In Michigan, hospitals taking part in the 340B federal drug discount program are making more money while providing less charity care and more into financial assets instead of passing savings on to patients, says Dr. Lisa Grabert from Marquette University. #healthcare #340bprogram #news

340B programs demand precision, not guesswork. Can it be a powerful program for pharmacies? Absolutely...but only if it’s accounted for correctly. Unlike traditional pharmacy operations, 340B accounting is different. Some of the common issues we see far too often are: ❌ Inaccurate or incomplete 340B accounting ❌ No clear monitoring of program profitability ❌ Lack of reconciliation with the covered entity And the consequences can be severe six-figure to multi-million dollar liabilities. These are

Illinois faith leaders challenge hospitals over 340B drug program