340B in Action


The 340B prescription drug program is a vital lifeline for safety-net providers, supporting critical health services in our communities. The program is narrowly tailored to reach only hospitals that provide a high level of services to low-income individuals or that serve isolated rural communities. Savings from the 340B program help hospitals meet the healthcare needs of underserved patients across the country. Congress should preserve and protect the 340B program as an essential part of the safety-net that does not rely on taxpayer dollars.
 

340B Impact at HSHS St. Francis Hospital

As a safety net hospital, HSHS St. Francis Hospital provides health care for individuals regardless of their insurance status or ability to pay. Safety net hospitals serve a higher number of uninsured, Medicaid, Medicare, Children's Health Insurance Program (CHIP), low-income, and other vulnerable populations than their non-safety net hospital counterparts. St. Francis Hospital is also a critical access hospital, a federal designation created to help reduce the financial vulnerability of small rural hospitals located more than 35 miles from another hospital.

In FY2018, St. Francis Hospital realized a $188K savings through 340B, which was primarily used to support the hospital's cancer center's provision of comprehensive cancer care, chemotherapy, and non-oncology infusion services, as well as to offset uncompensated care provided to improve the health of the community.

St. Francis Hospital is committed to providing medically necessary care by offering financial assistance for co-pays, deductibles, or medical services for low-income individuals who quality, which totaled $539K in FY2018. The hospital provided community benefit health improvement services for the poor totaling $156K in FY2018; services included a food pantry to address food insecurity in Montgomery County, a local farmers market, a dental voucher program, and free transportation for dental exams.
 

340B numbers for FY2018

  • $188,000: Approximate 340B savings last year
  • $539,000: Financial assistance (charity care) at cost
  • $1.8 million: Amount spent on drugs annually
  • $1.6 million: Unpaid cost of Medicaid and other public programs
  • $156,000: Community benefit health improvement services for the poor