Strengthens the 340B drug discount program by enhancing oversight, improving data transparency, and ensuring compliance.

The SECURE 340B Act amends the Public Health Service Act to strengthen the 340B drug discount program. Key provisions include establishing a data clearinghouse to facilitate secure information exchange, requiring covered entities to submit data for program integrity activities, and imposing civil monetary penalties for violations. The Act also mandates audits of covered entities and contract pharmacies, and requires covered entities to maintain auditable records.

Strengthens the 340B drug discount program by enhancing oversight, improving data transparency, and ensuring compliance.

The SECURE 340B Act amends the Public Health Service Act to strengthen the 340B drug discount program. Key provisions include establishing a data clearinghouse to facilitate secure information exchange, requiring covered entities to submit data for program integrity activities, and imposing civil monetary penalties for violations. The Act also mandates audits of covered entities and contract pharmacies, and requires covered entities to maintain auditable records.