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Fannin County approves MOU with Blue Ridge Medical Center to enable 340B drug-discount participation
Summary
The board approved a memorandum of understanding to allow Blue Ridge Medical Center to participate in the federal 340B drug-discount program; the county will be a local government partner and the hospital must coordinate with a 501(c)(3) nonprofit as required by program rules.
Chair summarized a memorandum of understanding (MOU) between Fannin County and Blue Ridge Medical Center that would enable the hospital to participate in the 340B drug-discount program under section 340B of the Public Health Service Act.
"Basically, the hospital desires to participate in the drug discount program established under section 340b of Public Health Service Act," the chair said, explaining that hospitals must enter an agreement with a unit of government under program rules and often have a nonprofit partner. The chair noted the county's role would be as a sponsor or governmental partner to enable the hospital's participation.
The chair moved to approve the MOU; the motion was seconded and approved by voice vote. The transcript records the board's approval and that one of the 340B program requirements is a relationship with a government entity and a 501(c)(3) nonprofit. The transcript does not show the text of the nonprofit partner agreement or details of any oversight conditions embedded in the MOU.
