Community Benefit Report (340B)
Definition
A Community Benefit Report documents the tangible outcomes of a covered entity’s 340B program participation. It typically includes data on savings generated, how those savings were reinvested into patient care programs, the number of patients served, services expanded or added, and the populations benefited.
While not formally required by HRSA, Community Benefit Reports have become an important tool for covered entities to demonstrate program stewardship, respond to stakeholder questions about savings utilization, and support legislative and regulatory defense of the program.
As the 340B program faces increased scrutiny from manufacturers, Congress, and advocacy groups, covered entities that can clearly articulate and document the community benefit of their program participation are better positioned to defend their role in the program and resist restrictions on their access to 340B pricing.
Frequently Asked Questions
Why Community Benefit Report (340B) Matters
The 340B program's political and regulatory sustainability depends on covered entities being able to demonstrate that savings are being used for patient care. A well-constructed Community Benefit Report is both an accountability tool and a program defense asset.
How Virtue 340B Uses It
Community Benefit Report development is a Virtue 340B service. We help covered entities gather data, structure their narrative, and produce reports that clearly communicate the patient care impact of their 340B program.