Blog Posts

Twenty-One Percent of 340B Hospitals Will Not Receive Lump Sum Payments: Research

A JAMA research letter found that one-fifth of 340B hospitals will not receive repayment from Medicare for previous underpayments.
One-fifth of 340B hospitals will garner no repayment from Medicare for past underpayments, according to a recent analysis by a [...]

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Cosette Pharmaceuticals Offers 340B Provider Refunds on 38 Drugs

North Carolina-based drug manufacturer Cosette will refund 340B providers for 38 medications.
Cosette Pharmaceuticals recently announced refunds to 340B covered entities for 38 medications sold over a year and half. The refunds [...]

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Kansas is Fifth State to Enact 340B Contract Pharmacy Access Law

Kansas Gov. Laura Kelly speaks at a rally.
Kansas Gov. Laura Kelly (D) signed a sweeping state budget bill on April 24 that contains a provision to prohibit drugmaker 340B contract pharmacy restrictions in the state.
Kansas Gov. Laura Kelly (D) signed a sweeping state budget bill late Wednesday that contains a provision to prohibit drugmaker [...]

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Key Senator Says 340B Overhaul Bill Could Be Introduced Next Month, But Some are Skeptical of Short Turnaround

Sen. John Thune (R-S.D.) said a bipartisan Senate bill to overhaul the 340B program could be formally introduced as soon as May.
Senate Minority Whip John Thune (R-S.D.) said bipartisan legislation to overhaul the 340B program could be introduced as soon as [...]

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Navigating HRSA 340B Program Audits

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In the complex landscape of healthcare, compliance with the Health Resources and Services Administration’s (HRSA) 340B program is paramount for covered entities. As organizations strive to optimize their participation in the program, one critical aspect is preparing for HRSA audits. To shed light on this crucial process, we turn to Kristin Andolfo, a seasoned expert in navigating HRSA audits. Kristin is a 340B ACE Senior Consulting Advisor at The Craneware Group.

With over 300 HRSA audits under its belt, along with extensive experience in handling manufacturer, state, and external audits, The Craneware Group is uniquely positioned to offer valuable insights on how covered entities can effectively prepare for HRSA audits.  See our step by step below guide below:

1. Alert and Gather All Key Players  

The first step in preparing for a HRSA audit is to ensure that all relevant stakeholders within the organization are informed and engaged. This includes representatives from pharmacy, finance, compliance, and any

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Bausch Health Becomes 22nd Drugmaker to End or Loosen 340B Contract Pharmacy Restrictions in Arkansas

Drugmaker Bausch Health has exempted all Arkansas covered entities from its 340B contract pharmacy restrictions in response to a state law recently upheld by a federal appeals court.
Drug manufacturer Bausch Health announced it will exempt all Arkansas providers and pharmacies from its 340B contract pharmacy policy, including [...]

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CBO Recommendation: Restrict 340B Access to Get Hospitals to Join ACOs

The Congressional Budget Office report recommended restricting 340B access to incentivize hospitals to join accountable care organizations.
As part of a report on incentivizing use of accountable care organizations (ACOs), Congress’ primary research arm recently recommended excluding [...]

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Small Business Group Whose Messaging Mirrors Drug Industry Takes Aim at 340B in New Video, Social Media Posts

A small business lobbying organization launched an online campaign critical of the 340B drug discount program.
A small business lobbying organization, created as a more conservative alternative to the U.S. Chamber of Commerce, this week launched [...]

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Takeda Issues Refunds to 340B Providers for 28 Drugs

Drugmaker Takeda is offering rebates to 340B providers on 28 of its drugs.
Japanese drugmaker Takeda recently announced refunds to 340B covered entities for 28 drugs, including one of its top-selling attention-deficit medications. [...]

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Expert Tip from Red Chip Enterprises

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TIP: When negotiating Single Case Agreements (SCA), it’s important to include payment terms. An SCA without terms can lead to lengthy delays in

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