Today, the Alliance for Integrity and Reform of 340B (AIR340B) released a new report by Health Capital Group that uncovered significant growth in sales within the 340B Drug Pricing Program, including a near 200% increase in hospital participation in the program over the last decade. The question that remains is whether this growth has benefited patients.
“This new report is further evidence that the 340B program has become a lucrative revenue stream for disproportionate share hospitals and their contract pharmacies as a result of lax oversight and dismal transparency requirements. The data, obtained through the Freedom of Information Act, are proof of how difficult it is to ensure the vulnerable and uninsured communities the program is intended to support are benefiting from this exponential growth. At a minimum, greater oversight, transparency, and accountability should be required of these bad stewards of the program so we can ensure 340B is working for patients,” said former Illinois Congressman and AIR340B Spokesman Bob Dold.
Today, the Alliance for Integrity and Reform of 340B (AIR340B) released a new poll conducted by Morning Consult that found a majority of those surveyed agreed the 340B Drug Pricing Program needs fixes to better serve the most vulnerable patients.
“The findings from this new poll are a stark reminder of the work we must do to save the 340B program – most importantly, to support the vulnerable and low-income communities that rely on it to help them access their medications. Through greater transparency, accountability, and oversight of the program, we can get 340B back on track so it fully benefits patients,” said former Illinois Congressman and AIR340B Spokesman Bob Dold.