Major Drugmakers Agree to Negotiate Drug Prices with Medicare

Judge Michael Newman of the U.S. District Court for the Southern District of Ohio denied a business group's request to pause Medicare negotiations while legal challenges to the IRA play out.
Medicare drug price negotiations will move ahead as planned after major drugmakers agreed to participate and a federal district judge [...]

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AbbVie Joins Legal Battle Over Louisiana’s 340B Contract Pharmacy Law

AbbVie headquarters
Hospital groups urged a federal district court to dismiss drugmaker AbbVie's lawsuit against Lousiana's 340B contract pharmacy law.
Drugmaker AbbVie has sued Louisiana over its 340B contract pharmacy law, joining a series of drug industry suits that challenge [...]

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Hospitals Defend 340B Compliance Amid Influential Senator’s Investigation

Sen. Bill Cassidy
Sen. Bill Cassidy (R-La.) expanded his ongoing inquiry into 340B revenue with letters to two major contract pharmacies.
The two hospital systems subject to a senator’s investigation into 340B program revenue have said they are fully compliant with [...]

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Government Averts Shutdown with 11th Hour Temporary Funding Bill, Speaker McCarthy Faces Historic Challenge

Kevin McCarthy (R-Calif.), speaker of the U.S. House, relied on Democratic support to pass a temporary government funding bill.
The federal government narrowly avoided a shutdown this week after lawmakers scrambled to pass a stopgap bill hours before government [...]

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News Alert

Ranking GOP Senator on Key Committee Opens Investigation into 340B Hospital Revenue

Bill Cassidy
Sen. Bill Cassidy, ranking Republican on the Senate HELP Committee, does not appear to have the authority to compel hospitals to respond to his inquiry on 340B revenue.
The top Republican on an influential Senate committee has opened an investigation into how two major health systems use revenue [...]

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Looming Government Shutdown Poses 340B Program Uncertainty, Potential Legal Proceeding Slowdown

US Capitol
Congress is unlikely to pass a 340B program overhaul in 2024 unless there is unexpected pressure from appellate court decisions or a Senate "group of 6" breakthrough, attorneys and lobbyists said.
The government agency that oversees the 340B program will retain just over half of its staff in the event of [...]

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As Shutdown Looms, Momentum Slows on Bills with Key 340B Changes

Rep. Harshbarger (R-Tenn.) co-sponsored a PBM transparency bill with a 340B provision, but there had not been any floor or committee votes scheduled on the legislation.
As the country moves closer to a federal government shutdown, movement on two bipartisan House bills with 340B program language, [...]

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Expanding 340B Eligibility Could Double Program Size, Says Report

IQVIA headquarters
An analysis from pharmaceutical research and data firm IQVIA projected the 340B program could more than double in size if patient eligibility expands.
The 340B program could more than double in size if the 340B patient definition expands, according to a recent report [...]

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Senate Committee Rejects 340B Amendment to Bipartisan Health Bill

Bernie Sanders
Sen. Bernie Sanders, chair of the Senate HELP committee, opposed an amendment that would implement 340B hospital verification requirements.
A Senate committee rejected an effort to add new 340B hospital verification requirements as part of a sweeping healthcare funding [...]

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Federal Appeals Court Judges Press Both Sides in Key Hearing on Arkansas 340B Contract Pharmacy Law

Chief Judge Lavenski Smith of the 8th Circuit Court of Appeals and two other federal judges heard highly anticipated oral arguments for PhRMA v. McClain in a case that challenges Arkansas' 340B contract pharmacy law.
Attorneys representing Arkansas and 340B providers sparred with a drug industry lawyer over the constitutionality of Arkansas’ first-in-the-nation 340B contract [...]

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