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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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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Top 10 Most Read 340B Report Articles in 2023

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These are top 10 most read 340B Report articles for 2023.
Among the many tumultuous developments affecting the 340B discount drug program in 2023, the most popular news articles in 340B [...]

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A Tribute to Our Founding Editor in Chief from the Publisher and CEO

Ted Slafsky, publisher and CEO of 340B Report, calls retiring editor-in-chief Tom Mirga a "brilliant writer and reporter" in a tribute editorial.
When I thought about launching 340B Report, the first person I reached out to was Tom Mirga. Tom and I [...]

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4 Ways Hospital Pharmacies Can Unlock Financial Stability

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With so many challenges facing health systems today — from 340B contract pharmacy restrictions to drug shortages, labor issues, and ever-rising costs — revenue integrity has become essential to financial stability.

With huge increases in drug expenditures from pre-pandemic levels, health systems must

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