New study finds some hospitals mark up medicine prices at least 700 percent

A new analysis from The Moran Company found nearly one in five hospitals marks up medicine prices 700 percent or more. With this 700 percent markup, a $150 medicine purchased by a hospital could cost...
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New analysis finds 340B medicine sales hit record high in 2017 and continue to grow as a share of total drug spending

How big is the 340B program, and what share of the prescription medicine market does it represent? Those are popular questions of late as stakeholders discuss ways to improve the 340B program. In...
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GAO again recommends improvements to 340B program

Over the years, the non-partisan Government Accountability Office (GAO) has reviewed various aspects of the 340B program, finding areas for improvement and providing recommendations. The latest...
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ICYMI - Analysis finds higher outpatient drug spending at 340B hospitals

Did you know 340B hospitals prescribe more medicines or more expensive medicines? A recent analysis by Milliman, commissioned by PhRMA, found hospitals participating in the 340B drug pricing program...
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Patients pay the price when hospitals mark up cancer medicines

Two studies released last month reveal how hospitals across the country mark up the price of medicines and deliver a growing share of provider-administered medicines, resulting in higher costs that...
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340B Spotlight: How much money are hospitals pocketing under 340B and what are they doing with those profits?

The once little-known 340B drug discount program, which was designed to help low-income, uninsured or otherwise vulnerable patients access prescription medicines at safety-net facilities, is now a...
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340B Spotlight: Hospital system adds voice to comments about flawed 340B program

Each week, more and more groups are calling attention to the 340B program and its myriad problems. Here’s a quick recap of some of the latest voices out there.
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340B Spotlight: New pieces of legislation continue momentum to fix 340B program

In case you missed it, two new pieces of legislation have been introduced to increase oversight of and fix the 340B program. Before the holidays, Representatives Larry Bucshon and Scott Peters...
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340B Spotlight: ICYMI – 340B hearing, new reports highlight growing need for program reform

Evidence that the 340B program has strayed from its congressionally stated intent – and is now benefiting wealthy hospitals instead of patients – has been piling up, and members of Congress have...
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