Becker's Healthcare January 15, 2025
The 340B drug pricing program is a cornerstone for community-based health systems, allowing them to stretch limited resources and provide essential care to uninsured and underinsured patients. However, the program faces mounting challenges that hospital leaders cannot afford to ignore.
For Missionaries of Our Lady Health System, a 10-hospital system headquartered in Baton Rouge, La., the 340B program represents a crucial lifeline.
“It’s a program we’ve continued to take advantage of to support the costs we incur and don’t get reimbursed for — the uninsured and underinsured within our community,” Mr. Gleason said during a Becker’s Healthcare Podcast episode. “It’s worth approximately $150 million annually to our organization and has continued to grow at double-digit percentage rates over the...
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