October 2019

Sectyr's CEO, Scott Ponaman attends Community Voices for 340B Opinion Leaders Forum

Community Voices for 340B Opinion Leaders Forum

This past Friday, I had the opportunity to attend the Community Voices for 340B (CV340B) Opinion Leaders Forum in Fort Worth, Texas. For those unfamiliar with the 340B Drug Pricing Program, it is a government program that requires drug manufacturers to provide discounted drugs to participating hospitals and clinics (referred to as covered entities) at no cost to taxpayers. Because the covered entities save money on drug purchases, the 340B Program is often diminished to a “drug discount program.” This limited understanding of the 340B Program fails to consider the ways in which covered entities use their respective savings to benefit their communities. When the 340B Program was created in 1992 by the Veterans Health Care Act, it stated that the program’s intent is to “enable covered entities to stretch scarce federal resources as far as… Read More »Community Voices for 340B Opinion Leaders Forum