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Trump Signs Executive Order to Impose ‘Most-Favored Nation’ Drug Pricing Model, Unlike April EO, 340B Implications Unclear

President Donald Trump on Monday signed an executive order directing his administration Monday to establish a “most-favored nation” model for prescription drugs.
President Donald Trump directed his administration Monday to use its trade, regulatory and enforcement powers to establish a “most-favored nation” [...]

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News Alert

Oklahoma Senate Passes 340B Contract Pharmacy Access Bill, Sends to Governor

The Oklahoma Senate passed a 340B contract pharmacy access and PBM nondiscrimination bill by a 40-5 margin on May 8.
Oklahoma state senators today overwhelmingly passed a 340B contract pharmacy access and pharmacy benefit manager (PBM) “nondiscrimination” bill, sending it [...]

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In Novel Approach, Vertex to Automatically Exempt States from 340B Contract Pharmacy Restrictions as New Laws Take Effect and Apply Exemptions Liberally; Other Companies Exempt Additional States 

Multiple drugmakers announced exemptions to contract pharmacy restrictions recently, including Vertex, which will automatically exempt states that enact contract pharmacy access laws moving forward.
Four drugmakers recently announced they will exempt additional states from their 340B contract pharmacy restrictions in response to a flurry [...]

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Drugmakers Press Federal Judge to Quickly Rule on 340B Rebates, Argue HHS’ Plan for Guidance ‘Commits to Nothing’

Drugmakers are urging a D.C. federal district judge to "expeditiously" rule on their motions seeking to implement controversial 340B rebate models.
Four major drugmakers and an industry vendor are urging a federal judge not to delay ruling on their 340B rebate [...]

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Navigating the Complexities of Specialty Medication Claims Processing

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The term “specialty medication” is often associated with a hefty price tag and numerous challenges related to claims processing. While this may be true in certain circumstances, organizations providing or considering offering specialty medications can still successfully navigate these complexities with

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In Win for Hospitals, Stricter 340B Bill Dies in Colorado One Day After Legislature Passes Provider-Backed Alternative

A Colorado 340B bill opposed by hospitals died on May 7—just one day after legislators sent a provider-backed 340B bill to the governor.
Just one day after passing a provider-backed contract pharmacy access and hospital reporting bill, Colorado lawmakers failed to advance a [...]

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Drug Industry Advocates Say 340B Providers Would be Unintended Beneficiaries in Effort to Kill Trump Proposed Medicaid Pricing Proposal

A California think tank and drug industry advocates penned new op-eds warning against the possible 340B impacts of President Donald Trump's Medicaid drug pricing proposal.
A California think tank, and an influential drug industry trade group that funds it, are raising concerns that President Donald [...]

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Contract Pharmacy Lawsuit Roundup: Key Briefs Filed in Nebraska, South Dakota and 5th Circuit

Key briefs were filed recently in Nebraska, South Dakota and the 5th Circuit.
Editor’s Note: With 340B-related litigation heating up in several states following the enactment of new contract pharmacy access laws, 340B [...]

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Powers Law Firm

Q: Tell us some interesting details about your company’s history.

Powers Law was founded by Galen D. Powers, the first Chief Counsel to the Health Care Financing Administration – the

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News Alert

Indiana Enacts 340B Hospital Reporting Law as Colorado Lawmakers Send Combined Contract Pharmacy Access-Provider Reporting Bill to Governor

Indiana enacted a 340B hospital reporting law on May 6, while Colorado lawmakers sent a combined reporting bill with 340B contract pharmacy protections to their state governor.
Indiana Gov. Mike Braun (R) late yesterday signed into law a sweeping 340B hospital reporting bill on the same day [...]

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