$7.8 Billion in Refunds from Underpayments to 340B Hospitals Begin to Roll In

A map of Medicare administrative contractors' (MAC's) jurisdictions. MACs in more than half the states have begun to issue refunds to 340B hospitals for unlawful Medicare cuts from 2018-2022.
Medicare administrative contractors (MACs) covering more than half the states have initiated lump sum repayments to 340B hospitals, after getting [...]

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Latest Cassidy Probe Adds to Growing Scrutiny of 340B Contract Pharmacies, TPAs

Sen. Bill Cassidy (R-La.) expanded his 340B inquiry to CVS Health and Walgreens amid growing scrutiny over 340B contract pharmacies and TPAs.
An influential senator’s inquiry into the nation’s two largest 340B pharmacy chains comes amid growing scrutiny into 340B contract pharmacies [...]

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AbbVie Pushes to Block Louisiana 340B Contract Law, New State AG Takes Office

In a recent federal court filing, Louisiana Attorney General Liz Murrill's office said it had not moved to enforce a state 340B contract pharmacy law.
Pharmaceutical giant AbbVie recently urged a federal judge to rule on its suit against Louisiana’s 340B contract pharmacy law without [...]

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News Alert

Senator Cassidy Expands 340B Inquiry to Two Major Contract Pharmacies

Sen. Bill Cassidy
Sen. Bill Cassidy (R-La.) expanded his ongoing inquiry into 340B revenue with letters to two major contract pharmacies.
The top Republican on an influential Senate committee yesterday asked the nation’s two largest contract pharmacy companies for detailed information [...]

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Two More States Introduce 340B Contract Pharmacy Protection Bills

Two high-ranking West Virginia state senators recently introduced a bipartisan bill that would prohibit drug manufacturer restrictions on 340B contract [...]

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Drug Makers Issue Record Number of 340B Refunds in 2023, Merck First to Refund in 2024

Drugmakers issued a record 41 refunds to 340B covered entities in 2023.
Drugmakers issued a record 41 refunds to 340B covered entities in 2023. And Merck is the first to announce it [...]

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Unlocking the Value of 340B Consultants: Their Roles and Responsibilities

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In the complex landscape of healthcare, the 340B program plays a vital role in ensuring that vulnerable patients with limited financial resources have access to affordable medications. It enables qualified covered entities to maximize their resources and offer a wider range of benefits and services

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Takeda to Expand 340B Contract Pharmacy Restrictions

Takeda 340B
Japanese drugmaker Takeda announced its cancer medication Ninlaro will be subject to its 340B contract pharmacy policy.
Just days prior to implementing its first contract pharmacy restrictions, Japanese pharmaceutical giant Takeda yesterday announced it will increase the [...]

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HRSA Announces 340B Webinar for Grantees Before Upcoming Recertification Begins

HRSA building and signage
HRSA plans to host a webinar for federal grantees in the days leading up to the 2024 340B recertification period.
The Health Resources and Services Administration (HRSA) has announced plans to host a webinar for federal grantees just days prior [...]

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