340B Financial Analyst

NORTH ARKANSAS REGIONAL MEDICAL CENTER•Harrison, AR

About The Position

340B Financial Analyst Drive Financial Integrity and 340B Compliance Excellence North Arkansas Regional Medical Center (NARMC) is seeking a detail-oriented and analytical 340B Financial Analyst to oversee and ensure the financial accuracy, reconciliation, and reporting of all 340B and Health Transformation Department activities. This role plays a critical part in protecting revenue integrity, ensuring contract compliance, and supporting informed decision-making across the organization. About Us At North Arkansas Regional Medical Center (NARMC), we are committed to delivering high-quality, patient-centered care to the communities we serve. Our Health Transformation Department leads innovative initiatives that strengthen 340B compliance, revenue cycle durability, fiscal transparency, and value-based care outcomes across our organization. Job Summary The 340B Financial Analyst manages, reconciles, and reports all financial transactions related to the 340B Contract Pharmacy Program and Health Transformation service lines. This position collaborates closely with Pharmacy, Accounting, Finance, Business Office, and Contract Pharmacy leaders to ensure billing accuracy, contract adherence, financial reporting integrity, and alignment with organizational policy.

Requirements

High School Diploma or equivalent
Associate’s degree in Accounting or equivalent combination of education and experience
Two years of accounting, finance, or related business experience
Completion of Apexus 340B University OR ability to complete within 90 days of hire
Strong analytical, organizational, and problem-solving skills
Proficiency in Microsoft Excel and Microsoft Office
Excellent written, verbal, and interpersonal communication skills

Nice To Haves

Bachelor’s degree in Finance, Accounting, Business, Healthcare Administration, or related field
Healthcare finance, pharmacy revenue cycle, or 340B program experience
1–2 years Meditech experience
1–2 years 340B split billing software experience
340B Apexus Certified Expert (340B ACE) certification
ASHP Pharmacy Revenue Cycle Management Certificate
Familiarity with Lean or Six Sigma methodologies
Leadership or project management experience in healthcare or business setting

Responsibilities

Reconcile all financial transactions associated with 340B Contract Pharmacy activities
Reconcile Health Transformation service line financial activity
Audit real-time claims data to ensure accuracy and compliance
Prepare, draft, and distribute invoices including direct-to-employer billing
Communicate with Contract Pharmacy leaders to ensure timely billing and collections
Monitor and review 340B contract pharmacy invoices for financial accuracy and contract adherence
Enter financial data into Meditech for monthly reconciliation reporting
Prepare monthly financial reports for 340B and Health Transformation programs
Ensure accurate general ledger coding and policy compliance
Identify, research, and resolve financial discrepancies
Utilize Excel, Meditech, third-party administrator systems, and 340B financial platforms
Report financial performance to leadership in a clear and concise manner
Maintain strict confidentiality of patient and hospital financial data

Benefits

Multiple health plan options (PPO and HDHP) with coverage through NARMC Domestic Network and Cigna Health Plan.
Dental and vision coverage through Delta Dental and Delta Vision of Arkansas.
Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) available.
Basic life insurance ($40,000) and AD&D provided at no cost; voluntary life options available.
Short-term and long-term disability coverage offered.
Accident and critical illness insurance through Lincoln Financial.
401(k) retirement plan with up to 3.5% company match, vested over 5 years.
Paid Leave Bank (PLB) and Extended Illness Bank (EIB) with accrual based on service years.
Employee Assistance Program (EAP) and First Stop Health 24/7 counseling services.
AirMed/Mercy Life Flight membership for eligible staff and families.
On-site wellness center and discounted membership at Planet Fitness.
Tuition reimbursement and support for continuing education.
Employee referral bonuses and internal promotion opportunities.
Pet insurance and identity theft protection available.
Discounts on prescriptions, cafeteria meals, gift shop items, and local thrift store purchases.