340B Drug Pricing Program
Hospitals, including those participating in the 340B Drug Pricing Program, are the true safety-net, not the pharmaceutical industry with its 鈥渟kyrocketing prescription drug prices and huge profits,鈥 AHA Executive Vice President Tom Nickels writes in an AHASTAT blog post today.
A group financed by the pharmaceutical industry is hosting a meeting today on the 340B Drug Pricing Program with the goal of 鈥淧reserving the True Safety Net.鈥 But what the meeting really will be about is the pharmaceutical industry 鈥 with their skyrocketing prescription drug prices and huge profits鈥
A recent proposal that calls for reducing the benefits of the 340B Drug Pricing Program to curb rapidly rising prescription drug costs is 鈥渕isguided,鈥 writes AHA Executive Vice President Tom Nickels in an AHASTAT blog post today.
The rapidly rising costs of prescription drugs is causing significant financial challenges for patients and their care providers.
Many groups, including the AHA, are evaluating options for addressing this important issue. However, one recent proposal, which is seriously misguided, would reduce a鈥
AHA Digital Advocacy Resources for 340B Program
The AHA last week criticized as 鈥渕isdirected鈥 and a blow to patient care the Medicare Payment Assessment Commission鈥檚 (MedPAC) recommendation that Congress reduce Part B drug payment rates to hospitals participating in the 340B Drug Pricing Program.
At its Jan. 14 meeting, the commission voted 14鈥
The AHA today urged the Medicare Payment Advisory Commission to withdraw its draft recommendation to reduce Part B drug payment rates to hospitals participating in the 340B Drug Pricing Program. 鈥淭his recommendation is outside of the scope of MedPAC鈥檚 mission, lacks a clear purpose and penalizes鈥
More than 20 years ago, Congress created the 340B Drug Pricing Program to allow eligible hospitals and health systems to stretch limited resources and expand access to care for vulnerable patients. But despite a proven track record of increasing patient access to vital medical services and鈥
This infographic PDF urges Congress to preserve the 340B program to protect access to care.