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In Featured, News by Ged Kenslea
December 21, 2020
The 340B Drug Price Program is under attack by the drug industry and its consultant vendor, Kalderos, as they attempt to brazenly convert the program from a drug discount that manufacturers must provide to nonprofit hospitals and clinics to a rebate program,
setting Kalderos up as the arbiter of who will get the rebate and when
By law, drug manufacturers must provide a discount on drug pricing to covered entities (nonprofit hospitals and clinics) under 340B through an agreement with the government as a condition of Medicaid and Medicare covering their drugs
WASHINGTON (December 21, 2020) AIDS Healthcare Foundation (AHF) sounded the alarm today at reports that drug companies – through their vendor Kalderos – are moving forward with plans to undermine the 340B drug program – to the harm of safety net providers, who are already struggling to maintain services to their populations in the midst of a pandemic (340B