Category: Research/Reports

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

In Providers, Regulatory, Research/ReportsSeptember 26, 2023439 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

In Providers, Research/ReportsSeptember 26, 2023377 Views

Rich Daly

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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Expanding 340B Eligibility Could Double Program Size, Says Report

In Providers, Regulatory, Research/ReportsSeptember 26, 2023179 Views

William Newton

An analysis from pharmaceutical research and data firm IQVIA projected the 340B program could more than double in size if patient eligibility expands.

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

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Share of Retail Pharmacies that Contract with ‘Core’ 340B Safety-Net Facilities Fell Over Time, Study Finds

In Pharma Industry, Providers, Research/ReportsAugust 17, 2023247 Views

Tom Mirga

There has been a decline in the share of retail pharmacies that contract with 340B "core safety-net facilities," according to a JAMA Health Forum study.

The proportion of retail contract pharmacies in the 340B program that contract exclusively with “core safety-net” facilities fell from 95% [...]

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340B Program Does Not Improve Hospital Inpatient Care for Medically Underserved Patients, HHS-Funded Study Finds

In Providers, Research/ReportsAugust 15, 2023325 Views

William Newton

A Health Services Research study with funding from a government agency suggested the 340B program does not improve hospital inpatient care quality.

The 340B drug pricing program does not improve inpatient care quality for underserved patients, a recent government-funded analysis concluded. A [...]

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Government Watchdog Reissues Controversial Finding on Adverse Incentives in 340B Program

In Federal, Regulatory, Research/ReportsAugust 8, 2023316 Views

William Newton

GAO restated its controversial 2015 finding that 340B covered entities prescribe more drugs or more expensive drugs than necessary.

The U.S. Government Accountability Office late last month restated its controversial recommendation that Congress take actions to reduce incentives for [...]

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Hospitals Charge Average 500% of Top 20 Drug Costs, Says PhRMA-Funded Analysis

In Pharma Industry, Providers, Research/ReportsAugust 8, 2023235 Views

Rich Daly

A Moran Company study, funded by PhRMA, found 340B hospitals charge an average of 500% above acquisition costs for 20 high-cost drugs.

Hospitals charge, on average, 500% of their acquisition cost for 20 individual medicines that account for the largest share of [...]

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On Deadline Day for Senate Feedback, Researchers in JAMA Urge 340B Provider Reporting, Tightening Eligibility, Preventing Drug Overcharges

In Federal, Research/ReportsAugust 3, 2023207 Views

Rich Daly

On the day a group of bipartisan Senators requested feedback from stakeholders, an influential academic and his colleagues published a series of recommendations to reform the 340B program in JAMA

A high-profile researcher and colleagues are urging a range of changes to the 340B program, including new provisions on transparency, [...]

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Amid Historic Financial Challenges, 340B Proposed Payments Will ‘Make a Difference’ for Some Hospitals’ Budgets, Says Rating Official

In Providers, Regulatory, Research/ReportsAugust 1, 202381 Views

Rich Daly

A Fitch Ratings webinar on the not-for-profit hospital sector discussed the financial implications of the proposed $9 billion lump sum Medicare payment to make up for five years of illegal 340B cuts.

As the not-for-profit hospital sector slowly emerges from its worst financial year in recent history, some of those organizations’ bottom [...]

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340B May Cause Providers to Buy More Expensive HIV Prevention Drugs, Conservative Policy Group Says

In Research/ReportsJuly 20, 2023334 Views

William Newton

The American Action Forum says in a new paper that 340B incentivizes providers to favor more expensive HIV medications, "raising costs for the rest of the health care system."

The 340B drug pricing program may incentivize hospitals and other covered entities to buy expensive preventative HIV medications over low-cost [...]

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