Year: 2024

340B INDUSTRY LEADER SPOTLIGHT

Nick Gnadt, Director of Pharmacy Professional Services, SpendMend

June 27, 2024 Diane Slafsky Views

Q: Where did you grow up?

Slinger, Wisconsin. It’s a small town north of Milwaukee. If you’ve heard of it, it’s probably either because of Little Switzerland (small ski hill) or the Slinger Super Speedway (racetrack).

Q: Where did you go to college/graduate school?

I’m a Badger through and through – I went to undergraduate and Pharmacy School

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Expert Tip from Cervey

June 27, 2024 Sponsored Content Views

Key West Virginia Lawmaker Considering Legal Action Against Anti-340B PAC Taking Credit for his Election Loss

June 25, 2024 Shannon Young, Associate Editor/Senior Writer Views

West Virginia Senate President Craig Blair (R), who also serves as the state’s lieutenant governor, told 340B Report that he’s weighing potential litigation against Stand for Us PAC, which has claimed credit for the GOP leader’s May 14 primary loss. (Photo courtesy: WV Senate.)

A prominent West Virginia Republican is considering taking legal action after a political action committee (PAC) reportedly spent $400,000-plus against [...]

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IRA Could ‘Crush the 340B Margin,’ Force Transparency into Program, Says Adam Fein of Drug Channels

June 25, 2024 William Newton, Associate Editor/Senior Writer Views

Adam Fein, Ph.D., president of Drug Channels Institute, hosted a June 21 webinar that discussed the IRA's interaction with the 340B program.

The Inflation Reduction Act (IRA) may reduce 340B margins for certain high-cost drugs and drive more transparency into the program, an influential pharmaceutical supply chain analyst who has been a frequent 340B critic told an audience of stakeholders late last

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Michigan Hospitals, Former Lawmaker Target State Contract Pharmacy Protection Bill Ahead of Summer Recess

June 25, 2024 Shannon Young, Associate Editor/Senior Writer Views

A bill that would enact contract pharmacy protections in Michigan has garnered renewed attention from 340B supporters and critics, alike, in the final days before the state’s legislature is set to recess for the summer.

A bill that would enact contract pharmacy protections in Michigan has garnered renewed attention from 340B supporters and critics, alike, [...]

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PhRMA Asks Federal Judge to Block Enforcement of Maryland’s New 340B Contract Pharmacy Access Law

June 25, 2024 William Newton, Associate Editor/Senior Writer Views

PhRMA filed suit against Maryland's 340B contract pharmacy access law in a federal district court.

A powerful brand-name drug industry trade organization has asked a federal district judge to block Maryland from enforcing the state’s [...]

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Lilly Adds Significant New Restrictions on 340B Contract Pharmacy Access; Alleges Lack of Oversight by HRSA, Pharmacies and TPAs

June 21, 2024 Bella Czajkowski, National Correspondent & Ted Slafsky, Publisher & CEO Views

Pharmaceutical giant Eli Lilly has significantly escalated its restrictions on access to 340B pricing in the contract pharmacy setting, the company announced June 19 on the drug industry vendor site 340B ESP.

Pharmaceutical giant Eli Lilly has significantly escalated its restrictions on access to 340B pricing in the contract pharmacy setting, the [...]

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Lilly Posts 340B Refund Notice for Insulin Product Humulin

June 21, 2024 Bella Czajkowski, National Correspondent Views

Eli Lilly and Amgen announced refunds for 340B covered entities that purchased certain drugs in 2021.

Drug manufacturer Eli Lilly announced a new round of refunds for Humulin, a brand-name insulin, following a 340B ceiling price [...]

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It’s Official: Long-Awaited Final 340B ADR Rule Takes Effect, But Findings Still Distant

June 21, 2024 William Newton, Associate Editor/Senior Writer Views

The U.S. Department of Health and Human Services' final 340B Administrative Dispute Resolution rule formally took effect on June 18.

Fourteen years after the Congressional deadline, the long-anticipated revision to the 340B Administrative Dispute Resolution (ADR) process officially took effect [...]

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Senate Companion Bill Introduced to Expand 340B Eligibility to Certain Rural, Outpatient Hospitals

June 21, 2024 William Newton, Associate Editor/Senior Writer Views

Sen. Gary Peters (D-Mich.) introduced companion legislation to a House bill that would extend 340B eligibility to certain rural, emergency hospitals.

A U.S. senator introduced a bill to extend 340B eligibility to certain outpatient rural hospitals with emergency services, mirroring a [...]

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