CMS Proposes Cuts To Hospitals' Reimbursement For 340B Drugs

CMS on Thursday (July 13) proposed significantly cutting hospitals' reimbursement for drugs purchased through the 340B discount program. The White House touted the proposal as a step to fulfilling President Donald Trump's promise to go after high drug prices, even though Trump has previously said drug companies were the ones "getting away with murder." The 2018 hospital outpatient proposed pay rule would cut hospital pay for drugs purchased through 340B from Average Sales Price, plus 6 percent, to ASP, minus...