Data Analyst - 340B Compliance

University of Mississippi Medical Center•Jackson, MS

2d•Onsite

About The Position

The 340B Pharmacy Compliance Analyst is responsible for providing ongoing program development and coordination support for the University of Mississippi Medical Center's 340B Programs. The 340B Program Analyst's key areas of responsibility will include but not be limited to: oversight of 340B drug purchasing, inventory processes, adherence to policy and procedures, audits, reporting, split billing software maintenance, contract pharmacy programs and all areas of 340B regulatory compliance.

Requirements

Bachelor's degree in health management, finance, business, or related field OR High School diploma and Four years of pharmacy tech experience that is deemed sufficient for providing leadership and ownership of 340B analyst functions OR 1 year of 340B analyst work experience.
Excellent verbal and communication skills.
Familiarity with personal computers and software applications, specifically excel.
Conceptual and analytical problem solving skills.

Nice To Haves

Preference for previous experience in 340B activities.

Responsibilities

Conducts 340B audits and ensures facility maintains adherence to 340b regulations and guidelines, including Medicaid.
Monitor and audit claims to ensure compliance.
Ensure compliance with 340B Program requirements for qualified patients, drugs, and locations in coordination with 340B compliance coordinator.
Ensures readiness for HRSA and manufacturing audits.
Develop a thorough understanding of the split-billing system and the functions to be performed.
Educate others involved in the purchasing process to ensure proper operation and compliance.
Coordinate purchasing for split inventory within internal and contract pharmacies.
Review and ensure compliance with all aspects of the 340b inventory purchasing process for the applicable inpatient and outpatient pharmacies.
Assess opportunities for cost savings and system improvements to yield higher compliance.
Develop a thorough understanding of the 340B Program.
Strive to consistently improve the overall efficiency, value, and internal support of the 340B Program.
Continue to build knowledge of the health care and pharmacy services industry, and use that knowledge to identify ways and make recommendations to improve the 340B Program.
Develop reports that can be used to educate staff and assist management in monitoring and tracking the overall financial impact and performance of the 340B program.
Maintain copies of reports for compliance and audit purposes.
Identify root causes of adverse trends and make recommendations for improvement.
Maintain policies and procedures for 340B purchasing processes on an ongoing basis to ensure compliance.
Develop policies and processes in coordination with 340b compliance coordinator to limit program liabilities and provide proper audits to identify risk and prevent duplicate discounts and diversion.
Develop proper 340B quality assurance training for employees as appropriate.