Pharmacy 340B Analyst - Froedtert South, Inc.

POSITION PURPOSE

• Responsible for ensuring 340B program compliance by conducting routine self-audits, assist pharmacy business manager in analyzing data, identifying trends, and provide insights to optimize program performance. The position will require a strong understanding of pharmaceutical operations, healthcare regulations, and data analysis techniques.

SITE(S)

• Froedtert Pleasant Prairie Hospital and Clinic Buildings

MINIMUM EDUCATION REQUIRED

• High school diploma or equivalent is required,
• Certificate or degree in healthcare, data management or analytics are desirable.

MINIMUM EXPERIENCE REQUIRED

• Experience in hospital or retail pharmacy, pharmacy operations, audit, inventory management, healthcare compliance, or a related field is preferred.
• Understanding and experience with 340B program requirements, regulations, and compliance standards is preferred.

LICENSES / CERTIFICATIONS REQUIRED

• Wisconsin pharmacy technician license is required.

SUPERVISES

• N/A

KNOWLEDGE, SKILLS & ABILITIES REQUIRED

• Excellent analytical, problem-solving, critical thinking skills and ability to work independently is highly desired.
• Proficiency in data analysis tools and techniques, including Excel, SQL and/or data analytics tools are preferred.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
• Detail-oriented with the ability to manage multiple priorities in a fast-paced environment.
• Experience working with electronic health records (EHR) systems and pharmacy management software preferred.

PRINCIPLE ACCOUNTABILITIES AND ESSENTIAL DUTIES

• Perform regular self-audits of 340B program transactions and records to ensure compliance with program requirements and regulations.
• Assist pharmacy business manager in monitoring and maintaining the integrity of the hospital's 340B program, including oversight of purchasing, inventory management, and distribution processes.
• Participate in the designing and implementation of 340B program related savings, utilization, exceptions, and discrepancies reports.
• Analyze pharmaceutical purchasing data, medication utilization patterns, and patient eligibility criteria to identify opportunities for program optimization and cost savings.
• Learn and stay updated on various software and technology requirements needed to successfully run 340B program.
• Collaborate with cross-functional teams including pharmacy, finance, and compliance to identify and implement process improvements and risk mitigation strategies.
• Stay updated on regulatory and statutory changes and requirements pertaining to 340B program.
• Assist the team in external audits and inquiries related to the 340B program, providing documentation and support as required.
• Participate in quality improvement, trend analysis and other projects as deemed necessary by pharmacy business manager.
• Other duties as assigned by the pharmacy director or manager.

PI241081243