340B Reporting and Accountability Act

2023-04-18

Introduced in Senate

340B Reporting and Accountability Act

This bill requires providers participating in the 340B drug discount program to ensure patients receive covered outpatient drugs at a price that does not exceed the amount the provider paid, minus any additional discounts or rebates the provider receives.

Further, participating providers must report annually information about amounts paid and received for covered outpatient drugs and how any excess revenue was spent.

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