
Episode #21
340B, Hospital Consolidation, and Where the Money Goes | ft. Brian Reid
Hospitals drive close to a third of all healthcare spending in this country, and today we turn the focus there. My guest is Brian Reid, author of the daily Cost Curve newsletter and a former Bloomberg and Washington Post health policy reporter. We dig into 340B, a drug discount program written as a two-page law in 1992 that now moves more than $100 billion a year, and Brian lays out who really collects the discount and what employers are losing in the process. Then we get into what happens to prices when hospitals buy up independent physician practices, and why he says the best thing you can do is be skeptical of size. Call the Capitol switchboard at 202-224-3121 and tell your members that hospital pricing and 340B are on your ballot. Links: reidstrategic.com/cost-curve Β· costcurve.beehiiv.com Chapters: -Meet Brian Reid and the Cost Curve newsletter -Why the focus turns to hospitals this year -340B in plain English, and the small problem it was written to solve -How a safety-net program grew past $100 billion -Who actually gets the discounted drug -Charity care, nonprofit status, and the missing evidence -Employers eat the duplicate discount -Contract pharmacies and the PBM cut -Why the same scan costs more once a hospital owns your doctor -Be skeptical of size Remember to subscribe to see what's next! And together, #LetsFixHealthcare



