The 340B drug pricing program, managed by the Health Resources and Services Administration, provides discounted prescription drugs to healthcare organizations serving low-income populations. This program, which has been operational for nearly 30 years, also supports free vaccines, medication management services, and community health initiatives. Organizations eligible for the program include hospitals, community health centers, and various specialized treatment centers.

1. The 340B Drug Pricing Program
Travis Leonardi

2. Introduction
A healthcare business technology leader in Lighthouse Point, Florida, Travis
Leonardi serves as CEO of Sentry Data Systems in nearby Deerfield Beach.
One of Travis Leonardi’s areas of expertise is 340B compliance.

3. Under the management of the Health Resources and Services
Administration, the 340B Drug Pricing Program has been helping
hospitals cover the costs of essential medical care and outpatient
prescription drugs for patients from low-income populations for roughly
three decades. The program’s provisions extend to free vaccines and
medication management services. It also funds community health
programs.

4. The 340B Drug Pricing Program operates under the stipulations of
Section 340B of the Public Health Service Act, which requires
pharmaceutical manufacturers that participate in the federal Medicaid
program to sell prescription drugs at discounted prices to healthcare
groups that work with patients who are uninsured or otherwise in
financial need. In addition to hospitals and community health centers, the
340B Drug Pricing Program works with organizations that range from
hemophilia treatment centers to rural referral centers.