N.C. State Treasurer Folwell Releases Report Finding North Carolina 340B Hospitals Overcharged State Employees for Cancer Drugs, Reaped Thousands of Dollars in Profits Per Claim
May 09, 2024
May 09, 2024
RALEIGH, North Carolina, May 9 (TNSres) -- The North Carolina State Treasurer issued the following news release on May 8, 2024:
North Carolina State Treasurer Dale R. Folwell, CPA, released a report today finding that 340B hospitals billed state employees an average price markup of 5.4 times their discounted acquisition costs for oncology drugs. Hospitals generated average spread profits as high as $13,617 per claim on cancer drugs paid for by the North Carolina State Health Plan fo . . .
North Carolina State Treasurer Dale R. Folwell, CPA, released a report today finding that 340B hospitals billed state employees an average price markup of 5.4 times their discounted acquisition costs for oncology drugs. Hospitals generated average spread profits as high as $13,617 per claim on cancer drugs paid for by the North Carolina State Health Plan fo . . .