340b

340b The program allows 340B hospitals to stretch limited federal resources to reduce the price of outpatient pharmaceuticals for patients by providing 340B drug pricing discounts and expand health services to the patients and communities they serve

The 340B Program enables covered entities to stretch scarce federal resources as far as possible reaching more eligible patients and providing more comprehensive services Manufacturers participating in Medicaid agree to provide outpatient drugs to covered entities at significantly reduced prices Read an overview and the requirements of the 340B drug discount program which aims to provide better health outcomes to the poor and underserved through increased access to prescription medications

340b

340b
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A person receiving 340B drugs must be a patient of the covered entity However unique circumstances may be considered to decide if an individual fits the definition of patient PDF 31 KB and if they qualify to receive 340B drugs The 340B ceiling price is the maximum statutory price a manufacturer can charge a covered entity for the purchase of a covered outpatient drug and is equal to the average manufacturer price AMP from the preceding calendar quarter for the smallest unit of measure minus the unit rebate amount URA

Our website provides resources to help 340B Program stakeholders with navigating the 340B Program including registration and implementation requirements compliance program integrity and more Educational webinars FAQs The 340B Drug Pricing Program allows hospitals caring for large numbers of underserved patients to stretch scarce federal resources and provide more comprehensive care by requiring drug companies to offer discounted prices on certain outpatient drugs

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The federal 340B Drug Pricing Program allows qualifying hospitals and clinics that treat low income and uninsured patients to buy outpatient prescription drugs at a discount of 25 percent to 50 percent Congress created the 340B Drug Pricing Program in 1992 to protect safety net hospitals from escalating drug prices by allowing them to purchase outpatient drugs at a discount from manufacturers

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340b - The 340B ceiling price is the maximum statutory price a manufacturer can charge a covered entity for the purchase of a covered outpatient drug and is equal to the average manufacturer price AMP from the preceding calendar quarter for the smallest unit of measure minus the unit rebate amount URA