Vermont Bills Would Require 340B Hospitals to Report Drug Discount Savings and Spending

Vermont Bills Would Require 340B Hospitals to Report Drug Discount Savings and Spending

Companion bills filed this month in the Vermont House and Senate would require hospitals to report how much money they save through the 340B program and how they use the savings. In addition, the state health department would have to make recommendations to the legislature by Nov. 15 on how best to modify Vermont Medicaid’s 340B drug pricing policies “to improve the efficiency, accountability, and cost effectiveness of the program.”

State hospital sources say they are keeping an eye on the bills, which have been referred to the legislature’s health committees. The current two-year legislative session is expected to end this summer.

Vermont Bills Would Require 340B Hospitals to Report Drug Discount Savings and Spending Companion bills filed this month in the Vermont House and Senate would require hospitals to report how much money they save through the 340B program and how...

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