340B Drug Program is applicable to hospitals (mixed-use and outpatient clinics) and contract pharmacies.
The 340B Drug Pricing Program, administered by the Office of Pharmacy Affairs, resulted from enactment of Public Law 102-585, the Veterans Health Care Act of 1992, which is codified as Section 340B of the Public Health Service Act.
Section 340B limits the cost of covered outpatient drugs to more than 18,000 eligible entities including ten types of health care providers and programs funded by the Health Resources and Services Administration (HRSA) and hospitals that provide care to high volumes of patients that are either indigent or located in remote areas.
[7] These savings enable participants to provide more direct health care services to underserved populations.
In exchange for such services, the program previously funded grants and loans for new construction and improvements to 6,800 facilities nationwide.
In FY 2008, HRSA monitored 940 projects worth $691 million for health care and health-related facilities to meet their design, construction and equipment needs.
Established by PREP Act,[8] in the case of pandemic, epidemic, or other major security threat requiring a medical countermeasure, the CICP provides compensation to eligible individuals for serious physical injuries or death.