340B Audit & Compliance Analyst @WVU Medicine
Finance
Salary unspecified
Remote Location
๐Ÿ‡บ๐Ÿ‡ธ USA Only
Employment Type full-time
Posted 3d ago

[Hiring] 340B Audit & Compliance Analyst @WVU Medicine

3d ago - WVU Medicine is hiring a remote 340B Audit & Compliance Analyst. ๐Ÿ’ธ Salary: unspecified ๐Ÿ“Location: USA

Role Description

This position is responsible for assisting with the coordination of the 340B Drug Pricing Program for all qualified entities throughout the WVU Medicine Health System. The primary focus of this position is to review operating and regulatory compliance procedures and controls to ensure proper application of laws and requirements are met for continued eligibility for the 340B Program. Such review includes ongoing internal audit functions, data analysis, and operation review. Independent audits and appraisals are designed to assist the leadership of WVUHS to meet the 340B Drug Pricing Program goals of regulatory compliance, program effectiveness and program excellence.

Qualifications

  • High School Diploma or Equivalent.
  • Three (3) years of healthcare, finance, or pharmacy experience.
  • Associateโ€™s or Bachelorโ€™s degree in Information Technology, Business Management, or Hospital Administration (preferred).
  • Nationally Certified Pharmacy Technician (preferred).
  • Apexus Advanced 340B Operations Certificate (preferred).
  • 340B Drug Pricing Program experience (preferred).
  • Experience in data analysis, audit process and reporting (preferred).
  • Hospital or retail pharmacy experience (preferred).

Requirements

  • Develops systems and processes to limit program liabilities and provides proper audits to identify risk and prevent duplicate discounts and diversion.
  • Reviews and monitors utilization records and 340B purchasing accounts to ensure software or tools are working properly and accurately, performing audits or compliance assessments to validate processes.
  • Monitors monthly and annual reports on 340B Program participation which clearly documents utilization, savings, problem areas and exceptions or discrepancies.
  • Performs monthly compliance audits of contract pharmacies, hospital owned retail pharmacies, specialty pharmacies and hospital mixed use pharmacy to ensure that all 340B HRSA regulations are upheld.
  • Performs monthly compliance audits of patient eligibility, provider eligibility, and location eligibility.
  • Monitors purchasing records where 340B participation occurs, clearly documenting utilization, savings, problem areas and exceptions or discrepancies, to be shared with pharmacy leadership, Finance and Administration.
  • Maintains 340B Program software to ensure appropriate products are mapped to the appropriate charge code and in the correct ratio as well as maintain system when new charge codes are created.
  • Responsible for daily maintenance of the 340B Split Billing Software. Responsible for the testing and validation of the 340B Split Billing Software and its communication with pharmacy software.
  • Monitors purchases for contract compliance, 340B compliance, and accurate pricing.
  • Assists WVUHS covered entities with reporting, data requests and other inquiries as necessary.
  • Responsible for uploading purchase data to 340B Split Billing Software on a monthly basis for all purchases made outside of the wholesaler.
  • Performs monthly audit to verify mapping is correct in the 340B Split Billing Software.
  • Provides purchaser(s) throughout the system with information and assistance needed to place orders using the appropriate accounts to maximize the 340B benefit.
  • Reviews product accumulation in split-billing software to ensure proper accumulations and identify negative trends.
  • Reviews ineligible claim data to ensure maximum benefit and identification of third-party administrator claim processing issues.
  • Responsible for single dose vial reporting and monthly input of single dose vial waste into split-billing software.
  • Responsible for updating any changes to charge code billing units from Epic into the split-billing software for accuracy and consistency.
  • Creates ad hoc reports to support program optimization and compliance.
  • Performs targeted audits, negative audits, referral process development and reviews suspect pending claims to find additional eligibility.
  • Completes accumulator reviews and targeted audits to ensure compliance.

Physical Requirements

  • While performing the duties of this position, the employee may be required to sit for long periods of time.
  • Extended periods of computer and telephone usage.
  • Must be able to move throughout the department work areas.

Working Environment

  • Standard office environment.

Skills and Abilities

  • Ability to handle and maintain confidential information.
  • Ability to work independently or cooperatively as a team member.
  • Ability to adapt to various workloads and assignments.
  • Must possess analytical and problem-solving skills.
  • Must have effective verbal and written communication skills, as well as interpersonal skills necessary to communicate effectively with all levels of management.
  • Ability to interpret and analyze data.
  • Understanding basic computer programs and knowledge of MS Office applications including Word, PowerPoint, Excel and Outlook.

Additional Job Description

  • Scheduled Weekly Hours: 40
  • Shift: Exempt/Non-Exempt
  • United States of America (Non-Exempt)
  • Company: SYSTEM West Virginia University Health System
  • Cost Center: 248 SYSTEM 340B Pharmacy Admin
Before You Apply
๏ธ
๐Ÿ‡บ๐Ÿ‡ธ Be aware of the location restriction for this remote position: USA Only
โ€ผ Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
340B Audit & Compliance Analyst @WVU Medicine
Finance
Salary unspecified
Remote Location
๐Ÿ‡บ๐Ÿ‡ธ USA Only
Employment Type full-time
Posted 3d ago
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๐Ÿ‡บ๐Ÿ‡ธ Be aware of the location restriction for this remote position: USA Only
โ€ผ Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
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