Cottage Health’s 340B Program
The 340B drug pricing program supports our nation’s hospitals in providing vital health care services for the communities we serve, regardless of a patient’s ability to pay. The program is available to hospitals that provide a high level of services to low-income individuals or serve isolated rural communities.
As part of the 340B program, Santa Barbara Cottage Hospital and Santa Ynez Valley Cottage Hospital provide a wide range of services to hundreds of patients on a daily basis. Both hospitals have been part of the program since 2017 and maintain rigorous internal oversight to ensure they meet the federal 340B program requirements.
Benefits of the 340B Program
The 340B program allows Cottage Health to better serve its community of patients, regardless of income level or insurance coverage. Cost savings from reduced 340B drug pricing has been invested back into hospital programs and services since the program’s inception. This includes, but is not limited to, the following programs:
- Medications upon discharge at low or no cost to patients with financial need
- Patient access to financial assistance
- Free and low-cost health screenings
- Level I Trauma Center
- Level II Pediatric Trauma Center
- Pediatric multi-specialty clinics
- Population health program initiatives to improve the overall health and wellness of our community
- Health professions education
Cottage Health - 340B By the Numbers
- $11.4 million: Amount of savings realized from the 340B program in 2023
- $160 million: Amount of services provided annually by CH to benefit those in need
Cottage Health
Cottage Health is a not-for-profit organization providing advanced medical care for patients throughout California at Santa Barbara Cottage Hospital, Goleta Valley Cottage Hospital, Santa Ynez Valley Cottage Hospital, Cottage Children’s Medical Center and Cottage Rehabilitation Hospital, Urgent Care Centers, and Cottage Virtual Care-Virtual Visits.
The mission of Cottage Health is to provide superior health care and improve the health of our communities through a commitment to our core values of excellence, integrity and compassion. Each day our thousands of staff, physicians and volunteers reinforce the importance of our core values. Without the 340B program and its subsequent drug savings, Cottage Health would not be able to continue providing the most vulnerable members of our community with the quality of care they deserve.
