340B Analyst - LGMC Pharmacy - Full Time:
Lafayette General Health

1189032744
Lafayette General Health
Lafayette
Pharmaceutical
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Description
Location: LGMC Employment Status: FT SUMMARY: Plans, provides training, and organizes the implementation of the 340B software and to act as an on-going software resource for implemented and assigned hospitals. Regular on-going audits of claims. Update eligible provider lists regularly. Apply systems analysis techniques and procedures, including consulting with users to determine system functional specifications. Maintain accurate records, through multiple databases, which report the success of the programs. Routinely communicate successes to the customers and CPS management. Troubleshoot applications as needed. ESSENTIAL DUTIES AND RESPONSIBILITIES: 1. Policy and Procedure Development: • Assist in maintenance of policies and procedures on 340B purchasing processes. • Develop systems and processes to limit program liabilities and provide proper audits to identify risk and prevent duplicate discounts and diversion. • Review 340B program policies and procedures on an ongoing basis and offer contributions and changes to ensure 340B compliance. 2. Education Programming: • Develop proper 340B quality assurance training for employees as appropriate. • Provide proactive education to staff on policies and procedures related to inventory management and 340B procedures. • Expand professional development through related classes and seminars, current publications, and regional/national association membership participation. 3. Self-Audits: • Be involved in any and all 340B audits. • Using Excel or a comparable data management program, filter out non-eligible transactions, including, but not limited to, drugs used to treat patients during inpatient care, Medicaid patients, drugs provided free by manufacturers, those provided at non-eligible locations, or prescriptions written by non-eligible providers. • Evaluate patient eligibility for qualified and non-qualified patients in mixed-use areas and clinics by reviewing patient medical records, insurance plans, and hospital status. • Ensure that facilities maintain adherence to 340B program regulations and guidelines. • Perform audits on a scheduled basis; may involve presenting and resolving reconciliation issues as they arise during the monitoring and reconciliation process. • Perform periodic audits of contract pharmacies. • Perform periodic self-audits of 340B pharmacy operations. • Ensure compliance with 340B program requirements for qualified patients, drugs, and locations. 4. Program Enhancement/Optimization: • Through financial analysis, strive to recognize the value opportunity of the 340B program. • Assess opportunities for cost savings and system improvements to yield higher compliance. • Develop a thorough understanding of the 340B program. Strive to consistently improve the overall efficiency, value, and internal support of the 340B program. • Continue to build knowledge of the health care and pharmacy services industry, and use that knowledge to identify ways and make recommendations to improve the 340B program. • Evaluate and implement 340B related cost savings opportunities. 5. Reporting: • Develop reports that can be used to educate staff and assist management in tracking the overall financial impact to the organization. Build other reports, as appropriate, to monitor and improve 340B program compliance and performance. • Maintain copies of reports for compliance and audit purposes. • Collaborate with the Pharmacy, Compliance, and 340B Oversight Council to develop monthly, quarterly, and yearly audit metrics. • Construct appropriate financial metrics to assess areas of improvement. • Develop and update 340B program reporting packages detailing volume, financial value, and other reporting metrics as needed. • Use provided tools to monitor prescription data, patient data, hospital data, payer data, site of care, and, if required, ICD-10 codes. Summarize and report results to the appropriate individuals. • Monitor, report, and analyze contract pharmacy 340B activities; provide financial reports to hospitals or other covered entities relative to financial impact and liabilities; make recommendations that would improve efficiency. • Perform hospital- or other covered entity-specific gross financial analysis and make recommendations to improve program performance. Track financial impact over time, identify root causes of adverse trends, and make • JD 340B ANALYST - HOSPITAL 8-21-17 • recommendations to improve the program's financial stability. • Review and refine monthly 340B cost savings reports detailing purchasing and replacement practices, as well as dispensing patterns. 