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
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
