MedPAC Votes to Cut 340B Hospitals’ Medicare Part B Drug Reimbursement

by Admin | January 14, 2016 4:11 pm

January 14, 2016—The Medicare Payment Advisory Commission voted 14-3 today to recommend that Congress

• reduce Medicare Part B drug reimbursement for 340B hospitals by 10 percent of average sales price, which would cut the amount a hospital saves on a Part B drug by about 30 percent
• put the savings into the Medicare-funded hospital uncompensated care pool
• distribute payments from the pool on the basis of data from the Medicare cost report’s worksheet S-10, phased in over three years.  

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  Source URL: https://340binformed.org/2016/01/medpac-votes-to-cut-340b-hospitals-medicare-part-b-drug-reimbursement/

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