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National Advocacy Campaign Targets 340B Drug Pricing Program Reforms

TL;DR

Reforms to the 340B Drug Pricing Program offer hospitals a chance to increase revenue and improve financial stability.

ADAP Advocacy's 340B Project advocates for reforms to ensure the integrity and transparency of the nation's second largest federally sponsored drug program.

The '340B Too Big To Fail' national advocacy campaign aims to address declining charity, rising healthcare executive compensation, and increasing patient medical debt for a better healthcare system.

ADAP Advocacy's new commercial highlights the need for common-sense reforms in the 340B Drug Pricing Program, drawing parallels to the financial market collapse in 2007-08.

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National Advocacy Campaign Targets 340B Drug Pricing Program Reforms

The AIDS Drug Assistance Programs (ADAP) Advocacy organization has launched a national advocacy campaign targeting reforms in the 340B Drug Pricing Program, beginning with a targeted commercial in the Washington, D.C. metropolitan area. Brandon M. Macsata, CEO of ADAP Advocacy, characterized the campaign as a critical examination of the federal drug program's current structure. The campaign, titled '340B Too Big To Fail', seeks to draw attention to perceived lacks in accountability and transparency, particularly among large hospital systems.

The commercial, which will air while Congress is in session, raises fundamental questions about the program's oversight and potential systemic risks. Macsata compared the current state of the 340B Program to the minimal federal oversight that preceded the 2007-2008 financial market collapse, suggesting potential structural vulnerabilities. This comparison underscores the campaign's central argument that without proper safeguards, the program could face significant challenges that impact patient access to affordable medications.

The advocacy campaign will explore several key issues throughout the year, including hospitals' declining charity care levels, escalating healthcare executive compensation, and the growing burden of patient medical debt. As the nation's second-largest federally sponsored drug program after Medicare Part D, the 340B Program represents a significant target for potential systemic reform. The program's scale makes any vulnerabilities particularly consequential for healthcare affordability and access nationwide.

ADAP Advocacy's campaign is grounded in research and recommendations developed by its 340B Patient Advisory Committee, aiming to provoke meaningful dialogue about healthcare pricing and accessibility. The organization's focus on this program matters because the 340B Program directly affects medication costs for millions of Americans, particularly vulnerable populations who rely on safety-net providers. Reforms could potentially reshape how hospitals purchase discounted drugs and how those savings are passed along to patients.

The campaign's timing during Congressional sessions suggests a strategic effort to influence policy discussions at the federal level. By highlighting specific concerns about transparency and accountability, ADAP Advocacy seeks to address what it views as systemic issues within the program's implementation. The organization's approach reflects growing scrutiny of healthcare pricing mechanisms and their impact on patient outcomes, making this advocacy effort relevant to broader conversations about healthcare reform and prescription drug affordability in the United States.

Curated from 24-7 Press Release

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