340B Revenue Specialist

Reports to: Director of Finance Technology & Data Resources

About the role

The 340B Revenue Specialist is responsible for the data transfer from the agency’s electronic medical records system (EcW), into Sage Intacct, and processing payment data from third-party administrators (TPAs). This role supports the Director of Finance Technology & Data Resources (DFT), in all aspects of 340B data recognition and is responsible for consistently following existing protocols for 340B revenue & payment recognition. The 340B Revenue Specialist will assist in analyzing & reporting outstanding scripts and is required to follow up, as needed, to ensure qualified scripts are reimbursed.

Responsibilities

• Access data to capture monthly revenue activity, as revenue estimates for 340B
• Record drug expense estimate, based on revenue entry, to recognize inventory reduction
• Recognize 340B inventory purchases clearing the Pharmacy bank account
• Coordinate with DFT, to true up inventory general ledger, to TPA inventory
• Utilize TPA payment data to create reversal of applicable revenue estimates, and entry of revised, actual revenue (net adjustment) in the current open month
• Record dispensing and administrative fees from TPAs
• Record payment information from TPA and apply to script-level receivables
• Analyze outstanding and unpaid scripts
• Follow through to complete script qualifications and/or to communicate to TPA, for additional information
• Work with DFT to ensure