BIG HOSPITAL EXECS SHOULD ANSWER FOR THEIR ACTIONS
Rhode Island hospitals are supposed to help people. Instead, many exploit the federal 340B program to help themselves.
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Why are Rhode Island hospitals receiving 340B discounts while providing a level of charity care less than the national average?
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If the 340B program is meant to help low-income patients, why aren’t you passing those savings directly to them at the pharmacy counter?
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Do you engage debt collectors or legal action against patients who should have qualified for free or discounted care under 340B? How many of these patients are later found eligible for financial assistance?
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As a hospital executive, what is your total annual compensation?
RHODE ISLAND LAWMAKERS: STOP 340B ABUSE.
RHODE ISLAND FAMILIES GO BROKE. BIG HOSPITAL CEOS GET RICH.
Many tax-exempt hospitals provide far less charity care than expected.
Studies exposed that a major Rhode Island hospital is not compliant with the federal Hospital Price Transparency Rule.
Another Rhode Island hospital allows credit reporting, selling patient debt, denying care, and legal action when medical bills are unpaid.
Meanwhile, hospital profits keep flowing – to the top.
Rhode Island’s biggest health system paid its outgoing CEO $6.8 million in their exit package.
Private equity hospitals in Providence bragged about making $4.3 million in 340B profits.
Rhode Island workers, families, and taxpayers pay the price.
In 2023 alone, 340B cost Rhode Island employers an estimated $32 million and taxpayers an estimated $4 million.
THIS IS A TIME TO HOLD BIG HOSPITALS ACCOUNTABLE, NOT REWARD THEM.