The 340B Drug Pricing Program was established to permit covered entities “to stretch scarce Federal resources as far as possible, reaching more eligible patients and providing more comprehensive services.” 340B offers meaningful savings to uninsured patients on their medications (average 50% off), and can generate significant revenue to the safety net providers who take care of them. 340B is available to all FQHCs, DSH Hospitals, and several other types of providers. Check if your organization is eligible.
NYCRx was started by the New York City Department of Health and Mental Hygiene with seed funding from HRSA, the Federal office that oversees the Office of Pharmacy Affairs and the 340B program. NYCRx was launched to address the serious underutilization of 340B by eligible entities.
In 2007, NYCRx was spun off and incorporated as an independent 501c3. We were started with the explicit mission to expand use of the 340B program.
Since then, we now partner with 55 health centers, working with more than 60 pharmacies.
In addition to 340B services and prescription discount offerings, we have expanded into mission appropriate projects that relate to expanding access to medical prescriptions.
Our mission is to provide access to low-cost prescriptions to the medically underserved, and to support eligible safety net providers in maximizing the use of the 340B drug discount program.