Category: Trade Association

Estimated 340B Revenue Exceeded Charity Care Spending for 85% of DSH Hospitals, Says Pharma-backed Group

April 2, 2024 Rich Daly, Editor in Chief Views

340B revenue exceeds charity care spending for most DSH hospitals, said a report from drug industry-backed AIR340B.

Eighty-five percent of DSH hospitals earned more in estimated 340B revenue in 2022 than they incurred in charity care costs, [...]

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As Deadline Approaches, First Stakeholders Respond to Senate Group of Six Draft 340B Overhaul

March 28, 2024 William Newton, Associate Editor/Senior Writer Views

The deadline for stakeholders to respond to the bipartisan senate "group of six" 340B draft 340B overhaul is April 1.

Less than four days remain for stakeholders to comment on the highly anticipated bipartisan senate draft 340B program overhaul, and [...]

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340B Small Share of Drugmaker Revenue, Says Hospital-Backed Report

March 14, 2024 Rich Daly, Editor in Chief Views

340B drug discounts only amounted to a small percentage of total drugmaker revenue, a hospital-funded study found.

Despite the increase in the amount of 340B program drug discounts, those only amounted to 3.1% of global and 7% [...]

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U.C. Berkeley Researcher Proposes 340B Be Limited to the Indigent or that Providers Pass on their Discounts to Insurance Industry

March 14, 2024 Rich Daly, Editor in Chief Views

Dr. James Robinson, a health economist at University of California at Berkley, criticized hospitals’ “buy and bill” drug acquisition process.

A University of California at Berkeley academic is proposing a series of major reforms to the 340B discount drug program [...]

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As Conservative Media Campaign Continues, Hospital Group Demands Removal of Ads Linking 340B to Illegal Immigration

March 12, 2024 Rich Daly, Editor in Chief Views

A 340B hospital trade group demanded local stations remove a dark money ad that links the 340B program to immigration growth.

A national hospital advocacy group “insists” multiple television stations remove a dark money group’s political ads alleging federal funding for [...]

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Hospital Groups Slam AbbVie in Legal Battle Over Louisiana’s 340B Contract Pharmacy Law

March 7, 2024 William Newton, Associate Editor/Senior Writer Views

Hospital groups urged a federal district court to dismiss drugmaker AbbVie's lawsuit against Lousiana's 340B contract pharmacy law.

The drugmakers that sued to block Louisiana’s 340B contract pharmacy law “want to have their cake and eat it too,” [...]

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CMS Directs Contractors to Provide Accelerated Payments as Part of Change Healthcare Cyber Attack Response

March 5, 2024 Rich Daly, Editor in Chief Views

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

The Centers for Medicare & Medicaid Services (CMS) will direct Medicare administrative contractors (MACs) to provide some accelerated payments to [...]

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Dark Money Group Ominously Warns That 340B Used to ‘Launder Your Money,’ Contributes to Immigration Crisis

March 5, 2024 Rich Daly, Editor in Chief Views

A 340B hospital trade group demanded local stations remove a dark money ad that links the 340B program to immigration spending.

Building America’s Future, a nonprofit advocacy group that previously focused on trade, infrastructure, and tobacco issues, recently pushed into drug [...]

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HRSA Lacks Authority to Reverse 340B Child Site Registration Policy, Hospital Group Tells Court

February 29, 2024 William Newton, Associate Editor/Senior Writer Views

A hospital association asked the U.S. District Court of the District of Columbia to side with more than 40 health systems that sued federal regulators over a hospital registration policy change.

A 340B hospital association this week asked a federal court to bar, without a full trial, federal regulators from reversing [...]

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Amid Double Digit 2023 Growth in 340B, NACHC Urges Federal Over State Reform

February 21, 2024 William Newton, Associate Editor/Senior Writer Views

Vacheria Keys, director of regulatory affairs at NACHC, said the organization was focused on comprehensive federal 340B reform.

Unreleased figures show “double digit growth again for the 340B program” in 2023, the leader of the 340B prime vendor [...]

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