Sr Financial Analyst - Pharmacy

MyMichigan Health•Midland, MI

1d•Hybrid

About The Position

This is a hybrid position. The Sr Financial Analyst – Pharmacy Operations would provide end to end financial analysis across acquisition, and reimbursement processes. Investigate pharmacy drug spend across health system for all settings (hospital, outpatient, home) and identify opportunities to leverage various discount programs (GPO, 340B, etc.). Additionally, research billing requirements for drug reimbursement and develop/maintain modeling of expected payments on drugs/pharmacological supplies for third party payors and follow-up on identified variances.

Requirements

Bachelor’s Degrees, Business related field required.
Knowledge of data analysis interpretation, writing skills, and complete knowledge of Microsoft Suite required.
Ability to work in teams in a collaborative manner.
Creative, flexible, open to change, results-oriented, organized.
Demonstrates critical thinking and ability to resolve problems.
Strong understanding of statistical methods.
Excellent interpersonal and relationship building skills.
Ability to understand and apply current available databases to hospital practice patterns.
Demonstrated ability of project management.
Demonstrate a positive, courteous, and helpful attitude toward co-workers within and outside of the department.
Tuberculosis (TB) testing must be done according to MIOSHA (Michigan Occupational Safety Health Administration) standards.
Mandatory Occupational Safety and Health Administration (OSHA) training must be completed annually according to the Exposure Control Plan.

Nice To Haves

Experience with financial system, integrated financial decision support system with clinical components, strongly preferred.

Responsibilities

Assists pharmacy leaders in preparing annual operating budget and explain monthly variances
Prepares cost/acquisition analysis for pharmacy departments as requested with the time frames stated.
Prepares drug reimbursement analysis for pharmacy departments as requested with the time frames stated.
Demonstrates understanding of integrated system applications particularly enterprise resource planning (Infor) and electronic medical records /pharmacy inventory system(Epic).
Facilitates the collection of accurate and complete data.
Assures integrity of data is developed and maintained.
Audits and consults with users to ensure data integrity.
Develops system to gather data to support medical staff activities such as drug utilization, wholesaler account contract discrepancies, surgical case review, infection control, etc.
Prepare and present findings to pharmacy operations and finance leaders.
Takes initiative to take on extra assignments or to assist others during periods of increased activity.
Demonstrate competency in Microsoft® Windows.
Participate in further learning opportunities offered by MyMichigan Health.