Executive Resource
340B Compliance for the C-Suite
An interactive guide to understanding and managing your organization's 340B program responsibilities
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340B: What Executives Need to Know
Understanding the fundamentals of the 340B Drug Pricing Program
The 340B Drug Pricing Program provides access to prices on outpatient drugs often up to 50% lower than typical market prices. In order to participate, entities must meet eligibility criteria and agree to comply with program requirements. This program is administered by the Health Resources and Services Administration (HRSA).
Key Program Intent
The 340B Program is an outpatient program that enables covered entities to stretch scarce federal resources as far as possible, reaching more eligible patients and providing more comprehensive services.
Program Benefits
- Significant drug cost savings
- Expanded patient services
- Increased community reach
Program Requirements
- Meet eligibility criteria
- Maintain compliance
- Regular audits and monitoring