Gene Green: “At the time the President came into office, the financial system was almost in collapse.”

Thank you, Mr. Chairman, for holding today's hearing on these bipartisan drafts and legislation to improve the delivery cost of healthcare in our country.

Critically, MACRA encourages providers to move away from fee-for-service and participate in a new delivery model that will reduce costs while increasing quality.

I hope we all agree on the importance of 340B and the need to stretch scarce federal resources as far as possible to reach more eligible patients and provide more comprehensive services.

The 340B Drug Pricing Program was created by Congress in 1992. It helps safety net providers care for their most vulnerable patients and afford drugs that would otherwise be out of reach.