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Chief Healthcare Executive December 21, 2024
Minnesota providers earned $630M in 340B revenue in 2023
Becker's Healthcare December 4, 2024
Minnesota providers participating in the federal 340B Drug Pricing Program generated at least $630 million in net revenue in 2023, according to a new report from the state Department of Health.
The program, which allows qualifying healthcare providers to purchase outpatient drugs at discounted prices, is a significant source of funding for many healthcare organizations in the state.
Here are four key takeaways from the report:
- The state’s largest 340B hospitals accounted for about 80% of the total revenue, amounting to...
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