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Month: January 2024

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340B Webinar—State of 340B in 2024: Biggest Developments Expected this Year

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Join us Thursday, January 18th, 11:30 – 12:00 ET

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Join our webinar for a comprehensive exploration of the current status of the 340B program, featuring a review of major industry trends from 2023 and key developments anticipated for 2024.
We’ll discuss what entities should expect and prepare for in the upcoming year,

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AHA Warns of ‘Adverse Impact’ from Lack of 340B Provisions in New MA Rule

Rich Daly, Editor in Chief Views
Ashley Thompson headshot
AHA's Ashley Thompson wrote that a proposed Medicare Advantage payment rule could have “double the adverse impact” on 340B hospitals.
The nation’s leading hospital group warned the decision by federal regulators not to address 340B policy in a new proposed [...]

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Expert Tip from Visante

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TIP: Make sure your 340B team is highly trained and adequately staffed.

Take advantage of any and

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Key GOP House Member Active on 340B Matters to Retire

Rich Daly, Editor in Chief Views
Bucshon
Rep. Larry Bucshon (R-Ind.), who has led high-profile 340B-related legislation, will retire at the end of this Congress.
Rep. Larry Bucshon (R-Ind.) yesterday announced he will retire from Congress at the end of this session. Bucshon, who has [...]

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Nebraska Bill Introduced to Protect 340B Contract Pharmacy Arrangements

Rich Daly, Editor in Chief Views
Portrait of Nebraska state Senator Brian Hardin
Nebraska state Senator Brian Hardin has introduced legislation to protect 340B contract pharmacy arrangements.
A Nebraska state senator has introduced legislation to bar any drugmaker restrictions on arrangements between contract pharmacies and 340B providers. [...]

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Visante’s Top 10 Issues Facing Health System Pharmacy for 2024

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Pharmacy is a difference-maker for health system financial and operational performance

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 In 2024, pharmacy will play an even more significant and critical role in health systems’ financial and operational performance nationwide. While health systems face daunting challenges, increasing risks, and suffocating regulatory and compliance burdens, high-performing pharmacy organizations

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Health System Pays $7.25 Million in Settlement of 340B-Involved Kickback Allegations, without Liability Findings

Rich Daly, Editor in Chief Views
Methodist Le Bonheur Healthcare building
Methodist Le Bonheur Healthcare and the federal government have settled a 340B-related False Claims Act suit against the system.
A Memphis-based health system agreed to a $7.25 million settlement—without admitting wrongdoing—of federal allegations that it paid kickbacks funded, in [...]

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2024 340B Contract Pharmacy Outlook: Expect More State Than Federal Action, Say Attorneys and Lobbyists

William Newton, Associate Editor/Senior Writer Views
US Eighth Circuit Court of Appeals building
A decision upholding Arkansas' state contract pharmacy law from the U.S. 8th Circuit Court of Appeals could cause more states to push similar laws, attorneys and lobbyists said.
Amid expected congressional gridlock, there is a much higher likelihood of state legislative action on 340B contract pharmacies than federal [...]

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Novo Says Arkansas Agreement ‘Preserves It’s Position’; More Manufacturer Deals in the Works

Rich Daly, Editor in Chief Views
Arkansas Insurance Department office sign
The Arkansas Insurance Department will imminently enforce a state 340B contract pharmacy law following a key federal appeals court decision.
Drugmaker Novo Nordisk’s deal with Arkansas restoring 340B discounts in the contract pharmacy setting until a coming appeals court ruling, [...]

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Federal Government Passes on Appealing Key Patient Definition Ruling

Rich Daly, Editor in Chief Views
Genesis Health care facility and signage
The Biden administration will not appeal a high-profile November federal court ruling on the 340B patient definition.
The Biden administration will not appeal a high-profile November federal court ruling to prohibit enforcement of a 340B patient definition [...]

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