Growth in 340B Purchases Driven by Pharma Price Increases, Broader Healthcare Trends, Providers Say

Providers say drugmaker price increases and broader healthcare trends drove last year's increase in total 340B purchases.
The growth in total 340B purchases last year was largely a result of drugmaker price increases and broader healthcare trends, [...]

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News Alert

Total 340B Drug Purchases Reached $66 Billion in 2023

Total 340B purchases reached $66.3 billion in 2023, according to new HRSA data released Oct. 18.
Drug purchases under the 340B program reached $66.3 billion in 2023, marking a 24% increase over the $54 billion in [...]

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PhRMA Pans Government’s Response to J&J’s 340B Rebate Proposal in Letter to HRSA Administrator

PhRMA sent an Oct. 11 letter to HRSA criticizing the agency's opposition to J&J's 340B rebate proposal.
Pharmaceutical Research and Manufacturers of America (PhRMA) expressed “serious concerns” with the federal government’s opposition to Johnson & Johnson’s (J&J’s) [...]

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CMS Inaction on IRA-340B Conflicts May Drive ‘Manufacturer-Friendly’ Compliance Models

340B-IRA interactions
CMS has not assumed responsibility for “deduplicating” discounts that arise between the 340B program and the IRA's Medicare drug price negotiations.
Federal regulators’ inaction on the 340B program’s interactions with Medicare drug price negotiations will likely lead drugmakers to pursue “manufacturer-friendly” [...]

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CMS’ MDRP Final Rule May Impact 340B Covered Drugs, Attorneys Say

CMS' recently-released MDRP final rule may affect 340B covered drugs and draw litigation.
A new federal regulation updating the definition of a covered outpatient drug could change the number of drugs covered under [...]

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Arkansas Begins Enforcement Against AstraZeneca for Allegedly Violating Contract Pharmacy Access Law

The Arkansas Insurance Department held a preliminary hearing with attorneys for AstraZeneca on Oct. 1.
Arkansas officials initiated enforcement proceedings earlier this week against AstraZeneca for allegedly violating a state law that prohibits drugmaker 340B [...]

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CMS Finalizes Next Medicare Drug Negotiation Guidance Without Resolving Key Concerns of 340B Stakeholders

The AHA raised concerns that October 2024 federal guidance on Medicare drug price negotiations may allow drugmakers to “wrongly justify fundamental changes to the 340B program.”
Federal regulators issued final guidance for the next round of Medicare drug price negotiations yesterday but did not propose remedies [...]

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340B Provider Groups, Key Federal Lawmaker Praise HRSA for Pressuring J&J to Drop 340B Rebate Proposal

U.S. Rep. Abigail Spanberger (D-Va.) and multiple 340B provider groups applauded HRSA for its response on J&J's 340B rebate proposal.
Multiple 340B provider groups have applauded the federal government for threatening “strong” enforcement actions that led Johnson & Johnson (J&J) [...]

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Kalderos Launches New Drug Discount Platform with 340B Rebate Capabilities as Lawsuit with HHS Remains Paused

Kalderos announced a new drug discount platform that supports 340B rebate capabilities.
Drug industry vendor Kalderos last week launched a new drug discount platform with 340B rebate capabilities as its prior lawsuit [...]

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Breaking News

J&J Abandons 340B Rebate Due to HRSA’s Enforcement Threats But Defends Model in Letter to Agency

J&J announced it will "forgo implementation" of its 340B rebate proposal due to enforcement threats from HRSA.
Johnson & Johnson (J&J) notified the Health Resources and Services Administration (HRSA) this morning that it will drop its 340B [...]

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