Hospitals participating in the 340B program provided $67.9 billion in total benefits to their communities in 2018, the American Hospital Association (AHA) reported yesterday. Community benefits represented 13.7% of total 340B hospital expenses, the group said.
AHA broke out the 340B hospital data from a broader report showing that all tax-exempt U.S. hospitals, 340B and non-340B, provided more than $105 billion in total community benefits in 2018, the most recent year for which comprehensive data is available, the association said. Total community benefits were 13.9% of all tax-exempt hospitals’ total expenses in 2018.
Hospitals participating in the 340B program provided $67.9 billion in total benefits to their communities in 2018, the American Hospital Association (AHA) reported yesterday.
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