Expert Tip From Signify

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TIP: Have your own tracking system for manufacturer contract pharmacy requirements.


As the manufacturers continue to

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Nonprofit Hospitals’ Profits Are Up But Charity Care Is Not, Study Finds

Health Affairs
"Substantial growth in nonprofit hospital operating profits and cash reserves" yielded no "corresponding increase in charity care," a new study in Health Affairs said. The American Hospital Association strongly criticized the report's methodology and the findings.

Nonprofit hospitals’ profits and cash reserves grew substantially between 2012 and 2019 without a corresponding rise in spending on charity care, a new study in the June issue of Health Affairs found.

The American Hospital Association quickly issued a rebuttal.

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Federal Court Hearing Next Week on California’s Medicaid Drug Benefit Transfer; Bill Introduced in N.J. with 340B Implications

U.S. District Court Sacramento
A federal district judge in Sacramento, Calif., is holding arguments next week in a lawsuit to reverse the state’s transfer of Medicaid managed care benefits to Medicaid fee for service.

A federal district judge in Sacramento, Calif., is holding oral arguments next week in a lawsuit aimed at reversing the state’s January 2022 transfer of Medicaid managed care benefits to Medicaid fee for service.

Meanwhile, a bill was introduced

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Nevada Legislature Passes 340B Nondiscrimination Bill

Nevada state capitol
Nevada lawmakers passed and sent to the governor a bill to stop PBM and insurance company discrimination against 340B covered entities.

Nevada lawmakers have unanimously passed and sent to the state’s governor legislation prohibiting pharmacy benefit managers and health insurance carriers from discriminating against 340B covered entities and their contract pharmacies.

The state Assembly voted 42-0 on June 3 and the

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News Alert

Bausch Health Tightens its Conditions on 340B Pricing to All Covered Entities

Bausch Health
Bausch Health today tightened its conditions on 340B pricing involving deliveries to contract pharmacies.

Bausch Health this morning updated its conditions on 340B pricing involving deliveries to contract pharmacies to all covered entities. It is the fifth drug maker this month to either impose such conditions for the first time (Organon and

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News Alert

Exelixis Extends 340B Price Conditions to Hospitals’ Wholly Owned Contract Pharmacies

Exelixis
Exelixis extended its conditions on 340B pricing to contract pharmacies that are wholly owned or under common ownership with a hospital covered entity.

Biopharmaceutical manufacturer Exelixis said today it is extending its conditions on 340B pricing to contract pharmacies that are wholly owned or under common ownership with a hospital covered entity. The change is effective June 26.

Exelixis announced the change in

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News Alert

Teva Is the 23rd Drug Maker to Impose Limits on 340B Contract Pharmacies

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

Drug manufacturer Teva today became the 23rd drug manufacturer to impose conditions on 340B pricing involving delivery to contract pharmacies.

Covered entities reported getting Teva’s notice by email around 1:00 p.m. Eastern. It said effective July 5:

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    Final Connecticut Bill Excludes Both 340B Transparency and Contract Pharmacy Provisions

    Connecticut Senate
    The Connecticut Senate gave final passage to legislation that bars PBM discrimination against 340B entities. But it does not bar manufacturers from limiting contract pharmacy use in 340B nor require 340B entities to report on their program savings.

    Connecticut will not, after all, be the first state to require 340B covered entities to file reports on their 340B program savings and how they use them, under a bill the state Senate gave final passage to late last night.

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    Protest Held at Indiana Congressman’s State Office Against His 340B Hospital Reporting Bill

    AHF Bucshon
    AIDS Healthcare Foundation advocates marched yesterday outside U.S. Rep. Larry Bucshon's (R-Ind.) Terre Haute, Ind., office to protest Bucshon's bill to impose reporting requirements on 340B hospitals and potentially other covered entities.

    AIDS Healthcare Foundation staged a march yesterday outside U.S. Rep. Larry Bucshon’s (R-Ind.) Terre Haute office to protest his bill that would require 340B disproportionate share hospitals to report data about patients who get 340B drugs, spending on charity care,

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    New Studies on 340B and Rural Cancer Care and 340B Contract Pharmacy Demographics

    Health Affairs
    Rural hospitals that enroll in 340B are more likely than others to initiate oncology services, a new study in Health Affairs found.

    Rural hospitals that enroll in the 340B drug pricing program are more likely to initiate oncology services than those that do not participate, a study published online Monday in Health Affairs found.

    “It’s estimated that around one in five rural

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