6. Purchasing/Inventory Duties: • Assist the pharmacy buyer in procurement of supplies, equipment, services, and merchandise; request price quotes; facilitate purchasing proposals and contract negotiations. • Assist the pharmacy buyer in processing requisitions and issue purchase orders; expedite deliveries; resolve receiving and invoicing issues or problems. • Assist in management of existing contracts and supplier relations. • Manage drug selection, procurement, and inventory control. • Maintain system databases to reflect changes in the drug formulary or product specifications, • Continually monitor product par levels to effectively balance product availability and cost- efficient inventory control, • Ensure appropriate safeguards and system integrity. • Monitor ordering processes, integrating the most current pricing from wholesalers. Analyze invoices, shipping, and inventory processes. • Comply with all GPO Prohibition rules for applicable covered entities: DSH, PED, and CAN. • Comply with all track-and-trace legal requirements of the Drug Supply Chain Security Act for purchasing and distribution of drug products. 7. Split-Billing Duties: • Develop a thorough understanding of the split-billing system and the functions to be performed. Educate others involved in the purchasing process to ensure proper operation and compliance. • Provide each buyer with information needed to place orders using the appropriate accounts (e.g., WAC, GPO, and 340B) to replenish inventory in the mixed-use inventory setting. • Coordinate purchasing for split inventory within internal pharmacies. 8. Other: • Serve as a project participant for the 340B program functions. • Develop and foster working relationships with internal working counterparts (IT, Internal Audit, Results, Accounting, and others) to facilitate productive exchanges of information to improve program efficiency and promote program compliance. Provide data, information, and reports as needed for other business units within the organization. • Other duties as assigned. EDUCATION/TRAINING/EXPERIENCE: • High school graduate or equivalent experience. • Bachelor's degree in healthcare, finance, or related field or a combination of education and experience is preferred. • Pharmacy Tech Certification preferred. • Understanding of the billing and reimbursement cycle. • 340B regulatory and 340B administrative software experience highly desirable. • Strong computer skills, including expertise in database management, MS Office with an emphasis on excel and access. • Strong understanding of confidentiality of patient records and HIPPA compliance. • Ability to present and communicate with healthcare professionals at all levels. PHYSICAL DEMANDS AND WORKING CONDITIONS:SUMMARY: Plans, provides training, and organizes the implementation of the 340B software and to act as an on-going software resource for implemented and assigned hospitals. Regular on-going audits of claims. Update eligible provider lists regularly. Apply systems analysis techniques and procedures, including consulting with users to determine system functional specifications. Maintain accurate records, through multiple databases, which report the success of the programs. Routinely communicate successes to the customers and CPS management. Troubleshoot applications as needed. ESSENTIAL DUTIES AND RESPONSIBILITIES: 1. Policy and Procedure Development: • Assist in maintenance of policies and procedures on 340B purchasing processes. • Develop systems and processes to limit program liabilities and provide proper audits to identify risk and prevent duplicate discounts and diversion. • Review 340B program policies and procedures on an ongoing basis and offer contributions and changes to ensure 340B compliance. 2. Education Programming: • Develop proper 340B quality assurance training for employees as appropriate. • Provide proactive education to staff on policies and procedures related to inventory management and 340B procedures. • Expand professional development through related classes and seminars, current publications, and regional/national association membership participation. 3. Self-Audits: • Be involved in any and all 340B audits. • Using Excel or a comparable data management program, filter out non-eligible transactions, including, but not limited to, drugs used to treat patients during inpatient care, Medicaid patients, drugs provided free by manufacturers, those provided at non-eligible locations, or prescriptions written by non-eligible providers. • Evaluate patient eligibility for qualified and non-qualified patients in mixed-use areas and clinics by reviewing patient medical records, insurance plans, and hospital status. • Ensure that facilities maintain adherence to 340B program regulations and guidelines. • Perform audits on a scheduled basis; may involve presenting and resolving reconciliation issues as they arise during the monitoring and reconciliation process. • Perform periodic audits of contract pharmacies. • Perform periodic self-audits of 340B pharmacy operations. • Ensure compliance with 340B program requirements for qualified patients, drugs, and locations. 4. Program Enhancement/Optimization: • Through financial analysis, strive to recognize the value opportunity of the 340B program..... click apply for full job details