At the annual meeting of 340B Health, a trade body representing hospitals participating in the 340B scheme, Health Secretary Alex Azar promised greater oversight in an effort to reign in costs.
He said: "By one estimate, discounted purchases under 340B totaled $16 billion in 2016 - a fourfold increase just since 2009. Government programs can grow pretty fast, but they usually don't grow that fast."
He added: "This growth has occurred without any increase in statutory oversight. HHS works hard within the powers we have to oversee the program. But a comprehensive system for reporting on the distribution and use of the program's benefits does not exist.”
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