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  • 340B

    The 340B Drug Pricing Program: Cut Backs or More Addendum’s?

    The 340B Drug Pricing Program: Cut Backs or More Addendum's? Created by the US federal government in 1992, the 340B Drug Pricing Program was supposed to help poor patients acquire outpatient drugs at significantly reduced prices. It mandates drug manufacturers to allow covered entities to reach as many eligible patients…

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  • What You Need to Know About Specialty Pharmacy

    What You Need to Know About Specialty Pharmacy   Since its inception, the health care reform has spurred the rise of specialty drugs, with an ascendancy rate that is projected to account for nearly 50% of all pharmaceutical spending until 2016. This growth means a con-current growth in opportunities for…

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  • 340B Drug Pricing Program Changes

    340B Drug Pricing Program Changes   It is highly important for us to keep up with the 340B Drug Pricing Program changes to maintain compliance, especially these days when more attention is given to oversight in the 340B industry. Since its inception, the 340B Program, also called as the 340B…

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  • Prepare for the Rising 340B Audits

    What You Need to Know to Prepare for the Rising 340B Audits   The 340B Drug Pricing Program was constituted as part of the Veterans Health Care Act of 1992 to allow safety net health care providers, also called as covered entities (CEs), to buy outpatient medicines from drug manufacturers…

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  • 340B Mega Guidance Program to the Pharmacy Industry

    The Significance of the 340B Mega Guidance Program to the Pharmacy Industry   Directed by the US Health Resources and Services Administration (HRSA), the section 340B of the Public Health Service Act (PHSA), which is also known as the “340B Program”, “340B Drug Pricing Program” or “340B Mega Guidance”, proposes…

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  • 340B Drug Pricing Program Oversight

    340B Drug Pricing Program Oversight 340B is a program that provides drugs and other health care facilities at discount prices to certain hospitals from the drug manufacturers. The independent physicians are not entertained by federal law into this program. Only the registered firms can do the same. When the Medicare…

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  • 340B Drug Pricing Program Requirements

    340B Drug Pricing Program Requirements   When the U.S. Congress made the Medicaid Drug Rebate Program in 1990 the purpose was to make drug makers provide rebates to the manufacturers related to their sales to Medicaid beneficiaries who used their medications. This created a problem with another program which already…

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  • 340B Drug Pricing Program

    340B Drug Pricing Program   The 340B Drug Pricing Program is an initiative designed to provide prescription drugs at affordable prices to hospitals and clinics that serve needy patients. The program only covers outpatient drugs; that is, drugs that must be administered in an inpatient setting, such as most intravenous…

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  • 340B Hospital Pricing

    340B Hospital Pricing   The 340B Drug Discount Program is a U.S. Federal Government program that was actually created in 1992 and signed into law in 1993 By President G. W. Bush. This program requires drug makers to provide outpatient drugs to eligible covered entities and health care organizations at…

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  • 340B Drug Pricing Program Medicaid

    340B Drug Pricing Program Medicaid   In 1992 the U.S. government began a program called the 340B Drug Discount Program. This program in effect stipulates that drug manufacturers have to provide outpatient drugs to eligible health care companies or similar organizations at a greatly reduced price. The outcome of this…

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