Analyst, 340B Program at ChristianaCare
Wilmington, DE
About the Job
ChristianaCare will not sponsor applicants for this position for an employment visa now or in the future.
Do you want to work at one of the top 100 hospitals in the nation?
Our amazing Pharmacy Team dispenses approximately 6,200,000 individualized patient doses per year, as well as 170,000 retail/mail order prescriptions. We provide medications that are safe and efficacious.
Life is full of choices, and whom you work for is one of life's most meaningful decisions. ChristianaCare has earned national recognition for excellence. Choose an organization that provides career advancement and the opportunity to impact health. Come and join us in the ChristianaCare Pharmacy - Dedicated to getting the right drug to the right patient at the right time!
ChristianaCare is recruiting for an Analyst for the Pharmacy 340B program. As the Analyst, you will manage data analytics for the 340B program and provide reports, recommendations, and analysis. This position is integral to the ChristianaCare pharmacy supply chains and our requirement to comply with regulatory guidance from the Health Resource and Services Administration (HRSA), the federal agency responsible for oversite of the 340B program.
Principal Duties and Responsibilities:
- Assist with the day-to-day management of the 340B program
- Become proficient with the reporting tools in the pharmacy split billing software and be able to provide data to pharmacy leaders and ChristianaCare Senior Leadership upon request
- Provide quarterly reports to pharmacy management reflecting utilization patterns, historical cost savings, and additional cost savings opportunities
- Monitor the purchases and replenishment of medications through the 340B account and the pharmacy WAC account to ensure that there is no diversion of drug product
- Work in conjunction with the 340B Coordinator to ensure that the pharmacy split billing software is updated and accumulating appropriately
- Perform annual inventory of 340B purchased agents to ensure satisfaction of HRSA requirements
- Monitor quarterly price changes to ensure that ChristianaCare purchases the most inexpensive drugs available on the market
- Maintain system databases to reflect changes in the drug formulary or product specifications
- Monitor ordering processes, integrating most current pricing from wholesaler, and analyze invoices, shipping, and inventory processes
- Continuously monitor 340B wholesaler account and make purchasing recommendations to allow the pharmacy to take advantage of savings opportunities
- Work in coordination with floor stock staff and auditors to cycle count inventory of all 340B procured medications on a monthly basis
- Manage max and par levels to effectively balance product availability and cost-efficient inventory control
Education and Experience Requirements:
- Bachelor of Science in Finance, Business, Accounting, or other healthcare related field
- Master’s Degree preferred
- Previous experience with managing data and performing data analytics required
- Experience in hospital or retail pharmacy is preferred
- Previous 340B analytic experience highly desired
- Ability to analyze data and identify issues, trends, and exceptions
- Experience with solving complex business issues and recommending solutions
- Ability to organize, prioritize, and perform complex financial duties
- Exceptional problem-solving skills
- Ability to learn all aspects of 340 B program administration as established by HRSA
- Knowledge of federal and state laws governing pharmacy practice in a 340 B environment
This position may require some travel to conferences, meetings, or other facilities that have a 340B program.
ChristianaCare Offers:
Incredible Work/Life benefits including medical/dental/ vision insurance coverage on your first day of employment, paid PTO, retirement plans, twelve weeks of paid parental leave, annual membership to care.com, access to backup care services for dependents through Care@Work, retirement planning services, financial coaching, fitness and wellness reimbursement, and great discounts through several vendors for hotels, rental cars, theme parks, shows, sporting events, movie tickets and much more!