EVALUATION OF DRUG PRICE TRENDING IN THE FEDERAL 340B DRUG DISCOUNT PROGRAM
Author(s)
Lee C1, McCombs J1, Stone B2, Chang J2
1University of Southern California, Los Angeles, CA, USA, 2PharMedQuest Pharmacy Services, Brea, CA, USA
OBJECTIVES: The Federal 340B drug discount program provides access to significant drug price discounts for healthcare organizations serving disadvantaged patients. Currently there are no published studies documenting pricing trends in the 340B program. In this project, we analyzed drug price trends in the 340B program over a 10-year period. METHODS: Pharmacy purchase records were collected from a 340B-contracted pharmacy system in Los Angeles between 2006 and 2016.Data, including 340B drug price and average-whole-sale price (AWP) were analyzed chronologically to display the price change. Annual average prices were weighted by purchase volume in each year. The results were categorized by American Hospital Formulary Service (AHFS) Therapeutic Classification. All dollar values were reported in 2016 terms. RESULTS:
Conference/Value in Health Info
2017-05, ISPOR 2017, Boston, MA, USA
Value in Health, Vol. 20, No. 5 (May 2017)
Code
PCN214
Topic
Health Policy & Regulatory
Topic Subcategory
Pricing Policy & Schemes
Disease
Multiple Diseases, Oncology
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