CMS has released a proposal to cut Part B reimbursement to 340B entities. In the notice of proposed rule making of Hospital Outpatient Prospective Payment System (OPPS), CMS is proposing cutting Part B reimbursement to 340B covered entities. The proposed payment reduction to hospitals is average sales price (ASP) less 22.5% for drugs purchased through the 340B program. Hospitals are currently reimbursed at ASP plus 6 percent. That's a 28.5% cut to reimbursement to the already vulnerable safety net hospitals. 340B Health, which represents 340B hospitals and health systems, released a statement strongly urging the Trump Administration to leave this out of the final rule, due later this year.