AHA 340B Advocacy Alliance Webinar: Good

Transcript:AHA 340B Advocacy Alliance Webinar: Good:
AHA 340B Advocacy Alliance Webinar: Good Stewardship Principles Implementation Agenda Permit covered entities “to stretch scarce Federal resources as far as possible, reaching more eligible patients and providing more comprehensive services.” H.R. Rep. No. 102-384(II), at 12 (1992) AHA 340B Stewardship Principles Review Lessons from the Field: University of California Health System Johns Hopkins Medicine Providence St. Joseph Health Questions? AHA 340B Good Stewardship Principles Communicate the Value of the 340B Program Disclose Hospital’s 340B Estimated Savings Continue Rigorous Internal Oversight BE A GOOD STEWARD OF 340B Julie Clements, JD, MPP Director of Health and Clinical Affairs Federal Governmental Relations University of California Health System Julie.Clements@ucdc.edu/(202)-974-6309 Communicate Your 340B Discount’s Value. Convene your Pharmacy Chiefs, 340B administrators, and finance leadership. Document how you utilize the savings accrued from your 340B discount to provide medical services to underserved patients. Emphasize the specific services provided and the vulnerable populations helped. Identify services that could be undermined or eliminated should the scope of the 340B discount be narrowed. Publish your 340B narrative on your hospital website under an area, such as “Serving the Community,” that policymakers and patients can easily access. Calculate Your 340B Savings Adopt the standardized approach, known as the “Savings Calculator,” for calculating your hospitals’ 340B savings. Work with your hospitals’ finance leads to ensure you’re correctly accounting for the dollars your hospitals avoid spending on outpatient drugs on the 340B formulary, as well as the dollars your hospitals receive through contract pharmacy arrangements. Derive a 340B savings number for your hospitals and publish it in the website narrative detailing your hospitals’ unique 340B story. Show 340B Value in Context * Graph represents in millions of $ annual spend on DRUGS VERSUS IN MILLIONS of $ IN ANNUAL 340B BENEFITs. Rigorous, Internal Oversight Convene your pharmacy, compliance, and finance leadership to assess what voluntary steps you can take to implement a dependable framework for assuring 340B compliance. WHAT CAN YOU DO??? Hire an external auditor annually to examine your 340B program, including contracts with software vendors and contract pharmacy arrangement contracts. Sponsor continuing education forums for pharmacy, finance, and compliance personnel on the do’s and don’ts of the 340B program. Inventory and document internally all ways in which 340B benefits are being used to help patients. Evaluate the feasibility of using 340B savings to furnish a drug discount program that will benefit underserved patients who need assistance affording their outpatient