340B Health
340B Health is a 501(c)(6) nonprofit membership association representing more than 1,600 U.S. safety-net hospitals and health systems participating in the federal 340B drug pricing program, providing advocacy, regulatory guidance, peer community, and educational services.
- Company typePrivate
- Founded2010
- HeadquartersWashington, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What 340B Health does
340B Health is a 501(c)(6) nonprofit membership association founded in 2010 and headquartered in Washington, D.C., representing more than 1,600 public and private nonprofit hospitals and health systems that participate in the federal 340B drug pricing program — an $81 billion federal program that allows safety-net providers to purchase outpatient drugs at discounted prices. The organization serves as the primary advocacy voice for these hospitals before Congress, the Health Resources and Services Administration (HRSA), and other federal agencies, actively defending the program against manufacturer restrictions on contract pharmacy arrangements and proposed structural reforms such as shifts from upfront discounts to rebate models. Its core product is annual membership, supplemented by a portfolio of member-facing services including The Exchange (an online community platform connecting over 9,000 340B professionals), the 340B Informed podcast and news blog, twice-yearly national conferences and regional roundtables, compliance and regulatory guidance, the 340B Employed career center, and a corporate partner directory of more than 47 companies offering 340B compliance, pharmacy, consulting, distribution, and legal services. Revenue is generated primarily through recurring annual membership dues from member hospitals, supplemented by corporate partner sponsorship, conference registration fees, and advertising within The Exchange community platform.
340B Health firmographics
Firmographics- Name
- 340B Health
- Legal name
- 340B Health, Inc.
- Website
- https://340bhealth.org
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- 340B Health is a 501(c)(6) nonprofit membership association representing more than 1,600 U.S. safety-net hospitals and health systems participating in the federal 340B drug pricing program, providing advocacy, regulatory guidance, peer community, and educational services.
- Ownership category
- akta.pro rank
340B Health industry classification
Industry- Product category
- Healthcare Advocacy and Membership Services
- NAICS
- Professional Organizations (81392), Religious, Grantmaking, Civic, Professional, and Similar Organizations (813)
- SIC
- Services-Health Services (8000), Services-Hospitals (8060)
- akta.pro primary industry
- 340B Program Administration & Support (HLAEAKAJ)
Keywords
Where 340B Health is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
340B Health business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Membership Dues: 340B Health generates revenue through membership dues from hospitals and health systems that participate in the 340B drug pricing program. The organization represents over 1,600 member hospitals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Hospital and Health System Membership |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
340B Health product offering
Product offeringCore offering
340B Health is a 501(c)(6) nonprofit membership association that represents more than 1,600 public and private nonprofit hospitals and health systems participating in the federal 340B drug pricing program. The organization delivers advocacy before Congress and federal agencies, compliance guidance, educational programming, peer networking through its Exchange community, and events to help safety-net hospitals protect and optimize their 340B savings. Membership dues fund the organization's operations, with members gaining access to advocacy, resources, and community across the 340B ecosystem.
Product overview
340B Health is a nonprofit membership organization serving over 1,600 hospitals and health systems participating in the 340B drug pricing program. Rather than a single product, the organization offers a portfolio of membership services including advocacy support, an online community platform (The Exchange), educational podcasts and conferences, a career center (340B Employed), and a news blog (340B Informed). These services are designed to help safety-net hospitals navigate, comply with, and advocate for the 340B drug discount program.
Differentiator
Problem solved
Functional benefit
Brands
- The Exchange: Online community platform for 340B Health members to connect and discuss topics
- 340B Informed
- 340B Employed
Products and services
- 340B Health Membership Nonprofit membership organization representing over 1,600 public and private nonprofit hospitals and health systems participating in the federal 340B drug pricing program; provides advocacy, regulatory guidance, compliance support, education, and networking resources to safety-net hospital members.
- The Exchange Online community platform connecting over 9,000 340B colleagues for discussion, information sharing, and peer networking on 340B topics relevant to hospital 340B program operations.
- 340B Health Podcast (340B Informed) Podcast providing timely news updates and discussion around the 340B drug pricing program for members and the broader 340B community.
- 340B Health Conferences (340B Coalition Conferences and Regional Roundtables) Twice-yearly national conferences and regional roundtables covering 340B program developments, best practices, and compliance strategies for member hospitals and 340B professionals.
