Today’s guest post comes from Shannon Stephenson, CEO of Cempa Community Care.
I am publishing this opinion piece to share a perspective from a community health provider that is eligible for the 340B Drug Pricing Program as a Ryan White clinic and as a Federally Qualified Health Center Look-Alike. As I noted last week in my September news roundup, I generally consider federal grantees to be the good guys of 340B.
Shannon outlines her view that pharmacy benefit managers (PBMs) have reduced reimbursement to her facilities. This reduces the value of the 340B program to Cempa. It also transfers funds to PBMs and their plan sponsor clients.
Read on for Shannon’s insights on this highly controversial issue.
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