Open Accessibility Menu

340B Program

About Us

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, and oncology.

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 2020)

  • $1,000,000 - Approximate annual 340B savings that benefit VPH patients.
  • 63% - 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 care services;
  • 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.