fbpx

< Back to Thought Leadership

HRSA Now Allows Accelerated Timelines for Offsite Locations

HRSA has indicated it will allow a hospital to accelerate timelines for its offsite locations to begin participating in the 340B Drug Discount Program.

Previously, offsite locations were required to be reimbursable on a hospital’s most recently filed Medicare cost report and then registered with HRSA before patients seen at the offsite location could be 340B eligible. This new guidance allows hospitals to consider patients at new locations to be 340B eligible before the cost report where the new location is an allowable cost center is officially filed.

The hospital must also ensure the patients seen at the new offsite locations are meeting the 340B patient definitions. And new locations still need to be registered as child-sites with HRSA once the cost report is filed.

As with any 340B guidance change, hospitals should have updated policies and procedures to reflect the time frame of when patients are 340B eligible and to maintain auditable records.

If you would like additional information or further discuss this change in guidance, please reach out to one of our Apexus Certified 340B Experts.

AI preventing cyberattack

How AI Can Help Protect Not-For-Profits From Cyberattacks

By Joel Barnett, Technical Account Executive at Blue Pioneer Consulting and Holly Fields, CPA, Senior Manager at Blue & Co. Not-for-profit organizations handle sensitive data every day, which make them […]

Learn More

How Cryptocurrency Donations Can Transform Not-For-Profit Fundraising

By Doug Sandor, Senior Accountant and Chad Nieter, CPA, Senior Manager at Blue & Co. Cryptocurrency, a digital asset powered by cryptography for enhanced security, has revolutionized modern finance and […]

Learn More
inventory valuation

Navigating Inventory Valuation Amid Market Challenges: Key Insights for Distilleries

By Philip Blakely, CPA, Manager at Blue & Co. Inventory Valuation and Impacts of Idle Capacity The beverage industry is navigating through challenging times, with increased aging barrels in the […]

Learn More