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The 340B Drug Pricing Program is a US federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations and covered entities at significantly reduced prices. The intent of the program is to allow covered entities to "stretch scarce federal resources as far as possible ...
The Program is a federal program. The 340B Drug Pricing Program, administered by the Office of Pharmacy Affairs, resulted from enactment of Public Law 102-585, the Veterans Health Care Act of 1992, which is codified as Section 340B of the Public Health Service Act.
Per HRSA's 340B Drug Pricing Program, drug manufacturers are required to give certain organizations discounted drugs given these organizations fit the eligibility criteria for discounts. [72] A big problem with 340B or similar programs is that pharmacies and hospitals can choose to bill for the discounted drugs at full price, defeating the ...
Certain healthcare nonprofits, including the AIDS Healthcare Foundation, participate in a federal program called 340B, which allows them to purchase prescription drugs at a discounted price.
Lighter Side. Medicare. News
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Supporters argue that health care providers, especially those that receive government subsidies such as those through the federal 340B Drug Pricing Program, should spend most of their funds on direct patient care and not divert money to unrelated projects. [3] [5] [6] [7]
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