About a dozen people who advise, help run, or work at 340B covered entities are launching a nonprofit group, 340B Truth, to try to hammer out a covered entity consensus position on 340B reform and urge Congress to pass it swiftly.
The group began posting on the career networking site LinkedIn last week. An organizer, who requested anonymity, said Friday that it has asked the Internal Revenue Service to recognize it as a tax-exempt 501(c)(4) social welfare organization. 340B Truth is not disclosing who its members are while the application is pending, the organizer said. Donations to 501(c)(4) groups are not tax-deductible but the groups can lobby Congress and federal agencies.
About a dozen people who advise, help run, or work at 340B covered entities are launching a nonprofit group, 340B Truth, to try to hammer out a covered entity consensus position on 340B reform and urge Congress to pass it […]
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