Every Patient Counts – A Focus on Patient Acquisition
A recent study published in the Journal of the American Medical Association (JAMA) looks at the impact of federal programs for hospitals participating in the 340B Drug Discount Program, and the results are significant. As recently as 2016, participating hospitals received over $3.7 billion for the administration of drugs, resulting in 50% profit of $1.9 billion. These numbers accounted for 0.3% of operating budgets and almost 10% of uncompensated care costs.$3.7 billion is a very large number.