Jobs · Finance · Illinois

Pharmacy 340B Program Audit Analyst - Full-Time, Days

UChicago Medicine · Chicago, IL · 1 mo ago
HybridFinanceFull-time

About the role

Be a part of a world-class academic healthcare system, UChicago Medicine, as a Pharmacy 340B Program Audit Analyst. This is a remote/hybrid position.

Responsibilities

  • Auditing to ensure qualifications for the program are met and maintained
  • Auditing to ensure that related records are complete and accurate
  • Auditing to ensure all primary objectives as defined by leadership are consistently achieved
  • Compliance Audits - Assuring all use of 340(b) throughout the institution (including retail and contract pharmacies) is fully compliant with all federal regulations and related interpretations for the program
  • Maximum Participation Audits - Assuring the institution is achieving maximum utilization of 340(b) pricing through full participation in all qualified areas with all applicable products, including inpatient contracts, to ensure greatest cost savings returns throughout the institution
  • Efficiency of 340(b) Processes Audits - Assuring that all policies, procedures, and related approaches to 340(b) include the most efficient use of resources
  • Attend 340(b) conferences, routinely monitor Apexus, 340B Health, OPA and other industry-related publications and websites as well as the professional media, literature, and peers to assure the institution has the latest information regarding interpretations, rulings, suggestions, and advanced ideas for ensuring audit activities are comprehensive and align with compliance objectives
  • Audit and monitor all points of service (ex. Retail, Specialty, Emergency Department, Contract, etc.) where 340(b) participation occurs to ensure policies and procedures are followed, entities qualify and all patients qualify as “covered patients”
  • Audit and monitor utilization records and 340(b) purchasing accounts to ensure software or tools are working properly and accurately, performing audits or compliance assessments internally as needed; also support external compliance assessments where appropriate with outside firms to validate internal processes
  • Develop and routinely monitor monthly and annual audit reports on 340(b) participation which clearly documents audit findings, problem areas and exceptions or discrepancies, to be passed to pharmacy leadership and administration for final resolution
  • Provide insight into consistent policies and procedures for 340(b) that assure productivity and efficiency so that long-term management of the program does not hamper operations and/or create unnecessary costs
  • Assist in developing and routinely monitoring monthly and annual audit reports on 340(b) participation which clearly documents audit findings, problem areas and exceptions or discrepancies, to be passed to pharmacy leadership and administration for final resolution
  • Support proper implementation that assures full compliance without additional steps, paperwork, or manpower, including the proper use of software or related tools to manage a virtual inventory

Qualifications

  • Bachelor’s degree in finance, Business or Accounting with exposure or limited experience with 340B program experience including 340B Prime Vendor Certification
  • Minimum three years’ experience in business analysis in a healthcare environment
  • Teamwork and strong collaboration skills
  • Proven success in the following job competencies: Auditing, analysis, and reporting, Communication and presentation skills, Customer focus and relationship building, Analytical, problem solving and decision-making skills

Preferred Qualifications

  • IL Tech License
  • Epic experience

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