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Committee hears experts on 340B program growth and transparency as lawmakers consider oversight bill

5839859 · March 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Witnesses told the committee that the 340B drug-pricing program has grown dramatically, with hospitals and contract pharmacies increasingly positioned to benefit; committee members signaled interest in transparency measures and further technical work.

Late in the Feb. 16 session the committee heard expert testimony on 340B, a federal drug-pricing program that gives covered hospitals and clinics access to discounted drug prices. William Smith, a researcher who studies 340B, summarized program changes: participation has grown from under 3,000 covered entities in earlier years to more than 14,000 hospitals and clinics and tens of thousands of…

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