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what-is-340b – CaptureRx Application
What is 340B?
What is
340B?
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The 340B Drug Pricing Program. What is 340B?
  • The 340B program was enacted by Congress in 1992 as part of the Public Health Service Act
  • The program was designed for Hospitals, Clinics, and Health Centers to stretch scarce federal resources and reach more eligible patients
  • For more information, please visit CaptureRx.com
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Here’s How it Works
  • 340B requires Drug makers participating in Medicare and Medicaid to sell outpatients drugs at a discount to eligible hospitals.
  • The savings from this go toward expanding health services.
  • Allowing entities to treat more patients at a lower cost.
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How Do Entities Become Eligible?
  • Entities are held to a high standard in order to be eligible to receive 340B discounts
    • This includes:
  • Treating a high percentage of low-income patients
  • Or operating in a rural community For more information, please visit CaptureRx.com
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How Does This Help Our Communities?
  • 340B hospitals provide 60% of uncompensated hospital care
  • In Rural America – 340B helps hospitals stay open
  • This access to care strengthens communities and saves lives – against things like chronic illness and epidemics
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