CMS Proposes $9B Pay For 340B Hospitals, 16 Years Of 0.5% OPPS Cuts

By Michelle M. Stein / July 7, 2023 at 7:50 PM
CMS plans to repay 1,600 340B hospitals $9 billion to make up for cuts to 340B drug reimbursements the Supreme Court deemed unlawful, according to a proposed rule released Friday (July 7) -- but the agency also proposed an estimated 16 years of 0.5% cuts to the non-drug aspects of the hospital outpatient pay system starting in 2025 to keep the system budget neutral. The Federation of American Hospitals says CMS’ move to claw back funds from hospitals “runs counter...


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