Americans for Open Government on Ruthless Podcast

Earlier this month, the House Ways and Means Committee took an important step in addressing the abuse of the 340B program, which was designed to help low-income patients access affordable health care by allowing certain hospitals to purchase prescription drugs at heavily discounted prices. But recent scrutiny by lawmakers has revealed widespread abuse of the program. For example, hospitals, clinics, and their for-profit partners pocketed over $100 billion in profits from 340B medicine markups in 2024 alone, with no rules requiring that money be used to help patients afford medicine. Ways and Means Chairman Jason Smith said, Tax-exempt hospital empires look less like hospitals and more like hedge funds, making stock investments, purchasing stadium naming rights, and even participating in political activism. That's why the Ways and Means Committee passed Congressman Greg Murphy's Tax-Exempt Hospital Transparency Act, which will increase transparency into hospitals and help rein in waste, fraud, and abuse. Visit americansforopengoverment.com to learn more.