CHA News Article

AHA Announces Initiative to Strengthen 340B Program

CHA encourages hospitals to participate in a new American Hospital Association initiative that encourages good stewardship of the 340B Drug Pricing Program. The initiative, announced earlier today, aims to strengthen the 340B program by increasing transparency while helping 340B hospitals better communicate the program’s immense value for vulnerable patients and communities. Under the initiative, hospitals are encouraged to:

  • Communicate the program’s value by publishing an annual narrative that describes how the hospital uses program savings to benefit the community.
  • Publicly disclose the hospital’s estimated savings under the program.
  • Continue rigorous internal oversight to ensure the hospital’s program meets Health Resources and Services Administration rules and guidance.

For more information on the 340B program, visit www.aha.org/340b

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