Category: Providers

340B Hospitals Should Consider Internal Pharmacies, Selective Contracting, Says Consulting Group

May 21, 2024 Rich Daly, Editor in Chief Views

Executives at a healthcare financial consulting group recommended 340B hospitals consider using in-house pharmacies.

Hospitals in the 340B program should respond to increasing drugmaker contract pharmacy restrictions by opening their own pharmacies or selectively [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

Virginia Governor Vetoes 340B Contract Pharmacy Access Law that Nearly Unanimously Passed State Legislature

May 20, 2024 William Newton, Associate Editor/Senior Writer Views

Virginia Gov. Glenn Youngkin (R) vetoed 340B contract pharmacy access legislation after the state senate rejected his proposed amendment.

Virginia Gov. Glenn Youngkin (R) late Friday vetoed a bill that would have prohibited drugmaker contract pharmacy restrictions on grantee [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

Maryland Is Sixth State to Enact 340B Contract Pharmacy Access Law

May 16, 2024 William Newton, Associate Editor/Senior Writer Views

Maryland Gov. Wes Moore (right) will make Maryland the sixth state to prohibit drugmaker 340B contract pharmacy restrictions when he signs legislation today.

Maryland Gov. Wes Moore (D) this morning is signing legislation to make Maryland the sixth state to prohibit drugmaker 340B [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

340B Sales Increased 17% to $124B in 2023, Drug Industry Consulting Firm Finds

May 16, 2024 Shannon Young, Associate Editor/Senior Writer Views

Analysts from IQVIA found that 340B wholesale acquisition cost sales increased by 17% from 2022 to 2023.

The 340B program continued to expand in 2023, exceeding $124 billion in wholesale acquisition cost (WAC) sales—up from $107 billion [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

Draft Senate Bill Would Pay Hospitals to Stockpile Certain Generic Drugs if They Forgo 340B Discounts, Meet New Contracting Requirements

May 14, 2024 William Newton, Associate Editor/Senior Writer Views

Sen. Mike Crapo (R-Idaho), ranking member of the Senate Finance Committee, said a bipartisan draft bill would "take meaningful strides toward mitigating and preventing prescription drug shortages."

A new Senate draft drug shortages bill would offer bonus payments to hospitals that stockpile certain generic drugs and agree [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

2024 Provider Audits Begin with No Adverse Findings

May 14, 2024 Rich Daly, Editor in Chief Views

Federal auditors recently reported no adverse findings in their first fiscal year 2024 340B audit of a pharmaceutical manufacturer.

The first fiscal year 2024 340B provider audit reports included no adverse findings for 19 organizations. The May 8 audit [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

Health System Appeal of False Claims Suit Against Drugmakers For Alleged 340B Overcharges Allowed to Move Forward

May 14, 2024 Rich Daly, Editor in Chief Views

California-based health system Adventist Health System/West's lawsuit alleging drugmaker 340B overcharges was allowed to move forward in a federal appeals court.

A California health system’s lawsuit alleging “hundreds of millions” in overcharges by four drugmakers was recently released from required mediation [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

House Committee Clears Telehealth Medicare Extension Bill with PBM 340B Provision

May 9, 2024 William Newton, Associate Editor/Senior Writer Views

Rep. David Schweikert (R-Ariz.) introduced legislation with certain Medicare telehealth extensions and a PBM 340B provision.

A key House of Representatives committee yesterday approved a bill to extend telehealth regulations that also would require pharmacy benefit [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

Missouri House Committees Advance 340B Contract Pharmacy Access Bill as Legislative Session Nears End

May 9, 2024 William Newton, Associate Editor/Senior Writer Views

A Missouri House committee cleared a 340B contract pharmacy access bill in the final weeks of the state's legislative session.

With less than two weeks remaining in the Missouri legislative session, two key house committees approved a 340B contract pharmacy [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

IRA Draft Guidance Leaves 340B Details Unclear

May 9, 2024 Rich Daly, Editor in Chief Views

The latest CMS guidance on implementing the Inflation Reduction Act's Medicare price caps left unresolved key 340B pricing details.

Recently released draft guidance for implementing Medicare price caps would allow voluntary provider use of 340B codes on claims, while [...]

Please Login or Become a Paid Subscriber to View this Content

If you are already a

…

Please Login or Become a Paid Subscriber to View this Content

If you are already a

News Alert

Please Login or Become a Paid Subscriber to View this Content

If you are already a

Please Login or Become a Paid Subscriber to View this Content

If you are already a

Please Login or Become a Paid Subscriber to View this Content

If you are already a

Please Login or Become a Paid Subscriber to View this Content

If you are already a

Please Login or Become a Paid Subscriber to View this Content

If you are already a

Please Login or Become a Paid Subscriber to View this Content

If you are already a

Please Login or Become a Paid Subscriber to View this Content

If you are already a

Please Login or Become a Paid Subscriber to View this Content

If you are already a

Please Login or Become a Paid Subscriber to View this Content

If you are already a

Site Footer Live