Name: 26 Maryland hospitals participate in federal 340B Drug Pricing Program
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26 Maryland 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 26 Maryland 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 Maryland hospitals participate in the 340B program?
            HospitalCityAdventist HealthCare White Oak Medical CenterSilver SpringFranklin Square HospitalBaltimoreGarrett Regional Medical CenterOaklandGood Samaritan HospitalBaltimoreHarbor HospitalBaltimoreHoly Cross Germantown HospitalGermantownHoly Cross HospitalSilver SpringJames Lawrence Kernan HospitalBaltimoreJohns Hopkins Bayview Medical CenterBaltimoreJohns Hopkins HospitalBaltimoreMaryland General HospitalBaltimoreMedstar Southern Maryland Hospital CenterClintonMemorial EastonEastonMercy Medical CenterBaltimoreMeritus Medical CenterHagerstownNorthwest Hospital CenterRandallstownShady Grove Adventist HospitalRockvilleSinai Hospital of BaltimoreBaltimoreSt. Agnes HospitalBaltimoreSt. Mary’s HospitalLeonardtownTidalHealth Peninsula RegionalSalisburyUnion Hospital of Cecil CountyElktonUnion Memorial HospitalBaltimoreUniversity of Maryland Capital Region Medical CenterUpper MarlboroUniversity Of Maryland Medical CenterBaltimoreUPMC Western MarylandCumberland

HRSA Administrator Carol Johnson | Health Resources and Services Administration
            HRSA Administrator Carol Johnson | Health Resources and Services Administration
        
        
        
            
            There are 26 Maryland 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...

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26 Maryland hospitals participate in federal 340B Drug Pricing Program

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