Pharmacy Analyst, 340B, Network Pharmacy

Pharmacy Analyst, 340B

Our team members are the heart of what makes us better. At Hackensack Meridian Health we help our patients live better, healthier lives and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It's also about how we support one another and how we show up for our community. Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

The Pharmacy Analyst, 340B will be responsible for ensuring 340B program compliance in HMH's 340B Discount Drug Program. This involves conducting daily and scheduled audits, as well as reviewing medication orders for replenishment. The role requires an in-depth review of data and analysis to ensure regulatory compliance and maximize program value in accordance with 340B policies and procedures. Audits will cover HMH's 340B mixed-use setting, retail, and contract pharmacy arrangements. The person in this role will work closely with the 340B Program Manager and other Pharmacy staff to ensure compliance and identify opportunities for growth in HMH's network-wide 340B pharmacy program.

A day in the life of a Pharmacy Analyst, 340B at Hackensack Meridian Health includes:

• Shares expertise and assists with training, education, and communication with staff and Program participants regarding updates to 340B policies and procedures.
• Audits all points of service where 340B participation occurs to ensure compliance with 340B program requisites, including entity and patient qualifications, and ensure consistent processes are followed across all.
• Audits purchasing records to ensure compliance.
• Audits utilization and 340B purchasing records to ensure software and/or tools are functioning properly.
• Assists with the implementation of action plans to correct 340B compliance deficiencies, if indicated. Participates in developing quarterly and annual 340B participation reports documenting utilization, savings, and exceptions or discrepancies.
• Audits of 340B formulary pricing, potential alternatives, and possible additional savings as a result of formulary and 340B prime vendor program on a routine basis.
• Helps to identify companies that offer 340B or equivalent pricing and develop strategies to maximize participation.
• Collaborates with the Information Technology Team on charge description master (CDM) changes for new products, product changes, etc., that ensures the efficiency and accuracy of the charge process.
• Performs audits or compliance assessments of specific areas and products to ensure the accuracy of CDM.
• Utilizes, and maintains a working knowledge of computerized systems, split-billing software programs, and specialized equipment and technologies utilized in operations related to the 340B program in collaboration with the Pharmacy 340BP program Manager and Information Services.
• Effectively and continually maintain open lines of communication with all staff and management involved with the 340B program. Provides timely and accurate communication, both written and verbal as appropriate, regarding changes and continuous quality improvement activities, including goals and objectives of the 340B program. Reports any deficiencies identified during auditing and review for appropriate resolution.
• Other duties and/or projects as assigned.
• Adheres to HMH Organizational competencies and standards of behavior.

Education, Knowledge, Skills and Abilities Required:

• High school diploma, general equivalency diploma (GED), and/or GED equivalent programs.
• A minimum of 3 or more years of experience as a Pharmacy Technician, Buyer, Analyst or Auditor.
• Excellent written and verbal communication skills.
• Proficient computer skills that may include but are not limited to Microsoft Office and/or Google Suite platforms.

Education, Knowledge, Skills and Abilities Preferred:

• Bachelor's Degree.
• Knowledge of regulatory requirements of the 340B program, CMS/Medicaid, and reimbursement is a plus.

Licenses and Certifications Preferred:

• 340B Apexus Certified Expert (ACE)

If you feel that the above description speaks directly to your strengths and capabilities, then please apply today!

Compensation Minimum rate of $82,513.60 Annually HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market-competitive total rewards package. The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted hourly rates may be stated as an annual salary in the offer and posted annual salaries may be stated as an hourly rate in the offer, depending on the level and nature of the job duties and credentials of the candidate. The base compensation determined at the time of the offer may be different than the posted rate of pay based on a number of non-discriminatory factors, including but not limited to:

• Labor Market Data: Compensation is benchmarked against market data to ensure competitiveness.
• Experience: Years of relevant work experience.
• Education and Certifications: Level of education attained, including specialized certifications, credentials, completed apprenticeship programs or advanced training.
• Skills: Demonstrated proficiency in relevant skills and competencies.
• Geographic Location: Cost of living and market rates for the specific location.
• Internal Equity: Compensation is determined in a manner consistent with compensation ranges for similar roles within the organization.
• Budget and Grant Funding: Departmental budgets and any grant funding associated with the job position may impact the pay that can be offered.

Some jobs may also be eligible for performance-based incentives, bonuses, or commissions not reflected in the starting rate. Certain positions may also be eligible for shift differentials for work performed on evening, night, or weekend shifts. In addition to our compensation for full-time and part-time (20+ hours/week) job positions, HMH offers a comprehensive benefits package, including health, dental, vision, paid leave, tuition reimbursement, and retirement benefits.

Hackensack Meridian Health (HMH) is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to age, race, color, creed, religion, sex, sexual orientation, gender identity or expression, pregnancy, breastfeeding, genetic information, refusal to submit to a genetic test or make available to an employer the results of a genetic test, atypical hereditary cellular or blood trait, national origin, nationality, ancestry, disability, marital status, liability for military service, or status as a protected veteran.

Hackensack Meridian Health (HMH) is a Mandatory Influenza Vaccination Facility

As a courtesy to assist you in your job search, we would like to send your resume to other areas of our Hackensack Meridian Health network who may have current openings that fit your skills and experience.