HRSA Administrator Carol Johnson | Health Resources and Services Administration
HRSA Administrator Carol Johnson | Health Resources and Services Administration
This program is a federal initiative that enables eligible hospitals and healthcare organizations to purchase outpatient medications at significantly discounted prices.
Established in 1992, the program aims to provide financial relief to healthcare providers serving vulnerable populations, allowing them to stretch their scarce resources and reach more eligible patients.
Hospitals participating in the 340B program can use the savings to fund essential services and programs, such as free or low-cost medication assistance, expanded access to healthcare, and community outreach initiatives.
Participating hospitals, however, "often extend their 340B discounts to clinics in well-off communities, where they can charge privately insured patients more than those on Medicaid,” reported the Wall Street Journal.
"In some cases, the program appears to be bolstering profits in well-off areas more than it is underwriting services in less-privileged neighborhoods,” said the Journal article.
U.S. Sen. John Kennedy (R-La.) introduced a bill in 2023 that he said would ensure "that organizations are transparent about how they use resources from” the 340B program.
"The 340B Drug Pricing Program is supposed to help low-income and uninsured Americans afford their medicine, but some are taking advantage of the program at the expense of vulnerable patients,” said Kennedy.
Hospital | City |
---|---|
Athol Memorial Hospital | Athol |
Baystate Franklin Medical Center | Greenfield |
Baystate Medical Center | Springfield |
Baystate Noble Hospital | Westfield |
Berkshire Medical Center | Pittsfield |
Beth Israel Deaconess Medical Center | Boston |
Beverly Hospital | Beverly |
Boston Medical Center | Boston |
Brigham And Women's Faulkner Hospital | Boston |
Brigham And Women’s Hospital | Boston |
Brockton Hospital | Brockton |
Cambridge Public Health Commission | Cambridge |
Children's Hospital Boston | Boston |
Cooley Dickinson Hospital | Northampton |
Fairview Hospital | Great Barrington |
Franciscan Hospital for Children | Boston |
HealthAlliance-Clinton Hospital | Leominster |
Heywood Hospital | Gardner |
Holyoke Medical Center | Holyoke |
Lawrence General Hospital | Lawrence |
Marlborough Hospital | Marlborough |
Martha's Vineyard Hospital | Oak Bluffs |
Massachusetts General Hospital | Boston |
Mercy Medical Center | Springfield |
Nantucket Cottage Hospital | Nantucket |
North Shore Medical Center | Salem |
Southcoast Hospitals Group | Fall River |
The Lowell General Hospital | Lowell |
Tufts Medical Center | Boston |
UMass Memorial Health - Harrington Hospital | Southbridge |
UMass Memorial Medical Center | Worcester |