WASHINGTON, May 12, 2016 /PRNewswire-USNewswire/ --áThe Alliance for Integrity and Reform of 340B (AIR340B) today released
"It is alarming to see such low levels of charity care at 340B hospitals given the intent of the program," said Stephanie Silverman, spokesperson for AIR 340B. "If 340B-participating hospitals are safety-net entities serving vulnerable or uninsured patients, then charity care levels should be significantly higher."
Other key findings from the report, which looked at fiscal year 2014 Medicare cost reports, include:
The report notes one potential reason for the increase in low charity care levels is the Affordable Care Act's expansion of insurance coverage and Medicaid. While more Americans have become insured, the 340B program has not adjusted its eligibility criteria to align with the program's original intent to offer targeted assistance to entities serving as a safety-net for vulnerable or uninsured patients. As a result, more and more hospitals are qualifying for the 340B program due to treating an increasing share of Medicaid patients, yet many 340B hospitals areáproviding dismal levels of charity care to underserved populations.
"340B is a critical program created to ensure our nation's most vulnerable patients get the care they need, but AIR340B is concerned that charity care rates among 340B hospitals are not significantly higher. We need to revise program eligibility criteria to target true safety-net hospitals and do more to keep the program on track, so patient needs supersede hospital profits," Silverman said.á
The Alliance for Integrity and Reform of 340B (AIR 340B) is a coalition of patient advocacy groups, clinical care providers, and biopharmaceutical innovatorsáand distributors dedicated to reforming and strengthening the 340B program to ensure it directly supports access to outpatient prescription medicines for uninsured or vulnerable patients. www.340Breform.org
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/new-report-increasing-number-of-340b-hospitals-provide-minimal-charity-care-300267291.html
SOURCE Alliance for Integrity and Reform of 340B (AIR340B)
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