Peter Pitts: Too often, hospitals keep savings on drugs that are supposed to be passed along to patients.
since 2017, it is essential that the program is operating with appropriate oversight to prohibit bad actors from exposing program loopholes to grow their profits. Access to treatments and primary care is critical but must not come at the cost of exploiting Utah patients living in medically underserved communities.
Hospitals across the country have taken advantage of 340B to increase their revenues, while failing to provide commensurate charity care for the communities they were intended to serve. A report from the Center for Medicine in the Public Interest shows thatof private nonprofit hospitals in the 340B program had a fair share deficit, spending less on charity care and community investment than they received in tax breaks. Combined, the fair share deficit of these hospitals was $17 billion.
At a moment of great economic stress for Utahn families, bad actors in the healthcare system are keeping patients from the intended benefits of federal safety net programs, including 340B, while keeping profits for themselves. Utah hospitals, PBMs, and pharmacies must be held accountable for their use of these programs to ensure that the state’s most vulnerable communities are receiving the care they are entitled to.is a former associate commissioner of the U.S.
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