28, 2023 Views

Q: Where did you grow up?

I was born in the small town of Banbury, England, and excitedly moved to Florida as a child, where I quickly realized that Florida is not all Disney World! I grew up in Tallahassee, Florida, until I moved to the beautiful city of Tampa for college.

Expert Tip From CPS

September 28, 2023 Views

340B Drug Purchases Reached $53.7 Billion in 2022, HRSA Data Show

September 26, 2023 Views

Drug purchases under the 340B program totaled $53.7 billion in 2022, according to HRSA data obtained by Drug Channels.

Drug purchases under the 340B program totaled $53.7 billion in 2022, or 22.3% more than the $43.9 billion in 2021, [...]

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Hospital 340B Sites increased by 400% Over 11 Years, Analysis Finds

September 26, 2023 Views

A consulting firm analysis found that hospital 340B covered entity and child sites increased more than fourfold over the last 11 years.

Hospital 340B covered entity and child sites increased by more than 400% over the last 11 years, while the number [...]

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Providers Try a Range of Responses to Manufacturer 340B Contract Pharmacy Restrictions

September 26, 2023 Views

Community health centers are attempting to mitigate the adverse financial effects of manufacturer 340B contract pharmacy restrictions on their organizations, said Colleen Meiman, national policy advisor for State & Regional Associations of Community Health Centers.

Amid an increasing number of drugmaker restrictions and requirements on the use of contract pharmacies, 340B providers are trying a [...]

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Expanding 340B Eligibility Could Double Program Size, Says Report

September 26, 2023 Views

An analysis from pharmaceutical research and data firm IQVIA projected the 340B program could more than double in size if patient eligibility expands.

The 340B program could more than double in size if the 340B patient definition expands, according to a recent report [...]

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Senate Committee Rejects 340B Amendment to Bipartisan Health Bill

September 26, 2023 Views

Sen. Bernie Sanders, chair of the Senate HELP committee, opposed an amendment that would implement 340B hospital verification requirements.

A Senate committee rejected an effort to add new 340B hospital verification requirements as part of a sweeping healthcare funding [...]

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Federal Appeals Court Judges Press Both Sides in Key Hearing on Arkansas 340B Contract Pharmacy Law

September 21, 2023 Views

Chief Judge Lavenski Smith of the 8th Circuit Court of Appeals and two other federal judges heard highly anticipated oral arguments for PhRMA v. McClain in a case that challenges Arkansas' 340B contract pharmacy law.

Attorneys representing Arkansas and 340B providers sparred with a drug industry lawyer over the constitutionality of Arkansas’ first-in-the-nation 340B contract [...]

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Teva Ends 340B Contract Pharmacy Restrictions in Arkansas in Response to State Law

September 21, 2023 Views

The final HRSA manufacturer 340B program audit conducted in fiscal year 2023 had no adverse findings for Teva Pharmaceuticals.

Teva Pharmaceuticals this week ended its 340B contract pharmacy restrictions in Arkansas in response to a state law that prevents [...]

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Rural Reality: A Conversation with a Rural Hospital Finance Director about Adapting to 340B Challenges

September 21, 2023 Views

340B INDUSTRY LEADER SPOTLIGHT

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