If you are a 340B covered entity (CE), you are aware of the seemingly sudden scrutiny the 340B program has fallen under. Despite the program’s 25+ year track record of expanding patient access to healthcare services, some policymakers and interest groups want to scale back the 340B program or significantly reduce its benefits to safety-net hospitals and their communities. In 2017, we saw two legislative hearings focused on 340B and already in this Congress, we have seen two new pieces of legislation introduced to stop the program from expanding and significantly increase reporting requirements for covered entities.
There is a lot of spotlight on the program and how covered entities are using their program savings. That is why it is crucial for 340B CEs to bolster their 340B advocacy efforts in their communities and to their policymakers. One of the easiest ways for CEs to launch their 340B advocacy efforts is by developing an impact story. An impact story is a tool to help you describe your role as a safety net hospital and the impact the 340B program has on meeting your caregiving mission. Once an impact story is created, it can easily be shared within your organization, your community, and with your representatives in Washington DC.
Below are some tips to help you start crafting your story:
Your advocacy matters. Without it, your 340B program and your patients are at risk.
As a tool to help you develop your impact story, PSG has created an impact story template. Download it here.