A Hospital CEO’s Advice for 340B Professionals

340B helps health systems and hospitals stretch their resources and provide more services to patients in need. This makes 340B important to a hospital or health system leadership team’s ability to plan how it will deliver care. In this episode, we speak with Matthew Perry, president and CEO of Genesis Healthcare System in Zanesville, Ohio. Matt shares his perspective about 340B and how 340B professionals can best engage with their hospital CEO. Prior to the interview, we share findings from a new 340B Health report about the effects of drug company 340B contract pharmacy restrictions on patient care. Economic ChallengesMany hospital CEOs face economic challenges in their organization. Matt shares the value that 340B leaders provide to help hospitals have the resources they need to meet their patient care mission. How to Engage Hospital CEOs in 340B Operations and Advocacy Matt provides best practices for how 340B professionals can best educate the CEO about 340B to help the CEO strategize how to use 340B savings to grow and sustain services for patients in need. He also discusses why 340B hospital CEOs should become engaged in program advocacy. Connecting 340B Professionals to the C-suite Matt describes how he and his leadership team support 340B program leadership and established an organizational structure for communication with the health system’s 340B program leader. He also shares advice for 340B professionals who are interested in a health system C-suite career path. Check out all of our episodes on the 340B Insight podcast website. You also can stay updated on all 340B Health news and information by visiting our homepage. If you have any questions you would like us to cover in this podcast, email us at [email protected] 340B Health March 2023 Report on Drug Company 340B Contract Pharmacy Restrictions Joint Statement from National Hospital and Pharmacist Associations on PhRMA-led Proposal to Restrict 340B EligibilityMatt Perry Op-ed about 340B Providing Stability for Hospitals Amid the COVID-19 Pandemic