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Supreme Court Overturns Cutbacks in Medicare Prescription Drug Reimbursements
Morris, Manning & Martin, LLP 
June 22, 2022 "Most in the healthcare industry are viewing the Court's Opinion as a victory for 340B hospitals and clinics who saw roughly $1.6 billion in annual cuts to reimbursement rates for prescription drugs after the 2018 rule went into effect. Notably, the Court recognized that 340B hospitals can make profits on the differential between their acquisition cost and the reimbursement rate for Medicare. Though the Court declined to dictate remedies, 340B hospitals may be able to recoup some of the payments that were withheld under the rule." [American Hospital Association v. Becerra, No. 20-1114 (S. Ct. Jun. 15, 2022)] |
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