November 15, 2022

The American Hospital Association (AHA) released a new report detailing how safety net and charity care hospitals are losing millions due to drug companies cutting off sales of pharmaceuticals discounted under the 340B program to contract pharmacies. The report – based on a survey of more than 300 hospitals and health systems that are a part of the 340B program – found that the average 340B critical access hospitals with 25 beds or less have reported annual losses of $507,000 and the average 340B disproportionate share hospitals have reported annual losses of nearly $3 million. (Press release here)