Perhaps the most misreported number in the 340B debate is the number of pharmacies that have contracts with 340B healthcare providers. That number currently stands at 13,833. Not 41,051. The confusion comes from the way the Office of Pharmacy Affairs tracks contract pharmacies in its database. Instead of listing these brick-and-mortar stores only once, the agency counts the … [Read more...]
Archives for January 2014
HRSA Issues Last Two 340B Provider Audit Summaries for 2012
Plans to use results to develop best practicesJanuary 10, 2014—The Health Resources and Services Administration (HRSA) yesterday released the remaining two summaries of the 51 audits of 340B covered entities it performed in fiscal year 2012. HRSA's latest update also includes brief descriptions of how some audits were resolved. Many of the audits are still not final, however. … [Read more...]
340B Drug Purchases Are Just Shy of $7 Billion Annually
HRSA supplies figure in a filing in orphan drug exclusion lawsuitJanuary 9, 2014—The dollar amount of pharmaceuticals purchased through the 340B program has been a guesstimate—until now. … [Read more...]
Hospitals Provided $45.9 Billion in Uncompensated Care in 2012, Study Shows
1 in 3 Americans incur medical debts, mainly due to high cost-sharing plans, separate report findsJanuary 8, 2014—U.S. hospitals provided a record-high $45.9 billion in unreimbursed care to indigent and underinsured patients in 2012, an 11.7 percent increase over 2011, according to a new American Hospital Association (AHA) report. … [Read more...]
PhRMA: Strike 340B Data in Orphan Drug Case
PhRMA has asked a federal judge to strike a hospital survey from a friend-of-the court brief filed by 340B healthcare providers. … [Read more...]
Hospitals Provided $45.9 Billion in Uncompensated Care in 2012
U.S. hospitals provided a record-high $45.9 billion in unreimbursed care to indigent and underinsured patients in 2012, an 11.7 percent increase over 2011, according to a new American Hospital Association (AHA) report. The uncompensated care total includes charity care and bad debt but excludes Medicaid and Medicare underpayment. 340B hospitals provide 62 percent of all … [Read more...]