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Monday, November 4, 2024

41 Tennessee 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 41 Tennessee 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 Tennessee hospitals participate in the 340B program?

HospitalCity
Baptist Memorial Hospital - TiptonCovington
Baptist Memorial Hospital MemphisMemphis
Baptist Memorial Hospital Union CityUnion City
Blount Memorial HospitalMaryville
Bristol Regional Medical CenterBristol
Cookeville Regional Medical CenterCookeville
Cumberland Medical CenterCrossville
East Tennessee Children’s HospitalKnoxville
Erlanger Bledsoe HospitalPikeville
Erlanger Medical Center Sweetwater Hospital AssociationChattanooga Sweetwater
Fort Sanders Regional Medical CenterKnoxville
Franklin Woods Community HospitalJohnson City
Greeneville Community HospitalGreeneville
Hancock County HospitalSneedville
Hardin County General HospitalSavannah
Henry County Medical CenterParis
HH Health System - LincolnFayetteville
Hickman Community HospitalCenterville
Holston Valley Hospital & Medical CenterKingsport
Indian Path Community HospitalKingsport
Jackson-Madison County General HospitalJackson
Johnson City Medical CenterJohnson City
Johnson County Community HospitalMountain City
LeConte Medical CenterSevierville
Marshall Medical CenterLewisburg
Maury Regional HospitalColumbia
Methodist Healthcare - Memphis HospitalsMemphis
Metro Nashville General HospitalNashville
Morristown-Hamblen HospitalMorristown
Regional One HealthMemphis
Rhea Medical CenterDayton
River Park HospitalMcminnville
St. Jude Children's Research HospitalMemphis
St. Thomas Rutherford HospitalMurfreesboro
Three Rivers HospitalWaverly
Unity Medical CenterManchester
University Of Tennessee Medical CenterKnoxville
West Tennessee Healthcare Bolivar HospitalBolivar
West Tennessee Healthcare Camden HospitalCamden
West TN Healthcare Dyersburg HospitalDyersburg
West TN Healthcare Volunteer HospitalMartin

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