Annual reporting rules for 340B covered entities

(a) Beginning on July 1, 2026, and no later than July 1 each year thereafter, each 340B covered entity shall report to the hospital trade association operating in the State the following information regarding the 340B covered entity's use of contract pharmacies in the 340B program: (1) Delineated by form of insurance or third-party payor type, including but not limited to medicaid, medicare, commercial insurance, and uninsured: (A) Aggregated acquisition costs paid for all 340B drugs dispensed at contract pharmacies, including the metric that was used to calculate 340B profits; (B) Aggregated payments received from insurers or third-party payers for all 340B drugs dispensed at a contract pharmacy; and (C) The total number of prescriptions filled with 340B drugs at contract pharmacies; and (2) Total number of contract pharmacies, including the number of contract pharmacies located outside of the State and the states in which out-of-state contract pharmacies are located. (b) An officer of the 340B covered entity shall certify the completeness and accuracy of the report submitted pursuant to subsection (a). (c) The hospital trade association located in the State shall use the information described in subsection (a) to prepare an annual report detailing aggregate information received from all 340B covered entities in the State. No later than October 1, 2027, and each year thereafter, the hospital trade association located in the State shall make the report publicly available, including posting the report on a publicly accessible website.