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Maryland State Wire

Friday, November 22, 2024

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?

HospitalCity
Adventist HealthCare White Oak Medical CenterSilver Spring
Franklin Square HospitalBaltimore
Garrett Regional Medical CenterOakland
Good Samaritan HospitalBaltimore
Harbor HospitalBaltimore
Holy Cross Germantown HospitalGermantown
Holy Cross HospitalSilver Spring
James Lawrence Kernan HospitalBaltimore
Johns Hopkins Bayview Medical CenterBaltimore
Johns Hopkins HospitalBaltimore
Maryland General HospitalBaltimore
Medstar Southern Maryland Hospital CenterClinton
Memorial EastonEaston
Mercy Medical CenterBaltimore
Meritus Medical CenterHagerstown
Northwest Hospital CenterRandallstown
Shady Grove Adventist HospitalRockville
Sinai Hospital of BaltimoreBaltimore
St. Agnes HospitalBaltimore
St. Mary’s HospitalLeonardtown
TidalHealth Peninsula RegionalSalisbury
Union Hospital of Cecil CountyElkton
Union Memorial HospitalBaltimore
University of Maryland Capital Region Medical CenterUpper Marlboro
University Of Maryland Medical CenterBaltimore
UPMC Western MarylandCumberland

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