HealthLeaders Media July 7, 2023
The proposed rule by CMS is the remedy to payment rates the Supreme Court deemed unlawful.
CMS announced it will pay eligible hospitals $9 billion in a lump sum payment under a proposed remedy for the 340B payment rates—a decision hospital groups expressed satisfaction with.
The federal agency estimates that from 2018 through approximately the third quarter of 2022, certain 340B providers received $10.5 billion less in 340B drug payments than they would have without the policy.
In June 2022, the Supreme Court unanimously ruled against the 340B payment rates, considering them unlawful because HHS failed to conduct survey of hospitals’ acquisition costs.
However, CMS stated that affected 340B providers have already received from Medicare and beneficiaries $1.5 billion...
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