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340B in Action

The 340B prescription drug program is a vital lifeline for safety-net providers, supporting critical health services in our communities. The program is narrowly tailored to reach only hospitals that provide a high level of services to low-income individuals or that serve isolated rural communities.

340B by the Numbers:

  • $5.6M Free Care/Financial Assistance for Healthcare – 5,490 Individuals
  • $8.1M Uncollectible Bad Debt for Healthcare – 7,033 Individuals
  • $15.9M Our Approximate Annual 340b Savings
  • $545K Operating Margin in 2020
  • 21.7% Our Inpatient Medicaid Utilization Percentage
  • $21.1M Amount Spent Annually on Drugs
  • $35.0M Unrecovered Medicaid and Uninsured Cost

Chart showing impact of 340B on RRMC

Rutland Regional Medical Center At a Glance

  • Rural, community, acute care hospital in central Vermont providing care to 70,000 patients in a service area of 930 square miles
  • Aging population, 2nd oldest county in Vermont
  • Community leader in Covid-19 testing and vaccination pandemic response
  • Participates in the accountable care organization, OneCare Vermont, for Medicare and Medicaid population
  • Inpatient and outpatient hospital services along with 22 specialty services clinics
  • Patient care includes community based cancer center and expanded women's health services
  • Provides comprehensive inpatient and outpatient mental health services and substance use treatment services
  • Provide comprehensive Financial Assistance Program for healthcare services up to 500% of Poverty Level

Download Rutland Regional's 340B in Action information here>>>

RUTLAND REGIONAL MEDICAL CENTER160 Allen Street, Rutland, VT 05701802.775.7111

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