Category: Providers

Michigan to Increase Medicaid Payment for 340B Hospitals, Adds Reporting Requirements

December 14, 2023 William Newton, Associate Editor/Senior Writer Views

The Michigan Department of Health and Human Services released a new 340B hospital billing and reporting rule.

At the start of 2024, Michigan 340B hospitals can bill the state at higher payment rates for outpatient drugs; later [...]

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Novo Nordisk to Provide 340B Refunds on Hemophilia Drugs

December 14, 2023 Rich Daly, Editor in Chief Views

Novo Nordisk will issue 340B provider refunds for formulations of two hemophilia drugs, according to a HRSA manufacturer notice.

Novo Nordisk will issue its fifth round of refunds this year on prices charged to 340B providers. The latest are [...]

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House Passes Healthcare Bill with 340B Provider Reporting Requirements

December 12, 2023 William Newton, Associate Editor/Senior Writer Views

A sweeping healthcare package with 340B reporting provisions from Rep. Cathy McMorris Rodgers (R-Wash.) was passed by the House of Representatives.

The U.S. House of Representatives last night passed a sweeping healthcare package that would require 340B providers to publicly report [...]

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Legislation ‘Is Coming’ to Address Contract Pharmacy Restrictions, Hospital Advocate Says

December 12, 2023 Rich Daly, Editor in Chief Views

Maureen Testoni, president and CEO of 340B Health, said she anticipates bipartisan legislation on drugmaker 340B contract pharmacy restrictions.

Months after it was expected, bipartisan legislation to prevent drugmaker restrictions on the use of contract pharmacies by 340B providers [...]

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Missouri State Senator to Reintroduce 340B Contract Pharmacy, PBM Protection Bill

December 12, 2023 William Newton, Associate Editor/Senior Writer Views

The Missouri state senate recently passed a 340B contract pharmacy access bill.

A Missouri state senator has filed to reintroduce a bill that would bar drugmaker 340B contract pharmacy restrictions and pharmacy [...]

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Wisconsin Assembly Bill Introduced to Bar PBM Practices Against 340B Providers

December 12, 2023 William Newton, Associate Editor/Senior Writer Views

Wisconsin lawmakers have introduced bills in both legislative chambers that would bar PBMs from differentially reimbursing providers on the basis of their 340B status.

Just a week after Wisconsin state senators introduced a bipartisan bill to bar disparate treatment of 340B providers by pharmacy [...]

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Drugmakers Highlight 340B Developments in Earnings Calls

December 12, 2023 Rich Daly, Editor in Chief Views

Jean-Jacques Bienaime, CEO of drugmaker BioMarin, discussed the impact of 340B on pharmaceutical sales during an investor earnings call.

Pharmaceutical company executives discussed a range of 340B-related developments in recent third quarter investor calls. An executive for BioMarin Pharmaceutical, [...]

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House Committee Approves PBM Transparency Bill with 340B Provision

December 7, 2023 William Newton, Associate Editor/Senior Writer Views

The House E&C Committee on Dec. 6 unanimously approved a PBM transparency bill with a 340B program provision.

Lawmakers on a key House committee approved a pharmacy benefit manager (PBM) transparency bill on Wednesday that would require PBMs [...]

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New Part B Drug Claims Modifier Requirement for 340B Entities Starts Jan. 1

December 7, 2023 Tom Mirga, Editor at Large Views

In response to the ongoing Change Healthcare cyberattack, CMS will direct contractors to provide some accelerated payments to hospitals.

Critical access hospitals (CAHs) and Ryan White HIV/AIDS clinics do not expect problems implementing a new requirement starting Jan. 1, [...]

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Four 340B Terminations, Eight Paybacks to Manufacturers in Latest Provider Audit Findings

December 5, 2023 Rich Daly, Editor in Chief Views

Federal auditors determined terminations from the 340B program were required for either covered entity sites or a contract pharmacy of two more 340B providers.

Federal auditors determined terminations from the 340B program were required for either covered entity sites or contract pharmacies of four [...]

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