U.S. Drug Spending Increased 14 Percent in 2023; Clinic, Hospital Trends Diverge

Eric Tichy led research with seven of his colleagues that examined U.S. drug spending trends in 2023.
Drug spending increased by 13.6% in 2023 to $722.5 billion, according to recent research. It found divergent trends for clinic [...]

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340B Program Critics, Supporters Target States 

ALEC, a conservative legislative group that receives drug industry funding, is advocating against state 340B legislation. Provider groups have criticized the campaign and launched their own efforts in support of 340B state bills.
As 340B stakeholders continue to hold out for long-awaited congressional action that could overhaul the discount drug pricing program, some [...]

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Kansas is Fifth State to Enact 340B Contract Pharmacy Access Law

Kansas Gov. Laura Kelly speaks at a rally.
Kansas Gov. Laura Kelly (D) signed a sweeping state budget bill on April 24 that contains a provision to prohibit drugmaker 340B contract pharmacy restrictions in the state.
Kansas Gov. Laura Kelly (D) signed a sweeping state budget bill late Wednesday that contains a provision to prohibit drugmaker [...]

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Small Business Group Whose Messaging Mirrors Drug Industry Takes Aim at 340B in New Video, Social Media Posts

A small business lobbying organization launched an online campaign critical of the 340B drug discount program.
A small business lobbying organization, created as a more conservative alternative to the U.S. Chamber of Commerce, this week launched [...]

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Conservative Ad Blitz Urges GOP Opposition to 340B, Praises Virginia Governor’s Drug Industry-Friendly Amendment

Building America's Future, a conservative nonprofit, is running an ad campaign asking states to "follow Youngkin's lead" and reject 340B legislation.
After Virginia Gov. Glenn Youngkin (R) amended a bill to delay legislation prohibiting certain drugmaker 340B contract pharmacy restrictions in [...]

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AbbVie Adds Cancer Drug to Contract Pharmacy Restriction Policy

Drug manufacturer AbbVie recently added a cancer medication to its 340B contract pharmacy restrictions for hospitals.
Drug manufacturer AbbVie is adding a cancer treatment to the list of drug products that only will be available to [...]

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Sectyr

Q: Tell us some interesting details about your company’s history.

Sectyr was founded to achieve the goal of helping our customers with Continuous Program Compliance. While we have many customers

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CPS

Q: Tell us some interesting details about your company’s history.

At CPS Solutions, LLC. (CPS), we’ve been partnering with healthcare organizations to transform pharmacy results for over 50 years.

In

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Key Considerations for the SUSTAIN 340B Act

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On February 2, six senators known as the “Gang of Six” – John Thune, Debbie Stabenow, Shelley Moore Capito, Tammy Baldwin, Jerry Moran and Ben Cardin – unveiled a discussion draft bill intended to preserve the 340B program and codify in statute

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Visante’s Top 10 Issues Facing Health System Pharmacy for 2024

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 In 2024, pharmacy will play an even more significant and critical role in health systems’ financial and operational performance nationwide. While health systems face daunting challenges, increasing risks, and suffocating regulatory and compliance burdens, high-performing pharmacy organizations

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