340(b) Specialist

Monument Health Rapid City Hospital•Rapid City, SD

13d•$23 - $29

About The Position

Under general supervision, oversees the activities of the 340b Drug Pricing Program for all qualified entities within Monument Health, maximizing program participation while maintaining full compliance with program rules. Monument Health offers competitive wages and benefits on qualifying positions. Some of those benefits can include: Supportive work culture Medical, Vision and Dental Coverage Retirement Plans, Health Savings Account, and Flexible Spending Account Instant pay is available for qualifying positions Paid Time Off Accrual Bank Opportunities for growth and advancement Tuition assistance/reimbursement Excellent pay differentials on qualifying positions Flexible scheduling

Nice To Haves

Experience - 1+ years of Pharmaceutical Experience
Education - Associates degree in Related Field

Responsibilities

Collaborates with the finance department to monitor changes that could affect 340(b) qualification such as changes in the points of service position on the cost report, any changes in institutional ownership or related joint ventures and any variations or negative trends in DSH percentages.
Develop and maintain relationship with all Contract Pharmacy ownership and/or staff, serving as the point person for questions, problems, and concerns.
Develop process to maximize use of all the available tools built into the 340B software.
Establish and maintain consistent policies and procedures for 340(b) that maximize participation with the program while assuring full program compliance.
Maintain 340B software to ensure appropriate products are linked to the appropriate charge code and in the correct ratio as well as maintain system when new charge codes are created.
Regularly communicate with all staff involved with 340(b) to be sure processes remain efficient and to address any problems or suggestions for improvement; also establishing a clear way for them to communicate any concerns or problems at any time.
Reviews and monitors all points of service where 340(b) Drug Pricing Program participation occurs to ensure policies and procedures are followed accordingly and is responsible to be the institutional compliance expert with regard to plan qualifications, policies, and procedures.
Routinely monitors utilization records, 340(b) purchasing accounts to ensure software or tools are working properly and accurately, performing audits and both internal and external compliance assessments to validate processes.
All other duties as assigned.