The Biden administration this afternoon proposed amending the 340B statute to let federal health officials audit 340B covered entities “to determine how net income from purchases under [340B] are used by the covered entity.”
The proposed legislation is included in the administration’s fiscal year 2022 budget proposal for the U.S. Health and Human Services Department (HHS), which the White House issued today. It was not mentioned, however, in the U.S. Health Resources and Services Administration’s FY 2022 budget justification to Congress, also issued today. HRSA’s annual budget justification normally describes and explains proposed significant changes of this sort to the 340B program.
The Biden administration this afternoon proposed amending the 340B statute to let federal health officials audit 340B covered entities “to determine how net income from purchases under [340B] are used by the covered entity.”
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