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Essential Hospitals, Patients Rely on 340B

Congress established the 340B Drug Pricing Program to help covered entities “stretch scarce Federal resources as far as possible, reaching more eligible patients and providing more comprehensive services.” Simply put, the 340B program affords essential hospitals the financial flexibility to tailor services and programs to their community’s unique challenges.

Essential hospitals, which have a mission to care for low-income and underserved patients, depend on 340B savings — not only to provide affordable drugs to patients but also to free up resources for services and programs vulnerable people need.

But recent unlawful cuts to Medicare Part B reimbursement at 340B hospitals and other harmful policy changes threaten the program, a key part of the patchwork of federal support essential hospitals rely on to meet their mission.

America’s Essential Hospitals urges Congress and the administration to protect the 340B program, and Congress should oppose attempts to impose burdensome reporting requirements and eligibility restrictions on hospitals in the program.

Read Our View – Essential Hospitals, Patients Rely on 340B

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