Pharmacy Finance Coordinator

About the role

The UW Medical Center-Montlake Pharmacy Department is seeking a highly-motivated Pharmacy Finance Coordinator.

Responsibilities

• Evaluate the financial impact of new and existing business opportunities including new payer and PBM contracts, new services, and new drug therapies in collaboration with pharmacy leadership and UW Medicine leadership as well as UWM Finance team.
• Perform financial analysis for the President of UW Medicine Hospitals and Clinics.
• Work closely with Pharmacy ITS team and Finance to integrate pharmacy data sources with other clinical and financial data to improve patient level clinical and financial data for use in Health System business planning.
• Assist pharmacy staff and leadership navigating clinical and financial systems, for example providing demographic data for drug analysis or building demographic projections for use in clinical planning.
• Develop the annual price increase recommendation including modeling potential price changes and the impact on charges and reimbursement.
• Performs ad hoc reimbursement analysis for drugs and subsets of drugs as needed for decision making.
• Develop routine and ad hoc pharmacy reporting from Pharmacy and Financial systems to assist in managing pharmacy operations.

Qualifications

• Bachelor's degree in Business, Finance, or Accounting and 10 years of experience in healthcare finance in a multi-hospital health system with leadership and program management roles.
• In-depth knowledge of pharmacy business planning and budgeting, financial reporting and analysis, and decision support.
• Knowledge of hospital and pharmacy pricing and reimbursement methodologies including 340B considerations.
• Experience working with executive teams and analyzing and interpreting complex data to executive teams for decision making.