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Healthy Outcomes: Navigating the 340B Drug Pricing Program for healthcare providers
A conversation with Sherri Faber, president and CEO of 340B Compliance Partners
Aug. 8, 2023 · Authored by Mark J. Ross
On this episode of Healthy Outcomes, our host Mark Ross interviews Sherri Faber, president and CEO of 340B Compliance Partners. Together, they discuss the 340B Drug Pricing Program (340B Program), a federal government program created in 1992 that requires pharmaceutical manufacturers to provide outpatient pharmaceuticals to eligible healthcare providers and covered entities at discounted prices.
Topics of discussion include:
- History of the 340B Program
- Financial benefits for eligible healthcare providers participating in the 340B Program, specifically through cost savings and contract pharmacy arrangements
- Compliance requirements to participate in the 340B Program
- Regulatory oversight and monitoring of the 340B Program
- Strategies adopted by healthcare providers related to the 340B Program
- Future outlook of the 340B Program
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