Category: Providers

Improved Non-Profit Hospital Outlook Helped by 340B Payout: Moody’s

November 15, 2023 Views

The 340B program could have a big impact on not-for-profit hospital finances, said Matt Cahill, assistant vice president for Moody’s.

The 2024 outlook for not-for-profit hospital and health systems improved from negative to stable, in part, due to the planned [...]

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Louisiana Provider Group to Intervene in Second 340B Contract Pharmacy Lawsuit

November 15, 2023 Views

A federal district judge allowed the Louisiana Primary Care Association's to intervene in a second drug industry lawsuit challenging Louisiana's 340B contract pharmacy law.

A Louisiana provider group was allowed to support the state attorney general’s legal defense of Louisiana’s 340B contract pharmacy law [...]

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Hospitals Continue Lobbying Push to Extend Pandemic-Era 340B Eligibility Waiver

November 15, 2023 Views

Heywood Hospital joined a coalition of 340B hospitals and providers groups that has asked Congress to extend a 340B eligibility exemption waiver.

A growing coalition of 340B hospitals has asked lawmakers to extend 340B program eligibility exemptions first authorized during the COVID-19 [...]

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Louisiana Provider Group to Intervene in 340B Contract Pharmacy Lawsuit

November 9, 2023 Views

A federal district judge allowed the Louisiana Primary Care Association's to intervene in a second drug industry lawsuit challenging Louisiana's 340B contract pharmacy law.

A federal judge allowed a Louisiana provider group to join the state attorney general in defending Louisiana’s 340B contract pharmacy [...]

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340B Hospitals Charge Higher Commercial Insurance Prices, Says PhRMA Funded Report

November 9, 2023 Views

Neil Masia, Ph.D., authored a Health Capital Group report that found 340B hospitals charge higher commercial insurance prices than non-340B hospitals.

The average hospital in the 340B program charges commercial insurers more than non-340B hospitals, according to a new report, which [...]

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Senate Committee Doubles Down on PBM Bill with 340B Spread Pricing Language

November 9, 2023 Views

Sen. Ron Wyden (D-Ore.), chairman of the Senate Finance Committee, announced a Dec. 5 hearing on prescription drug shortages that will include testimony from two witnesses who have published research on the 340B program.

Members of the Senate Finance Committee yesterday reiterated support for a pharmacy benefit manager (PBM) transparency bill with 340B spread [...]

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Indiana Health Care Leaders Call for 340B Transparency in Op-Ed

November 9, 2023 Views

Two Indiana Health Center leaders—TJ Warren (left) and Ben Harvey (right)—called for greater 340B program transparency in a recent op-ed.

The CEOs of an Indiana-based community health center and a primary care association recently wrote an op-ed that called for [...]

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Genesis Ruling Could Expand 340B-Eligible Prescriptions, Say Some Attorneys

November 7, 2023 Views

Kyle Vasquez, an attorney for Polsinelli, said the Genesis ruling was "limited in reach" but could create obstacles for other HRSA enforcement activity.

A recent ruling by a federal district judge in South Carolina potentially could expand 340B-eligible prescriptions, say some provider advisers. [...]

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Hospitals Urge CMS to Reconsider Future Cuts in 340B Lump Sum Final Rule

November 7, 2023 Views

Tom Kraus, a vice president of the American Society of Health-System Pharmacists, said he was "deeply concerned" with future cuts in CMS' 340B lump sum final rule.

Hospital advocates praised the recent Medicare final rule implementing a $9 billion lump sum payment to 340B hospitals but worried [...]

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Lilly Reinstates Tighter 340B Contract Pharmacy Restrictions

November 7, 2023 Views

Eli Lilly is conducting government approved 340B provider audits that for the first time look for certain Medicaid health plan duplicate discounts.

Pharmaceutical giant Eli Lilly this week announced it would reinstate tighter 340B contract pharmacy restrictions for all covered entity types. [...]

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