- 340B Employed Career Center Career resource center for professionals in 340B roles within hospitals, corporations, pharmacies, and other healthcare entities, including job postings, resume writing, career coaching, and reference checking services.
- 340B Informed Blog Blog providing news and commentary about 340B program developments, regulatory changes, and industry updates for members and the public.
- Corporate Partner Directory Curated directory of corporate partners offering 340B-related services across compliance/audit, consulting, contract pharmacy, distribution, IT, inventory management, pharmacy services, and reimbursement services for member hospitals.
Companies that use 340B Health
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
340B Health technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
340B Health partnerships and signals
Strategic signalPartnerships
49 partnerships are on record, tiered core and minor.
- The Craneware GroupcoreCorporate partner providing 340B compliance and optimization solutions to member hospitals.
- Macro HelixcoreCorporate partner offering 340B technology solutions and consulting services.
- Verity SolutionscoreCorporate partner providing 340B compliance and optimization solutions.
- NuvemRxcoreCorporate partner offering 340B pharmacy solutions.
- WellpartnercoreCorporate partner providing pharmacy benefit management and 340B services.
- Huron Consulting GroupcorePinnacle partner providing healthcare consulting services including 340B program optimization and compliance.
- CompassRxcoreCorporate partner offering 340B pharmacy management solutions.
- PharmaForcecoreCorporate partner providing 340B contract pharmacy services.
- PlenfulcoreCorporate partner offering pharmacy workflow automation solutions.
- Omnicell 340BcoreCorporate partner providing pharmacy automation and 340B solutions.
- CPS Solutions, LLCcorePinnacle partner offering pharmacy management and 340B services.
- Optum Specialty PharmacycoreCorporate partner providing specialty pharmacy services.
- Pillr HealthminorCorporate partner offering pharmacy technology solutions.
- VytlOneminorCorporate partner offering pharmacy solutions.
- SunRxcoreCorporate partner providing 340B pharmacy management services.
- CerveycoreCorporate partner offering 340B pharmacy services.
- Clearway HealthcoreCorporate partner providing specialty pharmacy and 340B services.
- SpendMendcoreCorporate partner offering 340B audit and compliance services.
- 340BDirectcoreCorporate partner providing 340B technology solutions.
- CencoracoreCorporate partner (formerly AmerisourceBergen) providing pharmaceutical distribution and 340B services.
- SCL 340B CAREcoreCorporate partner offering 340B consulting services.
- R1 RCMcoreCorporate partner providing revenue cycle management and 340B services.
- VisantecoreCorporate partner providing 340B consulting and pharmacy services.
- WalmartcoreCorporate partner providing retail pharmacy and 340B contract pharmacy services.
- BioPlus Specialty PharmacycoreCorporate partner providing specialty pharmacy services.
- Cardinal HealthcoreCorporate partner providing pharmaceutical distribution and 340B services.
- RxPreferred BenefitsminorCorporate partner offering pharmacy benefit services.
- Curant HealthcoreCorporate partner providing specialty pharmacy and 340B services.
- VizientcoreCorporate partner providing healthcare performance improvement and 340B services.
- ScriptProcoreCorporate partner providing pharmacy dispensing systems and technology.
- Shields Health SolutionscoreCorporate partner providing specialty pharmacy and 340B services for health system pharmacies.
- PDMIcoreCorporate partner providing pharmacy management services.
- Avita PharmacycoreCorporate partner providing specialty and retail pharmacy services.
- CompleteRxcoreCorporate partner providing hospital pharmacy management services.
- FORVIScoreCorporate partner (formerly BKD) providing consulting and audit services.
- Bass, Berry & SimscoreCorporate partner providing healthcare legal services.
- Powers Pyles Sutter & VervillecoreCorporate partner providing healthcare legal and compliance services.
- Onco360coreCorporate partner providing oncology pharmacy services.
- Evernorth Health ServicescoreCorporate partner providing pharmacy benefit management services.
- Alinea GroupminorCorporate partner offering healthcare consulting services.
- Advis, Inc.minorCorporate partner offering advisory services.
- 340B Compliance PartnerscoreCorporate partner providing 340B compliance services.
- Ponaman Healthcare ConsultingcoreCorporate partner providing healthcare consulting services.
- Health EnterprisesminorCorporate partner offering healthcare business services.
- Hall RendercoreCorporate partner providing healthcare legal services including 340B compliance.
- Integrated Pharmacy ServicescoreCorporate partner providing 340B solutions including program compliance, optimization, and pharmacy management.
