The Detroit News is examining how Michigan hospitals could be exploiting patients, and state lawakers do not seem to have any intention of fixing the program.
Lisa Grabert is researching how the 340B Drug Pricing Program from 1992 was originally intended to allow hospitals to purchase medicines directly from drug companies at a discount to reinvest the money in patient care. However, it’s been discovered that instead of using the money to reinvest, hospitals are investing this money on Wall Street rather than back into their community. Congress is thinking about expanding this program instead of fixing it to ensure it’s actually helping underprivileged Michiganders.
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