Foley & Lardner LLP Partner Anil Shankar is quoted in the Modern Healthcare article, “CMS Fix for 240B Supreme Court Ruling Divides Providers,” discussing the potential policy response from the Center for Medicare and Medicaid Services (CMS) to the U.S. Supreme Court ruling that invalidated cuts to 340B payments. The decision highlights the divide between providers that participate in the drug-discount program and those who do not.
The informal proposal was applauded by 340B hospitals for reversing payment cuts, but those who do not use the program have described the plans as irresponsible. Both sides have been following closely for updates given the uncertainty moving forward. Anil emphasized this point, mentioning that while “it is hard to read all the tea leaves…it does seem like CMS is moving towards just consistency among different hospitals.”