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Medicare Part B Drugs: Action Needed to Reduce Financial Incentives to Prescribe 340B Drugs at Participating Hospitals
James Cosgrove (au)
Approximately 40% of all U.S. hospitals participate in the 340B Drug Pricing Program, and the majority of 340B discounted drugs are sold at hospitals. Medicare reimburses hospitals for Part B drugs under a statutory formula regardless of the prices hospitals paid for the drugs. Stakeholders have questioned the increase in hospital participation in the 340B program, and the implications for Medicare and its beneficiaries, especially regarding cancer care; and whether certain of the programäó»s hospital eligibility criteria target hospitals appropriately. This report (1) compares 340B hospitals with non-340B hospitals in terms of financial and other characteristics; and (2) compares spending for Medicare Part B drugs at 340B hospitals. Tables and figures. This is a print on demand report.
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