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Centennial State News

Saturday, May 4, 2024

63 Colorado hospitals participate in federal 340B Drug Pricing Program

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HRSA Administrator Carol Johnson | Health Resources and Services Administration

HRSA Administrator Carol Johnson | Health Resources and Services Administration

There are 63 Colorado hospitals participating in the federal 340B Drug Pricing Program.

This program is a federal initiative that enables eligible hospitals and healthcare organizations to purchase outpatient medications at significantly discounted prices.

Established in 1992, the program aims to provide financial relief to healthcare providers serving vulnerable populations, allowing them to stretch their scarce resources and reach more eligible patients.

Hospitals participating in the 340B program can use the savings to fund essential services and programs, such as free or low-cost medication assistance, expanded access to healthcare, and community outreach initiatives.

Participating hospitals, however, "often extend their 340B discounts to clinics in well-off communities, where they can charge privately insured patients more than those on Medicaid,” reported the Wall Street Journal.

"In some cases, the program appears to be bolstering profits in well-off areas more than it is underwriting services in less-privileged neighborhoods,” said the Journal article.

U.S. Sen. John Kennedy (R-La.) introduced a bill in 2023 that he said would ensure "that organizations are transparent about how they use resources from” the 340B program.

"The 340B Drug Pricing Program is supposed to help low-income and uninsured Americans afford their medicine, but some are taking advantage of the program at the expense of vulnerable patients,” said Kennedy.

Which Colorado hospitals participate in the 340B program?

HospitalCity
Arkansas Valley Regional Medical CenterLa Junta
Aspen Valley Hospital DistrictAspen
Banner Fort Collins Medical CenterFort Collins
Centura Avista Adventist HospitalLouisville
Centura Longmont United HospitalLongmont
Centura Mercy HospitalDurango
Centura Porter Adventist HospitalDenver
Centura St. Anthony North HospitalWestminster
Centura St. Elizabeth HospitalFort Morgan
Centura St. Mary-Corwin HospitalPueblo
Centura St. Thomas More HospitalCanon City
Chco-Colorado SpringsColorado Springs
Children's Hospital ColoradoAurora
Community HospitalGrand Junction
Delta HealthDelta
Denver Health Medical CenterDenver
East Morgan County HospitalBrush
Estes Park HealthEstes Park
Family Health West HospitalFruita
Grand River Hospital DistrictRifle
Gunnison Valley HospitalGunnison
Haxtun Hospital DistrictHaxtun
Heart Of the Rockies Regional Medical CenterSalida
Keefe Memorial HospitalCheyenne Wells
Kit Carson County Memorial HospitalBurlington
Kremmling Memorial Hospital DistrictKremmling
Lincoln Community HospitalHugo
Lutheran Medical CenterWheat Ridge
Melissa Memorial HospitalHolyoke
Memorial Health SystemColorado Springs
Montrose Memorial HospitalMontrose
National Jewish Medical and Research CenterDenver
North Colorado Medical CenterGreeley
Parkview Medical CenterPueblo
Penrose/St. Francis HealthcareColorado Springs
Pikes Peak Regional HospitalWoodland Park
Pioneers Medical CenterMeeker
Platte Valley Medical CenterBrighton
Poudre Valley HospitalFt. Collins
Prowers Medical CenterLamar
Rangely Hospital DistrictRangely
Rio Grande HospitalDel Norte
San Luis Valley Regional Medical CenterAlamosa
Sedgwick County Hospital & Nursing HomeJulesburg
Southeast Colorado HospitalSpringfield
Southwest Memorial HospitalCortez
Spanish Peaks Regional Health CenterWalsenburg
St. Anthony HospitalLakewood
St. Anthony Summit Medical CenterFrisco
St. Joseph HospitalDenver
St. Mary's Hospital & Medical CenterGrand Junction
Sterling Regional MedCenterSterling
The Memorial HospitalCraig
Trinidad Area Health AssociationTrinidad
UCHealth Broomfield HospitalBroomfield
UCHealth Greeley HospitalGreeley
University Of Colorado HospitalAurora
Upper San Juan Health Service DistrictPagosa Springs
Valley View Hospital AssociationGlenwood Springs
Weisbrod Memorial HospitalEads
Wray Community District HospitalWray
Yampa Valley Medical CenterSteamboat Springs
Yuma District HospitalYuma

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