Category: Providers

News Alert

Ranking GOP Senator on Key Committee Opens Investigation into 340B Hospital Revenue

September 29, 2023 William Newton, Associate Editor/Senior Writer Views

Sen. Bill Cassidy, ranking Republican on the Senate HELP Committee, does not appear to have the authority to compel hospitals to respond to his inquiry on 340B revenue.

The top Republican on an influential Senate committee has opened an investigation into how two major health systems use revenue [...]

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As Shutdown Looms, Momentum Slows on Bills with Key 340B Changes

September 28, 2023 William Newton, Associate Editor/Senior Writer Views

Rep. Harshbarger (R-Tenn.) co-sponsored a PBM transparency bill with a 340B provision, but there had not been any floor or committee votes scheduled on the legislation.

As the country moves closer to a federal government shutdown, movement on two bipartisan House bills with 340B program language, [...]

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Lilly and Novo Post 340B Refund Notices, Amgen Posts 340B Replenishment Notice

September 28, 2023 Tom Mirga, Editor at Large Views

Lilly and Novo Nordisk are refunding 340B covered entities on some products due to 340B ceiling price adjustments.

Drugmakers Lilly and Novo Nordisk are giving covered entities refunds on some products due to 340B ceiling price adjustments, according [...]

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340B Health, Researchers Spar over Biosimilar Study

September 28, 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.

Researchers rejected criticism of a recent study in an academic journal they co-authored from the leader of a 340B hospital [...]

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340B Drug Purchases Reached $53.7 Billion in 2022, HRSA Data Show

September 26, 2023 Tom Mirga, Editor at Large Views

Drug purchases under the 340B program totaled $53.7 billion in 2022, according to HRSA data obtained by Drug Channels.

Drug purchases under the 340B program totaled $53.7 billion in 2022, or 22.3% more than the $43.9 billion in 2021, [...]

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Hospital 340B Sites increased by 400% Over 11 Years, Analysis Finds

September 26, 2023 Rich Daly, Editor in Chief Views

A consulting firm analysis found that hospital 340B covered entity and child sites increased more than fourfold over the last 11 years.

Hospital 340B covered entity and child sites increased by more than 400% over the last 11 years, while the number [...]

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Providers Try a Range of Responses to Manufacturer 340B Contract Pharmacy Restrictions

September 26, 2023 Rich Daly, Editor in Chief Views

Community health centers are attempting to mitigate the adverse financial effects of manufacturer 340B contract pharmacy restrictions on their organizations, said Colleen Meiman, national policy advisor for State & Regional Associations of Community Health Centers.

Amid an increasing number of drugmaker restrictions and requirements on the use of contract pharmacies, 340B providers are trying a [...]

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Expanding 340B Eligibility Could Double Program Size, Says Report

September 26, 2023 William Newton, Associate Editor/Senior Writer Views

An IQVIA analysis looked at the 340B program’s growth under the Affordable Care Act.

The 340B program could more than double in size if the 340B patient definition expands, according to a recent report [...]

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Senate Committee Rejects 340B Amendment to Bipartisan Health Bill

September 26, 2023 William Newton, Associate Editor/Senior Writer Views

Sen. Bernie Sanders, chair of the Senate HELP committee, opposed an amendment that would implement 340B hospital verification requirements.

A Senate committee rejected an effort to add new 340B hospital verification requirements as part of a sweeping healthcare funding [...]

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Federal Appeals Court Judges Press Both Sides in Key Hearing on Arkansas 340B Contract Pharmacy Law

September 21, 2023 William Newton, Associate Editor/Senior Writer Views

Chief Judge Lavenski Smith of the 8th Circuit Court of Appeals and two other federal judges heard highly anticipated oral arguments for PhRMA v. McClain in a case that challenges Arkansas' 340B contract pharmacy law.

Attorneys representing Arkansas and 340B providers sparred with a drug industry lawyer over the constitutionality of Arkansas’ first-in-the-nation 340B contract [...]

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