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Year: 2024

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

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Ensuring 340B Program Success Through Consultant Expertise

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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

Rich Daly, Editor in Chief Views
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

Rich Daly, Editor in Chief Views
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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Rhode Island Bills Introduced to Bar PBM and Medicaid 340B Underpayments

William Newton, Associate Editor/Senior Writer Views
A state Senate-endorsed bill that would have prohibited 340B contract pharmacy restrictions in Rhode Island failed to clear the legislature before lawmakers in the Ocean State wrapped up their 2024 session last week.
Rhode Island state lawmakers last week introduced bills that would prohibit both differentiated payments from pharmacy benefit managers (PBMs) to [...]

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Three More States Introduce 340B Contract Pharmacy Protection Bills

William Newton, Associate Editor/Senior Writer Views
Sen. Louise Lucas
Virginia state Sen. Louise Lucas this month introduced a 340B contract pharmacy bill. Influential state senators in Kentucky and Florida also recently introduced similar bills.
Influential state senators in Kentucky, Virginia, and Florida have introduced bills recently that would prohibit drug manufacturer restrictions on 340B [...]

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First 340B Provider Reporting Bill of the Year Introduced in Indiana

William Newton, Associate Editor/Senior Writer Views
Indiana state Sen. Ed Charbonneau has introduced a bill that would require 340B providers to annually report financial information on their 340B programs.
A senior Indiana state senator introduced a bill this week that would require 340B providers to annually report detailed financial [...]

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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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