Walgreens Takes Full Ownership of 340B Specialty Pharmacy Company Shields Health Solutions

Screenshot of Business Wire announcement Walgreens Boots Alliance, Inc. to gain ownership of Shields Health Solutions
Walgreens Boots Alliance (WBA) announced September 20th that it is acquiring the remaining 30% stake in 340B specialty pharmacy company Shields Health Solutions that it did not already own.

Walgreens Boots Alliance (WBA) announced September 20th that it is acquiring the remaining 30% stake in 340B specialty pharmacy company Shields Health Solutions that it did not already own. WBA first invested in Shields in July 2019. Last year, it spent

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Health Centers Criticize Kaiser Health News Story About Profit Margins

Tony Megna outside a Genesis Health Care facility

Community health center advocates have strongly criticized a new Kaiser Health News (KHN) investigative report that found that some health centers have large profit margins.

The article found that nine of the nation’s nearly 1,400 health centers reported profit margins

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AIDS Healthcare Foundation Calls PhRMA’s Washington Post 340B Ad “Hypocritical Slander”

screenshot of Let it B. website
AIDS Healthcare Foundation recently refreshed its let340b.org website, roughly the same time as PhRMA ran a full-page ad in The Washington Post saying the 340B program doesn't help patients.

The brand drug industry’s recent full-page ad in The Washington Post saying the 340B program helps big hospitals and chain pharmacies but not patients is “hypocritical slander,” AIDS Healthcare Foundation President Michael Weinstein said last week.

“PhRMA calling for drug price

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Part 2: “There Have Been Challenges Up and Down the Supply Chain”: The View from the Field and Responses from Stakeholders

Beth Peery headshot
Beth Peery is the 340B Coordinator at Memorial Health Systems in Seward, Nebraska, a town of 6,000 in the southeastern part of the state.

A Special Report From 340B Report:
A two-part series on the growing frustrations safety net providers face in restoring access to 340B pricing in the contract pharmacy setting. Part 1 provides important background on the challenges that covered entities face

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Part 1: “I Don’t Want to Go Through This Nightmare”: Frustrations Grow Over Significant Delays in Restoration of 340B Pricing for Contract Pharmacy Purchases

screenshot of 340B ESP Get Started page

A Special Report From 340B Report:
A two-part series on the growing frustrations safety net providers face in restoring access to 340B pricing in the contract pharmacy setting. Part 1 provides important background on the challenges that covered entities face and

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Hospital Pharmacy Leaders Call Staff Shortages, Vendor Management Their Biggest Operational Challenges

circular chart indicating percentage of hospital operated onsite pharmacies
Seventy-one percent of hospital pharmacy leaders surveyed said their facility offered at least one in-house outpatient and/or specialty pharmacy and over half of those lacking such a pharmacy said they planned to open one at some point.

Hospital outpatient pharmacy leaders cite staffing shortages, managing multiple vendors, and navigating insurer red tape—specialty drug referrals and prior authorization requirements, specifically—among top workplace challenges, a new survey finds. As 340B providers continue to grapple with pharmaceutical manufacturer contract pharmacy

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In a Move to Expand its Specialty Pharmacy Services, CPS Acquires Trellis Rx

Frank Segrave and Andy Maurer headshots
CPS Chairman & CEO Frank Segrave (left) says his company's acquisition of Trellis Rx "helps us to deliver a broader range of offerings and flexibility across our inpatient and outpatient businesses." Trellis co-founder and CEO Andy Maurer (right) says the companies "complement each other and together, we can create a more diverse offering across inpatient, outpatient and specialty pharmacy settings for health and hospital systems serving communities of all sizes."

340B pharmacy and health-system services provider CPS Solutions, based in Dublin, Ohio, announced late last week that it has acquired specialty pharmacy services company Trellis Rx, headquartered in Atlanta, Ga.

Both companies have personnel with several decades of 340B experience.

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OptumRx Says Providers Can’t Share 340B Claims Data Without its Consent

Optum wordmark building-mounted sign
OptumRx is requiring 340B covered entities to get its consent before they share OptumRx contract pharmacy claims data with drug manufacturers.

Pharmacy care services company OptumRx is requiring 340B covered entities to get its consent before they share OptumRx contract pharmacy claims data with drug manufacturers to satisfy manufacturers’ conditions on 340B pricing.

OptumRx—a part of information and health services business

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340B Providers Say Express Scripts’ New 340B Claims Validation Requests Raise Red Flags

Express Scripts office building
340B covered entities have raised concerns about Express Scripts' new requests to verify 340B drug reimbursement claims.

340B hospitals and health centers say they have a lot of questions about new requests from Express Scripts (ESI) to verify 340B drug reimbursement claims in 10 business days.

Hospital and health center covered entities report getting one or more

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Signify Health Acquires Caravan Health For $250 Million

Signify Health has signed an agreement to acquire Caravan Health, a company that helps hospitals and health systems that have value-based care arrangements. These services include maximizing 340B savings.

Signify Health, a value-based healthcare platform with a network of over 3,000 physician practices and facilities, has signed an agreement to acquire Caravan Health, a company that helps hospitals and health systems with value-based care arrangements maximize 340B savings, the

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