340B Analyst, Pharmacy Tech

Phoebe Putney Health System
4dRemote

About The Position

The Pharmacy Tech, 340B Analyst is responsible for pharmacy systems and outcomes in the following areas: (1) drug product selection and procurement, (2) 340B program compliance, monthly auditing, reporting, dispensing patterns, and inventory process. (3) Inventory control and billing processes and (4) information support systems/technology development.

Requirements

  • Associate's Degree in Pharmacy Technology or healthcare-related field. (Required).
  • 1 year experience as a Pharmacy Technician. (Required).
  • PHAR-C - Certified Pharmacy Tech.
  • PHRMTECH-R - Registered Pharmacy Technician.
  • Completion of Apexus 340B University.
  • Apexus Advanced Operations Certificate within 180 Days.

Nice To Haves

  • 1 year of experience or training in pharmaceutical sourcing and/or procurement. (Preferred).
  • 340B hospital (DSH, CAH, SCH, or RRC) program experience. (Preferred).

Responsibilities

  • Perform business analysis of procurement activities and inventory controls as related to 340B operations and propose effective and user-friendly solutions to business stakeholders.
  • Maintain 340B system databases to reflect changes in the drug formulary, data transmission, and data specifications.
  • Monitor compliance with 340B program requirements and billing guidelines related to qualified patients, drugs and locations.
  • Review and refine executive level and day-to-day 340B program performance reports including, but not limited to, purchasing, dispensation, and cost savings.
  • Build reports, as appropriate, to monitor and improve 340B program compliance and performance.
  • Construct appropriate financial metrics to assess areas of program improvement.
  • Monitor ordering processes, integrating most current pricing from wholesaler.
  • Monitor and analyze purchasing contracts and vendor program offerings to identify opportunities to reduce cost of 340B pharmaceuticals.
  • Periodically review wholesaler and 340B vendor contract(s) for 340B Program compliance.
  • Conduct periodic training and education for Pharmacy Buyers to align and standardize processes across the hospital system.
  • Review 340B program policies and procedures on an ongoing basis and offer contributions and changes related to 340B compliance.
  • Perform routine monitoring activities on a scheduled basis; may involve presenting and resolving reconciliation issues as they arise.
  • Through financial analysis, strive to recognize the value opportunity of the 340B program.
  • Evaluate and provide recommendations related to the implementation of potential cost savings opportunities.
  • Collaborate with Pharmacy, Compliance, and 340B Advisory Committee to develop monthly, quarterly, and yearly audit metrics.
  • Identify trends, discrepancies, and variances to improve the efficiency and effectiveness of operations.
  • Provide recommendations that would improve operations, compliance, and efficiency.
  • Track program performance over time, identify root causes of adverse trends, and make recommendations for improvement.
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