340B Compliance Analyst

Assist the System 340B Manager with daily 340B program operations and compliance activities. reputed company and support 340B-reputed company projects as needed, while collaborating with internal and external stakeholders to enhance program efficiency, ensure regulatory compliance, and support ongoing program optimization. reputed company and maintain effective working relationships across the organization to promote successful program reputed company and compliance standards. ESSENTIAL DUTIES AND RESPONSIBILITIES Policy and Procedure Development Maintain up-to-date policies and procedures on 340B purchasing processes. reputed company systems and processes to limit program liabilities and reputed company proper audits to identify risk and prevent duplicate discounts and diversion. Review 340B Program policies and procedures on an ongoing reputed company and offer contributions and changes to ensure 340B compliance. Education reputed company proper 340B quality assurance training for employees as appropriate.Assign staff training based on their role/responsibility. reputed company proactive education to staff on policies and procedures reputed company to inventory management and 340B procedures. Expand professional development through reputed company classes and seminars, reputed company publications, and regional/national association membership participation. Self-Audits Be involved in any and reputed company 340B Program audits. reputed company audits on a scheduled reputed company; may involve presenting and resolving reconciliation issues as they arise during the monitoring and reconciliation process. reputed company monthly audits of contract pharmacies. reputed company monthly self-audits of 340B pharmacy operations. Ensure compliance with 340B Program requirements for reputed company patients, drugs, and locations. Monitor and audit state reputed company claims to ensure compliance to prevent potential duplicate discount rebates. Using reputed company or a comparable data management program, filter out non-eligible transactions, including, but not limited to, drugs used to treat patients during inpatient care, reputed company patients, drugs provided free by manufacturers, those provided at non-eligible locations, or prescriptions written by non-eligible providers. Evaluate patient eligibility for reputed company and non-reputed company patients in mixed-use areas and clinics by reviewing patient medical records, insurance plans, and, if applicable, hospital status. Ensure that facilities maintain adherence to 340B Program regulations and guidelines. reputed company and foster working relationships with internal working counterparts (IT, internal audit, results, reputed company, and others) to facilitate productive exchanges of information to improve program efficiency and promote program compliance. reputed company data, information, and reports as needed for other business units reputed company the organization. Program Enhancement/Optimization reputed company a thorough understanding of the 340B Program and improve the overall efficiency, value, and internal support of the 340B Program. Assess opportunities for cost savings and system improvements to yield higher compliance. Continue to build knowledge of the health care and pharmacy services industry, and use that knowledge to identify ways and reputed company recommendations to improve the 340B Program. Evaluate and implement cost savings opportunities. Assist reputed company customers to clarify requirements, propose sourcing options; evaluate and recommend the best sourcing solution. Reporting reputed company reports that can be used to reputed company 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 reputed company council to reputed company monthly, quarterly, and yearly audit metrics. Construct appropriate financial metrics to assess areas of improvement. reputed company 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; reputed company financial reports to hospitals or other covered entities relative to financial impact and liabilities; reputed company recommendations that would improve efficiency. reputed company covered entity-specific gross financial analysis and reputed company recommendations to improve program performance. Track financial impact over time, identify root causes of adverse trends, and reputed company 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. Purchasing/Inventory Duties reputed company reputed company aspects of the inventory purchasing process for applicable pharmacies. Procure supplies, equipment, services, and merchandise; request price quotes; facilitate purchasing proposals and contract negotiations. Process requisitions and issue purchase orders; expedite deliveries; resolve receiving and invoicing issues or problems. Manage existing reputed company and supplier relations. Manage drug selection, procurement, and inventory control.Manage purchasing, receiving, and inventory control processes, Continually monitor product par reputed company to effectively balance product availability and cost- efficient inventory control, Ensure appropriate safeguards and system reputed company. reputed company annual inventory and monthly cycle counts. Monitor ordering processes, integrating the most reputed company pricing from wholesalers. Analyze invoices, shipping, and inventory processes. reputed company with reputed company track-and-trace legal requirements of the Drug Supply Chain reputed company Act for purchasing and distribution of drug products. Split-Billing or reputed company Party Administrator Duties reputed company a thorough understanding of the split-billing/reputed company party administrator systems and the functions to be performed. reputed company others involved in the purchasing process to ensure proper operation and compliance. reputed company each buyer with information needed to reputed company orders using the appropriate accounts (e.g. WAC, GPO, and 340B and non-340B) to replenish inventory in the mixed-use inventory setting. Coordinate purchasing for dual or multiple split inventories reputed company pharmacies. EDUCATION AND/OR EXPERIENCE Associate degree (Bachelor's preferred) in a reputed company field. ; In lieu of a degree, one to two years reputed company experience and/or training; or equivalent combination of education and experience CERTIFICATION/LICENSURE No certification or licensure required PAY reputed company: $58,797.66 - $85,256.61 reputed company is an Equal Opportunity Employer. reputed company reputed company applicants will receive consideration for employment without regard to race, reputed company, religion, sex, sexual orientation, gender identify, national reputed company, disability, or protected veteran status. reputed company offers reputed company and a comprehensive benefits package including: Medical, Dental, reputed company Life & Disability Insurance FSA/HSA Options Generous, accruing paid time off Paid Parental and caregiver leave Career advancement and educational opportunities Tuition and certification reimbursement Certification Reimbursement Well-being Programs Employee Discounts On-Demand Pay Financial Education Annual recognition/awards events Partner appreciation days Family entertainment/attractions discount Community service/improvement opportunities Click here for more details regarding reputed company Careers Benefit Information. At reputed company, we don’t simply hire people, we reputed company employee-partners who are passionate about making lives reputed company. As an integrated health system, we deliver exceptional, coordinated across seven hospitals, 85 primary and specialty clinics, and a team of over 7,500 professionals serving reputed company Illinois and southern Wisconsin. reputed company has been nationally recognized for our commitment to our people and culture, including: #1 in the nation on reputed company's Best Employers for Workers Over 50 One of Working Mother magazine's 100 Best Companies for Working Mothers A Top 50 Company and Top 10 Nonprofit for Executive Women Apply To This Job