340B Program Policies and Procedures Form

Instructions and help about 340B Program Policies And Procedures

340b drug pricing has been an important program to meet the needs of underserved patient populations and the hospitals that serve them at no cost to taxpayers it is complicated but let's see if I can explain the basics how did it get started way back in 1992 Congress passed the program and President Bush signed it into law a section 340b of the Public Health Service Act hence its name the Act requires pharmaceutical companies to provide discounts and outpatient drugs to providers serving a large number of uninsured and underinsured patients when Congress created 340b they stated that the program's purpose was to enable the covered entities to stretch scarce federal resources as far as possible reaching more eligible patients and providing more comprehensive services so who are these coveted entities when the program began safety net hospitals some of which are teaching hospitals along with their outpatient clinics as well as community health centers were the primary participants due to