- Edak PrimeminorCorporate partner offering pharmacy services.
- Draffin TuckercoreCorporate partner providing healthcare consulting and audit services.
- Kodiak SolutionscoreCorporate partner (formerly healthcare consulting practice of Crowe) providing 340B consulting, audit services, and revenue cycle analytics. Serves over 2,000 hospitals and 275,000 practice-based physicians across all 50 states.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
340B Health competitors and assessment
Company assessmentOthers
- Vizient: Healthcare performance improvement and supply chain consulting company serving hospital systems. Listed as an ecosystem participant and existing 340B Health corporate partner that overlaps in audience with member hospitals.
- Pharmaceutical Research and Manufacturers of America (PhRMA): Trade association representing the pharmaceutical industry and the principal counterparty in 340B policy debates. Included as the inverse-side advocacy stakeholder shaping the same regulatory environment 340B Health operates in.
- American Pharmacists Association: National professional society for pharmacists, many of whom work in 340B-covered entities. A thematically related organization that intersects with 340B Health's pharmacy education and policy audience.
- National Council for Prescription Drug Programs: Standards-setting organization for the pharmacy services industry. Operates adjacent to 340B Health's policy/standards work and is included as an ecosystem peer rather than a direct competitor.
Broad incumbents
- American Hospital Association: The largest national membership organization for U.S. hospitals and health systems, offering broad policy advocacy, education, and operational resources. It overlaps significantly with 340B Health on hospital advocacy but covers a much wider agenda than the 340B program specifically.
- Premier Inc. Healthcare performance improvement and group purchasing organization serving thousands of hospitals. Comparable in serving hospital members with cost-saving and operational programs, including 340B optimization offerings through corporate partner relationships.
Direct peers
- America's Essential Hospitals: Membership association representing hospitals serving low-income and other vulnerable populations, including many 340B participants. It is the closest comparable peer in mission and constituency to 340B Health, focused on safety-net hospital advocacy, policy, and education.
- Catholic Health Association of the United States: Membership association for Catholic nonprofit hospitals and health systems — many of which participate in the 340B program. Comparable peer in serving nonprofit hospital constituencies with policy, advocacy, and mission-driven support.
- National Association of Community Health Centers: Represents federally qualified health centers and other community-based safety-net providers, many of which participate in the 340B program. Peer in advocating for outpatient safety-net providers and educating members on federal drug pricing programs.
Emerging players
- Healthcare Financial Management Association: Membership organization for healthcare finance professionals. Adjacent peer whose audience overlaps with 340B program coordinators and finance staff at member hospitals, covering broader healthcare finance education, compliance, and reimbursement.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
340B Health social profiles
Digital presence340B Health financial estimates
Financial estimateRevenue estimate
Valuation estimate
340B Health leadership team
Management profileNumber of profiles
Profiles12 records
340B Health funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
340B Health M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 340B Health
What does 340B Health do?
340B Health is a 501(c)(6) nonprofit membership association that represents more than 1,600 public and private nonprofit hospitals and health systems participating in the federal 340B drug pricing program. The organization delivers advocacy before Congress and federal agencies, compliance guidance, educational programming, peer networking through its Exchange community, and events to help safety-net hospitals protect and optimize their 340B savings. Membership dues fund the organization's operations, with members gaining access to advocacy, resources, and community across the 340B ecosystem.
Is 340B Health a public or private company?
340B Health is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was 340B Health founded?
340B Health was founded in 2010. It employs 11 to 50 people.
Where is 340B Health based?
340B Health is headquartered in Washington, United States, in the North America region.
How does 340B Health make money?
One revenue line is on record: membership Dues.
Who are 340B Health's main competitors?
Others on record are Vizient, Pharmaceutical Research and Manufacturers of America (PhRMA), American Pharmacists Association and National Council for Prescription Drug Programs. Broad incumbents are American Hospital Association and Premier Inc.. Direct peers are America's Essential Hospitals, Catholic Health Association of the United States and National Association of Community Health Centers. Healthcare Financial Management Association is listed as an emerging player.
Does 340B Health have an API?
No public API is recorded for 340B Health.
What industry is 340B Health in?
340B Health's product category is Healthcare Advocacy and Membership Services. Its primary akta.pro industry code is HLAEAKAJ, 340B Program Administration & Support. Its NAICS code is 81392 and its SIC code is 8000.