340B In Action
340B Good Stewardship Program
PDF version of the following information.
The 340B prescription drug program is a vital lifeline for safety-net providers, supporting critical health services in our communities. The program is narrowly tailored to reach only hospitals that provide a high level of services to low-income individuals or that serve isolated rural communities. Savings from the 340B program help hospitals meet the healthcare needs of underserved patients across the country. The 340B program is an essential part of the safety-net that does not rely on taxpayer dollars.
The 340B Impact in Our Community
Myrtue Medical Center has committed to the 340B Good Stewardship Program. This requires the hospital to communicate the value of the 340B Program and a narrative on how 340B savings benefit their community. We are also required to disclose 340B estimated savings and continue to conduct internal reviews to ensure compliance with the HRSA statute. Our savings from the 340B program have allowed us to provide multiple outpatient specialty services in our rural community as well as assist our patients at the retail level. We also house an oncology infusion center allowing us to provide chemotherapy treatment to vulnerable patients. We offer self-administered drug discounts as well as telehealth services and transportation to medical appointments. We serve an average patient age of 45 years. Our 340B network consists of 6 child sites,1 specialty contract pharmacy, 2 chain contract pharmacies and 2 independent contract pharmacies.
We pride ourselves on being able to offer mental health assistance including emergency assistance to all ages through our Behavioral Health Department. Other specialists we are able to bring to our community include but are not limited to the following:
- Cardiology
- Ear Nose and Throat
- Ophthalmology
- Endocrinology
- Neurology
- Gastroenterology
- Dermatology
- Urology
- Oncology
- Vascular
- Orthopedics
- Pulmonology
We also provide retail assistance to our patients. Uninsured and underinsured patients are able to utilize this benefit to receive help paying for their medications that they otherwise could not afford. We give the patient a card to utilize at the pharmacy that allows the bill to be paid by our facility.
