340B Analyst (Pharmacy)
LCMC HealthAbout the role
Your job is more than a job
Why a Great Place to Work
You’re more than your job. Everyone is. And that’s what makes you great at your job—all the little extras you bring to work every day, the things that make you you. At LCMC Health we value those things about you, because we know that all those little extras add up to extraordinary. And we’ve built a culture that supports and celebrates the extraordinary. You’ll see it when you come to work here, in the spirit of our places and the faces of our people. And every patient we heal, every family we comfort, every life we improve is the outcome of countless little extras adding up to an extraordinary result. Join LCMC Health, and you’ll find that our everyday makes it easy to live your extraordinary.
GENERAL DUTIES
- Coordinates the 340B Drug Pricing Program and maintains the program’s standards.
- Ensures HRSA requirements for program qualifications are met.
- Works to continuously improve 340B program performance through program surveillance and identification program optimizations.
- Serves as first step in scoping and escalating discovered operational or compliance issues in collaboration with internal audits and the 340B Auditors.
- Communicates and escalates compliance issues or gaps in 340B program operations.
- Ensures compliant purchasing of 340B medications and provides real-time guidance to pharmacy buyers and staff on purchasing, inventory management, and other practices which maximize 340B compliance and savings.
- Assists covered entity leadership to provide ongoing training, education and communication required for the 340B program at the entity.
- Develops internal (LCMC Health and covered entity healthcare personnel, administrations, leadership, etc.) and external (Office of Pharmacy Affairs/Health Resources and Services Administration, Apexus, wholesalers, drug manufacturers, non-LCMC Health healthcare professionals, etc.) customer service relationships for effective program management.
Reporting and Analysis
- Creates/maintains monthly reports of 340B program metrics and financial savings.
- Analyzes monthly reports, completes monthly variance reporting, and identifies cost savings and system improvements to maximize compliance.
Covered Entity Liaison Duties
- Serves as primary internal liaison to ensure appropriate utilization of the 340B program and compliance with all program requirements.
- Escalates any identified compliance issues to covered entity stakeholders and the 340B Manager.
- Develops action plans to mitigate and/or remove any potential or identified compliance concerns and works to implement approved programmatic changes.
- Participates in sub-committees of the 340B Executive Oversight Committee to develop and update policies and procedures for the 340B program.
- Provides education to covered entity pharmacy team and works to ensure pharmacy operations are in alignment with the 340B policies and procedures.
- Works with affiliated departments (finance, information technology, medical staffing office, etc.) to ensure 340B program integrity.
- Provides ongoing compliance coaching to 340B staff and participants.
- Participates in system 340B committees and with covered entity leadership to develop a comprehensive internal audit plan.
- Conducts regular 340B internal audits and data analysis to identify risk and prevent a compliance breach.
- Documents audit completion/results and communicate results and escalate issues to identified parties.
- Monitors 340B regulations and legislation, attend ongoing trainings/conferences to help ensure continued compliance with current regulations.
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