ASHP Disappointed in MedPAC Recommendation to Congress on 340B
ASHP announced today that it is extremely disappointed in the recommendation to Congress by the Medicare Payment Advisory Commission (MedPAC) to cut Medicare payments to safety net hospitals by 10 percent for drugs purchased under the 340B drug discount program. “ASHP is disappointed that MedPAC did not assess the negative impact this recommendation could have on the sickest and most vulnerable patients that are served by our nation’s safety net hospitals,” said Kasey K. Thompson, Pharm.D., M.S., M.B.A., ASHP vice president of policy, planning and communications. Although the recommendation is nonbinding, ASHP is concerned that the proposed reduction in Medicare payments will negatively impact hospitals’ ability to provide care to uninsured and underinsured patients. MedPAC voted in favor of the recommendation to Congress as a cost-saving measure for the Medicare program. MedPAC is a nonpartisan legislative branch agency that provides Congress with analysis and policy advice on the Medicare program.
ASHP Health-System Pharmacy Press Releases and Announcements
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