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2023 SESSION

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HB 2472 340B Covered Entity Commitment to Good Stewardship Principles Annual Report; definition.

Introduced by: Kathy K.L. Tran | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

340B Covered Entity Commitment to Good Stewardship Principles Annual Report; definition of covered entity; report. Directs a nonprofit organization, as defined in relevant law, to create a standardized reporting form that requires each covered each hospital described in § 340B(a)(4) of the federal Public Health to disclose certain information about its 340B Drug Pricing Program savings and the use of such savings. Under the bill, each hospital that participates in the 340B Drug Pricing Program shall submit such form, to be known as the 340B Covered Entity Commitment to Good Stewardship Principles Annual Report, to the nonprofit organization annually by February 1 for the previous calendar year. The bill directs the nonprofit organization to post such annual reports on its website.


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