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Thursday, November 21, 2024

36 West Virginia hospitals participate in federal 340B Drug Pricing Program

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HRSA Administrator Carol Johnson | Health Resources and Services Administration

HRSA Administrator Carol Johnson | Health Resources and Services Administration

There are 36 West Virginia hospitals participating in the federal 340B Drug Pricing Program.

This program is a federal initiative that enables eligible hospitals and healthcare organizations to purchase outpatient medications at significantly discounted prices.

Established in 1992, the program aims to provide financial relief to healthcare providers serving vulnerable populations, allowing them to stretch their scarce resources and reach more eligible patients.

Hospitals participating in the 340B program can use the savings to fund essential services and programs, such as free or low-cost medication assistance, expanded access to healthcare, and community outreach initiatives.

Participating hospitals, however, "often extend their 340B discounts to clinics in well-off communities, where they can charge privately insured patients more than those on Medicaid,” reported the Wall Street Journal.

"In some cases, the program appears to be bolstering profits in well-off areas more than it is underwriting services in less-privileged neighborhoods,” said the Journal article.

U.S. Sen. John Kennedy (R-La.) introduced a bill in 2023 that he said would ensure "that organizations are transparent about how they use resources from” the 340B program.

"The 340B Drug Pricing Program is supposed to help low-income and uninsured Americans afford their medicine, but some are taking advantage of the program at the expense of vulnerable patients,” said Kennedy.

Which West Virginia hospitals participate in the 340B program?

HospitalCity
Appalachian Regional HealthcareBeckley
Berkeley Medical CenterMartinsburg
Boone Memorial HospitalMadison
Braxton County Memorial HospitalGassaway
Broaddus HospitalPhilippi
Cabell Huntington HospitalHuntington
Camden-Clark Memorial HospitalParkersburg
Charleston Area Medical Center (CAMC)Charleston
Community Health AssociationRipley
Davis Medical CenterElkins
Grafton City HospitalGrafton
Grant Memorial HospitalPetersburg
Hampshire Memorial HospitalRomney
Jefferson Medical CenterRanson
Minnie Hamilton Health Care CenterGrantsville
Montgomery General HospitalMontgomery
Pleasant Valley HospitalPoint Pleasant
Pocahontas Memorial HospitalBuckeye
Potomac Valley HospitalKeyser
Preston Memorial HospitalKingwood
Princeton Community HospitalPrinceton
Reynolds Memorial HospitalGlen Dale
Roane General HospitalSpencer
Sistersville General HospitalSistersville
St. Francis HospitalCharleston
St. Joseph’s HospitalBuckhannon
St. Mary’s Medical CenterHuntington
Stonewall Jackson Memorial HospitalWeston
Summers County ARH HospitalHinton
Summersville Regional Medical CenterSummersville
United Hospital CenterBridgeport
War Memorial HospitalBerkeley Springs
Webster Memorial HospitalWebster Springs
Welch Community HospitalWelch
West Virginia University HospitalsMorgantown
Wheeling HospitalWheeling

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