340B’s Charity Care Failures

Hospitals enrolled in the 340B program provide less charity care than other nonprofit hospitals, despite receiving discounted drugs. The 340B program was created to give hospitals that service a large number of low-income patients access to discounted medicine, but it rarely works as intended. Instead of providing critical charity care to low-income patients, 340B hospitals often prioritize profits. A recent report revealed that 340B hospitals spent only 2.16% of their overall budget on providing free or discounted care for low income patients, while other nonprofit hospitals spent 2.82%. Our Health Equity advocates for meaningful reforms to the 340B program that place patients over profits. Read more here.