340B Coordinator

CompleteRx • Columbia, TN

2d • Onsite

About The Position

Join CompleteRx as a 340B Coordinator ! If you're an experienced pharmacy technician or pharmacy buyer looking for your next great opportunity, we encourage you to apply! In this role, you will be responsible for coordinating and monitoring the 340B Drug Pricing Program to ensure compliance, data accuracy, and efficiency. Location: Onsite at Maury Regional Medical Center - Columbia, TN Key Responsibilities: Ensure compliance with applicable federal regulations and program interpretations. Maintain accuracy of data used for pharmacy billing and decision support. Support efforts to maximize hospital savings and efficiency within the 340B program. What You Will Do 340B Auditing: Performs all 340B audits. Monitors state claims for compliance, prevents duplicate discount rebates and evaluates patients program eligibility in mixed use areas or clinics by reviewing patient medical records, insurance plans, and hospital status. Analyzes financial data for additional 340B program cost savings and system improvements. Evaluates and implements these opportunities, as appropriate. Provides reports to document and communicate the financial impact of the program to hospital administration and other stakeholders. Builds additional reports, as appropriate, to monitor and improve 340B program compliance and performance. Maintains good working relationships with other hospital departments to facilitate communication. Provides data, information, and reports as needed. Tracks, trends, and reports pharmaceutical sales and purchases; perform statistical, cost, and financial analysis of data. Identifies root causes of adverse trends and makes recommendations to improve the programs financial stability. Works with IT and Informatics to ensure data integrity for the 340B program. Develops a thorough understanding of the split-billing system. Maintains 340B split-billing software integrity and reviews applicable reports to identify areas for improvement. Program Management: Serves as the institutional compliance expert or authority on the 340B program. Provides oversight and maintenance of all 340B contracts. Ensures that the HRSA 340B Database is accurate for all organization entities and child sites. Develops and updates documents and processes for daily operations and monthly financial reporting; prepares reports based on the contract pharmacys revenue and expenses. Reviews and revises 340B program policies and procedures to reflect changes in the program, as appropriate. Ensures compliance with all GPO Prohibition rules and with all track and trace requirements of the Drug Supply Chain Security Act. Pharmacy Purchasing Functions: Monitors and provides oversight of 340B purchasing activities and compliance with policy. Assists the buyer in drug selection and procurement. Uses the split billing system to provide the buyer with the information needed to place orders using the appropriate accounts (e.g. WAC, GPO, and 340B). Assists the buyer with monitoring par levels to effectively balance product availability and inventory control. Assists with annual inventory. Functions as the backup buyer. Maintains system databases to reflect changes in the drug formulary or product specifications. Maintains competencies required for current position: Responsible to stay current on 340B regulatory updates and incorporating them into the program. Participates in orientation, education, and training programs. Reviews literature and other materials as assigned. Completes all competency/skills assessment requirements annually or as directed.

Requirements

• High school diploma or equivalent.
• One (1) year experience working with 340B drug pricing program.
• Three to five (3-5) years of pharmacy technician experience in a hospital setting.
• Possess current Pharmacy Technician registration in the State of Tennessee.

Nice To Haves

• Bachelors degree in accounting, finance, business, or equivalent (preferred).

Responsibilities

• Performs all 340B audits.
• Monitors state claims for compliance, prevents duplicate discount rebates and evaluates patients program eligibility in mixed use areas or clinics by reviewing patient medical records, insurance plans, and hospital status.
• Analyzes financial data for additional 340B program cost savings and system improvements.
• Evaluates and implements these opportunities, as appropriate.
• Provides reports to document and communicate the financial impact of the program to hospital administration and other stakeholders.
• Builds additional reports, as appropriate, to monitor and improve 340B program compliance and performance.
• Maintains good working relationships with other hospital departments to facilitate communication.
• Provides data, information, and reports as needed.
• Tracks, trends, and reports pharmaceutical sales and purchases; perform statistical, cost, and financial analysis of data.
• Identifies root causes of adverse trends and makes recommendations to improve the programs financial stability.
• Works with IT and Informatics to ensure data integrity for the 340B program.
• Develops a thorough understanding of the split-billing system.
• Maintains 340B split-billing software integrity and reviews applicable reports to identify areas for improvement.
• Serves as the institutional compliance expert or authority on the 340B program.
• Provides oversight and maintenance of all 340B contracts.
• Ensures that the HRSA 340B Database is accurate for all organization entities and child sites.
• Develops and updates documents and processes for daily operations and monthly financial reporting; prepares reports based on the contract pharmacys revenue and expenses.
• Reviews and revises 340B program policies and procedures to reflect changes in the program, as appropriate.
• Ensures compliance with all GPO Prohibition rules and with all track and trace requirements of the Drug Supply Chain Security Act.
• Monitors and provides oversight of 340B purchasing activities and compliance with policy.
• Assists the buyer in drug selection and procurement.
• Uses the split billing system to provide the buyer with the information needed to place orders using the appropriate accounts (e.g. WAC, GPO, and 340B).
• Assists the buyer with monitoring par levels to effectively balance product availability and inventory control.
• Assists with annual inventory.
• Functions as the backup buyer.
• Maintains system databases to reflect changes in the drug formulary or product specifications.
• Responsible to stay current on 340B regulatory updates and incorporating them into the program.
• Participates in orientation, education, and training programs.
• Reviews literature and other materials as assigned.
• Completes all competency/skills assessment requirements annually or as directed.

Benefits

• Medical, dental, and vision
• Flexible Spending Account or Health Savings Account
• Vacation and sick time
• Continuing education: Eligible employees have access to a full complement of continuing-education courses as well as a wide variety of career development opportunities.
• 401(k) plans: CompleteRx offers a 401(k) plan with a company match.
• License Reimbursement
• Short and Long-Term Disability

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED