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Sunday, November 24, 2024

44 South Dakota 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 44 South Dakota 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 South Dakota hospitals participate in the 340B program?

HospitalCity
Avera De Smet Memorial HospitalDe Smet
Avera Dells Area HospitalDell Rapids
Avera Flandreau HospitalFlandreau
Avera Gregory HospitalGregory
Avera Hand County Memorial HospitalMiller
Avera McKennanSioux Falls
Avera Missouri River Health CenterGettysburg
Avera Queen of PeaceMitchell
Avera Sacred Heart HospitalYankton
Avera St. Benedict Health CenterParkston
Avera St. Mary'sPierre
Avera Weskota Memorial Medical CenterWessington Springs
Bennett County HospitalMartin
Bowdle HospitalBowdle
Community Memorial HospitalBurke
Community Memorial HospitalRedfield
Coteau Des Prairies HospitalSisseton
Douglas County Memorial HospitalArmour
Eureka Community Health ServicesEureka
Fall River Health ServicesHot Springs
Faulkton Area Medical CenterFaulkton
Freeman Regional Health ServicesFreeman
Hans P Peterson Memorial HospitalPhilip
Huron Regional Medical CenterHuron
Landmann-Jungman Memorial HospitalScotland
Madison Community HospitalMadison
Marshall County Memorial HospitalBritton
Milbank Area Hospital AveraMilbank
Mobridge Regional HospitalMobridge
Monument Health Custer HospitalCuster
Monument Health Lead-Deadwood HospitalDeadwood
Monument Health Rapid City HospitalRapid City
Monument Health Spearfish HospitalSpearfish
Monument Health Sturgis HospitalSturgis
Pioneer Memorial Hospital & Health ServicesViborg
Platte Community Memorial HospitalPlatte
Sanford Canton-Inwood Medical CenterCanton
Sanford Chamberlain Medical CenterChamberlain
Sanford Hospital WebsterWebster
Sanford Medical Center Clear LakeClear Lake
Sanford USD Medical CenterSioux Falls
Sanford Vermillion Medical CenterVermillion
St. Michael's HospitalTyndall
Wagner Community Memorial HospitalWagner
Winner Regional Healthcare CenterWinner

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