Possibly Hundreds of Millions of Dollars Annually in Lost 340B Savings Draw Closer in California

California 340B health care providers have been dealt a setback in their fight to stop the state from shifting Medicaid managed care pharmacy benefits into Medicaid fee for service. According to an April 2019 report by the state Legislative Analyst’s Office, the transfer could cost providers potentially “hundreds of millions of dollars annually” in lost 340B earnings on drugs billed to the state.

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