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AHA launches 340B hospital transparency effort
Modern Healthcare: The American Hospital Association has launched a new effort it hopes will bring more transparency to the 340B drug discount program.
Under the so-called 340B stewardship principle initiative, the trade association plans to encourage hospitals to release information on their 340B savings and what they usually do with that money.
The move comes as lawmakers have been pushing for additional oversight of the program and the CMS has been cutting reimbursement for hospitals using the discount.
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