Valley Presbyterian Hospital (VPH) opened its doors to the community in
1958 as a small, neighborhood provider of personalized medical care. Today,
we are one of the largest and most prestigious full-service acute care
facilities in the San Fernando Valley. Our 350-bed hospital located in
Van Nuys serves thousands of families each year, with access to a wide
range of medical expertise and leading-edge technology across all elements
of care. VPH has over 500 affiliated physicians and a team of approximately
1800 employees providing specialty and most sub-specialties in the medical
field, including cardiac care, orthopedics, maternal and child health,
VPH is certified in the following areas: Cardiac STEMI Receiving Center,
Primary Stroke Center, Pediatric Medical Center and Emergency Department
Approved for Pediatrics.
While our range of acute-care services and expertise has continued to expand,
we remain a community-based hospital at heart. As an independent, non-profit,
and locally governed institution, we provide an exceptional level of care
that responds to the needs of our community.
VPH provides charity care and other financial assistance to those in our
community who cannot afford services, or whose health insurance does not
cover all services rendered.
340B: A Federal Program Supporting Safety-Net Providers
The 340B prescription drug program supports our role as a safety-net provider
in offering vital health care services for the community we serve. The
program is narrowly tailored to only hospitals that provide a high level
of services to low-income individuals or serve isolated rural communities.
340B by the numbers (fiscal year 2019)
$1,200,000 - Approximate annual 340B savings that benefit VPH patients.
65% - VPH's Disproportionate Share Hospital (DSH*) percentage.
Benefits of the 340B program
The 340B Program affords patients the high quality care they deserve, no
matter their income level or insurance coverage. The cost savings from
reduced drug pricing represent a key factor in enabling VPH to provide
an array of needed services to the community we serve, including:
- Access to specialty care not otherwise available to many low-income individuals
in the community;
- Clinical pharmacy services, such as disease management programs;
- Mental health services;
- Transportation to needy patients allowing them access to essential health
- Free vaccinations and health screening for vulnerable populations;
- New community outreach programs
Impact if the 340B Program were scaled back:
Scaling back the 340B Program would jeopardize VPH’s capacity to
offer all the services mentioned above to our patients.
*DSH hospitals such as Valley Presbyterian Hospital serve a significantly
disproportionate number of low income patients and receive payments from
the Centers for Medicaid and Medicare Services to cover costs of providing
care to uninsured and under insured patients.