Chief Healthcare Executive June 30, 2024
Lawmakers are pushing legislation that would impose new criteria to participate in a program allowing hospitals to buy medications at lower prices.
The skinny
Three Republican House members have introduced the 340B Access Act, which would impose tougher rules for participating in a federal program that allows hospitals to buy some drugs at lower prices.
Sponsors
U.S. Reps. Larry Bucshon, MD, (R-Ind.), Buddy Carter (R-Ga.), and Diana Harshbarger (R-Tenn.) are the prime sponsors of the bill.
Summary
The lawmakers sponsoring the bill say the measure is needed to improve accountability and ensure that the program is truly helping those in need.
The sponsors say the bill would impose new eligibility requirements for hospitals who want to participate in the 340B...