Affordable Drugs for Safety-net Providers
The 340B Drug Discount Program is a federal program created by Congress to help provide relief from escalating drug prices to safety-net hospitals and other healthcare providers serving vulnerable patient populations. It requires drug companies to offer discounts of up to 50 percent on many popular outpatient drugs. Safety-net hospitals are hospitals serving a large proportion of poor and underserved populations and can include academic medical centers, children’s hospitals, community hospitals and hospitals serving rural areas. The program makes a meaningful difference in the regions served by participating hospitals and helps ensure patients and communities have access to much-needed care and healthcare services.