340B Finance & Compliance Analyst

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profile Job Location:

Philadelphia, PA - USA

profile Monthly Salary: Not Disclosed
Posted on: 8 days ago
Vacancies: 1 Vacancy

Job Summary

Job Details

340B Finance Compliance Analyst

Job Description

The 340B Finance Compliance Analyst:

isresponsible for oversight of the 340B Program. This individual will review all areas and responsibilities related to Jeffersons 340B.

  • Responsibilities include but are not limited to monitoring auditing managing maintaining and implementing pharmacy 340B programs; assisting with data for financial analysis; ensuring claims meet eligibility criteria in all settings of the 340B program; manage and oversee provider eligibility; working in conjunction with pharmacy buyers; pharmacy staff and other stakeholders; assisting and/or providing training to stakeholders as needed; assist in the development of policies and procedures and workflows; maintain split-billing software and ensure 340B compliance on an ongoing basis.
  • Routinely monitors and interprets utilization records including drug administrations and purchasing accounts including direct accounts to ensure source system software is reconciled properly and accurately.
  • Performs audits on a schedule basis for mixed-use contract pharmacy crosswalk and accumulations among others; may involve presenting and resolving reconciliation issues as they arise.
  • Perform internal and external compliance risk assessments to validate processes.
  • Monitor and audit claims to ensure compliance and to prevent potential duplicate discount rebates.
  • Ensures Jeffersons compliance with the Health Resources and Services Administration (HRSA) and Office of Pharmacy Affairs (OPA) regulations and guidelines.
  • Analyzes volumes and trends as compared to benchmarks best practices and strategic goals.
  • Review 340B Program policies and procedures on an ongoing basis and offer contributions and changes to ensure 340B compliance.
  • Participates in accomplishing 340B Program goals and objectives evaluates effectiveness and implements changes to achieve desired outcomes.
  • Keeps up with 340B pricing trends and new legislation.
  • Analyzes and interprets 340B purchasing trends and the economic impact to the organization. Assist in rectifying findings as needed in collaboration with supervisor and stakeholders.
  • Experience with analyzing and reporting data in order to identify issues trends or exceptions to drive improvement of results and find solutions.
  • Solid understanding of 340B auditing standards techniques and procedures preferred.
  • Experience with 340B Third Party Administrator (TPA) software preferred.
  • Knowledge of the issues trends and challenges presented by participation in the 340B program.
  • Analytical mindset and ability to present data in a comprehensive manner.
  • Education:

    Associate degree in business pharmacy health care data/IT or related field and/or equivalent
    relevant experience.
    OR
    Experience:
    Minimum of two (2) years broad pharmacy financial operations or financial analytics experience.

    Minimum Certifications Registration or License Requirements:
    340B University training required (can be completed upon hire); Apexus Certification preferred.

    Additional Information
    Experience with analyzing and reporting data in order to identify issues trends or
    exceptions to drive improvement of results and find solutions.
    Solid understanding of 340B auditing standards techniques and procedures
    preferred.
    Experience with 340B Third Party Administrator (TPA) software preferred.
    Knowledge of the issues trends and challenges presented by participation in the
    340B program.
    Analytical mindset and ability to present data in a comprehensive manner.
    Manager - Please list any other requirements or preferences (like Word Excel etc.)

Work Shift

Workday Day (United States of America)

Worker Sub Type

Regular

Employee Entity

Thomas Jefferson University

Primary Location Address

1101 Market Philadelphia Pennsylvania United States of America

Nationally ranked Jefferson which is principally located in the greater Philadelphia region Lehigh Valley and Northeastern Pennsylvania and southern New Jersey is reimagining health care and higher education to create unparalleled value. Jefferson is more than 65000 people strong dedicated to providing the highest-quality compassionate clinical care for patients; making our communities healthier and stronger; preparing tomorrows professional leaders for 21st-century careers; and creating new knowledge through basic/programmatic clinical and applied research. Thomas Jefferson University home of Sidney Kimmel Medical College Jefferson College of Nursing and the Kanbar College of Design Engineering and Commerce dates back to 1824 and today comprises 10 colleges and three schools offering 200 undergraduate and graduate programs to more than 8300 students. Jefferson Health nationally ranked as one of the top 15 not-for-profit health care systems in the country and the largest provider in the Philadelphia and Lehigh Valley areas serves patients through millions of encounters each year at 32 hospitals campuses and more than 700 outpatient and urgent care locations throughout the region. Jefferson Health Plans is a not-for-profit managed health care organization providing a broad range of health coverage options in Pennsylvania and New Jersey for more than 35 years.

Jefferson is committed to providing equal educational and employment opportunities for all persons without regard to age race color religion creed sexual orientation gender gender identity marital status pregnancy national origin ancestry citizenship military status veteran status handicap or disability or any other protected group or status.

Benefits

Jefferson offers a comprehensive package of benefits for full-time and part-time colleagues including medical (including prescription) supplemental insurance dental vision life and AD&D insurance short- and long-term disability flexible spending accounts retirement plans tuition assistance as well as voluntary benefits which provide colleagues with access to group rates on insurance and discounts. Colleagues have access to tuition discounts at Thomas Jefferson University after one year of full time service or two years of part time service. All colleagues including those who work less than part-time(including per diemcolleagues adjunct faculty and Jeff Temps) have access to medical (including prescription) insurance.

For more benefits information please click here


Required Experience:

IC

Job Details340B Finance Compliance AnalystJob DescriptionThe 340B Finance Compliance Analyst:isresponsible for oversight of the 340B Program. This individual will review all areas and responsibilities related to Jeffersons 340B.Responsibilities include but are not limited to monitoring auditing mana...
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Key Skills

  • Cognos
  • Forecasting
  • Hyperion
  • Microsoft Access
  • Pivot tables
  • Accounting
  • Analysis Skills
  • Microsoft Excel
  • Financial Analysis
  • Financial Modeling
  • Budgeting
  • Financial Planning

About Company

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At Thomas Jefferson University in Philadelphia, PA, we are helping you to redefine what’s possible with innovative and tailored education opportunities.

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