Blockchain Registration Transaction Record

Hospital CEOs Pocket 340B Funds Meant for Poor Patients

ADAP Advocacy reveals hospital CEOs are using 340B Drug Pricing Program funds for excessive compensation instead of patient care. New infographics show $66B program misuse.

Hospital CEOs Pocket 340B Funds Meant for Poor Patients

This investigation matters because it exposes how a critical healthcare safety net program designed to help low-income patients access medications is being exploited to enrich hospital executives instead. The 340B Drug Pricing Program was created to stretch scarce federal resources further, allowing safety-net hospitals and clinics to provide more comprehensive care to vulnerable populations. When these funds are diverted to executive compensation rather than patient services, it undermines the entire purpose of the program and potentially limits healthcare access for those who need it most. This affects every taxpayer and healthcare consumer, as it represents a misuse of public health resources that could drive up overall healthcare costs while reducing care quality for society's most vulnerable members.

BlockchainDetails
Contract Address0xeA2912a8DA1CD48401b10cB283585874d98098F4
Transaction ID0x69715dd1b3987e0bd290ee73c4605d2bbf08634c9070b4d3967c4ce9c3688c97
Account0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20
Chainpolygon-main
NewsRamp Digital FingerprintzeroOijV-6abdeddf9a0a893b4784eab35e57668f