340B Drug Pricing Program. Wholesaler is and must remain for the term of this Contract an Authorized Distributor for the 340B Drug Pricing Program. Wholesaler is required to provide notice in writing to MMCAP, immediately, in the event of a status change. For MMCAP Participating Facilities that are eligible and participating in the 340B Drug Pricing Program, the Wholesaler will maintain two separate purchasing accounts, one for ordering MMCAP Contract Products and one for ordering 340B Drug Pricing Program contract products. Wholesaler is required to have sufficient subject matter expertise available to MMCAP Participating Facilities to support the complex intricacies of this program. Service fee/cost of goods discounts are to be applied to 340B purchases, with 340B purchase volume to be included in the total purchasing volume for the state, as it relates to the service fee/cost of goods discount volume matrix.
340B Drug Pricing Program. The program administered by Health Service Resource Administration (HRSA) that requires drug manufacturers to provide covered outpatient drugs to eligible health care organizations at significantly reduced rates. Eligible organizations must register and be enrolled with the 340B Program and comply with all 340B Program requirements, including requirement contained within this Agreement.
