Human Resources & Services Administration (HRSA), is an agency under the direction of Department of Health and Human Services (DHHS). It was created to help patients who live in geographic areas where the access to quality of care and the earning potential may be low and/or disenfranchised. Some form of HRSA has been around since 1943, and continues to help patients and clinics in need today.

"Covered Entities" are hospitals and federally qualified health centers (FQHCs), critical access hospitals (CAHs), sole community hospitals (SCHs),  rural referal centers (RRCs), and public and nonprofit disproportionate share hospitals (DSHs) that face scarce local and state funding for the expansion of basic and accelerated programs. 

Manufacturers agree to supply their medications at a large discount so that these participating covered entities can recoup those "savings" and invest them into greater facilities and options for care. 

Sure! Follow this link and see a full list of eligible organizations. 

Most savings are in the 25-30% range and the biggest savings are seen in the brand specialty drugs which carry the highest costs. 

The average hospital participating in 340B will save over $11 million per year. However, rural hospital savings are far lower and range from $1 to $2 million per year, but that's still a considerable amount of savings that can be reinvested into their programs and overhead costs.

Absolutely not!

Out of the $457 billion spent on pharmaceutical drugs every year, 340B only accounts for 2% of that cost.