340B Analyst

LCMC Health; New Orleans (LA); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Equal opportunity employer

Delivery of compassionate healthcare

Lagniappe in your work

Job summary

LCMC Health seeks a 340B Analyst to ensure program compliance, integrity, and financial optimization across the covered entities.

You will manage the 340B Program, coordinate software systems, support daily operations, train staff, and collaborate with auditors to document audits and strengthen 340B policies.

Qualifications

• Associates Degree in Healthcare Administration/Business, Finance, Information Technology/Analytics, Pharmacy, or a related field.
• 340B University Certificate (Live/On Demand) required.
• Minimum 1 year of pharmacy 340B experience.
• Preferred 2 years in analytics, auditing, or business.

Responsibilities

• Coordinates the 340B Drug Pricing Program and maintains program standards.
• Ensures HRSA requirements for program qualifications.
• Improves 340B performance through surveillance and optimization.
• Serves as first point to scope/escalate issues with internal audits and auditors.
• Communicates and escalates compliance gaps in operations.
• Guides purchasing and inventory to maximize 340B compliance and savings.
• Provides ongoing education/training on the 340B program.
• Develops internal and external relationships for program management.
• Creates monthly reports of 340B metrics and savings.
• Analyzes reports, performs variance analysis, identifies cost savings.

Skills

Analytical skills

Communication

Customer service

Education

Associates Degree in Healthcare Administration/Business/Finance/IT/Analytics/Pharmacy

Tools

Split billing software

EMR integration

Office reporting/Excel

Job description

Your job is more than a job

The 340B Analyst is responsible for 340B compliance, program integrity, and financial optimization of the program within the covered entity(ies) participating in the 340B Drug Discount Program. The 340B Analyst will be tasked with program management and coordination, configuration and maintenance of software systems, providing support for the daily operations of the covered entity to maintain compliant 340B practices, and other projects as assigned by the 340B Program Manager. The 340B Analyst will work alongside 340B Auditor to complete, validate, and document completed audits related to program compliance. The 340B Analyst is also responsible for ensuring continuous alignment between covered entity operations and 340B Policies and Procedures. To accomplish these roles, the 340B Analyst must establish and maintain excellent customer service relations with individuals, committees, and other associated stakeholders in the 340B Program.

GENERAL DUTIES

• Coordinates the 340B Drug Pricing Program and maintains the program’s standards.
• Ensures HRSA requirements for program qualifications are met.
• Works to continuously improve 340B program performance through program surveillance and identification program optimizations.
• Serves as first step in scoping and escalating discovered operational or compliance issues in collaboration with internal audits and the 340B Auditors.
• Communicates and escalates compliance issues or gaps in 340B program operations.
• Ensures compliant purchasing of 340B medications and provides real-time guidance to pharmacy buyers and staff on purchasing, inventory management, and other practices which maximize 340B compliance and savings.
• Assists covered entity leadership to provide ongoing training, education and communication required for the 340B program at the entity.
• Develops internal (LCMC Health and covered entity healthcare personnel, administrations, leadership, etc.) and external (Office of Pharmacy Affairs/Health Resources and Services Administration, Apexus, wholesalers, drug manufacturers, non-LCMC Health healthcare professionals, etc.) customer service relationships for effective program management.

Reporting and Analysis

• Creates/maintains monthly reports of 340B program metrics and financial savings.
• Analyzes monthly reports, completes monthly variance reporting, and identifies cost savings and system improvements to maximize compliance.

Covered Entity Liaison Duties

• Serves as primary internal liaison to ensure appropriate utilization of the 340B program and compliance with all program requirements.
• Escalates any identified compliance issues to covered entity stakeholders and the 340B Manager.
• Develops action plans to mitigate and/or remove any potential or identified compliance concerns and works to implement approved programmatic changes.
• Participates in sub-committees of the 340B Executive Oversight Committee to develop and update policies and procedures for the 340B program.
• Assists in development and delivery of education to covered entity pharmacy team and works to ensure pharmacy operations are in alignment with the 340B policies and procedures.
• Works with affiliated departments (finance, information technology, medical staffing office, etc.) to ensure 340B program integrity.
• Provides ongoing compliance coaching to 340B staff and participants.
• Participates in system 340B committees and with covered entity leadership to develop a comprehensive internal audit plan.
• Conducts regular 340B internal audits and data analysis to identify risk and prevent a compliance breach.
• Documents audit completion/results and communicate results and escape issues to identified parties.
• Monitors 340B regulations and legislation, attend ongoing trainings/conferences to help ensure continued compliance with current regulations.

Pharmacy Affairs Subject matter expert

• Works collaboratively with other pharmacy 340B team members and become a subject matter expert in one or more of the following fields: Contract Pharmacy, Policy and Procedure, Data & Reporting, Compliance (Audits), and/or 340B Split Billing Software.

Split Billing Software

• Serve as the split billing software expert in order to troubleshoot software issues and continually improve software functionality.
• Works with appropriate teams to ensure that the 340B software is coordinated and integrated with the clinical information system software. This shall include the electronic interface between the EMR and the virtual accumulator and any interface between LCMC Health and contract pharmacy providers and/or administrators.
• Ensures integrity of split billing software and reviews applicable software reports to identify areas of improvement.
• Ensures covered entity is successfully utilizing the split billing software to place orders in a compliant manner which demonstrates cost savings for the ministry.
• Triages live-site issues within the split billing software, electronic medical record, or charge master as it relates to 340B.
• Collaborates with Epic charge team and charge master managers on a corrective action plan and participate in the implementation of any necessary changes.
• Coordinates covered entity issue resolution process with split billing software vendor.
• Ensures appropriate split billing software configurations are in place and continually update software to ensure alignment with LCMC Health Policies

Experience Qualifications

Minimum Required: 1 years’ experience with pharmacy 340B

Preferred: 2 years’ experience in business, analytics, or auditing

Education Qualifications

Associates Degree in Healthcare Administration/Business, Finance, Information Technology/Analytics, Pharmacy, or a related field

LICENSES AND CERTIFICATIONS

Required: 340B University Certificate (Live/On Demand)

Preferred: 340B Advanced Operations Certificate

Preferred: Pharmacy Technician Louisiana State Board of Pharmacy

Work Shift

Days (United States of America)

LCMC Health is a community.

Our people make health happen. While our NOLA roots run deep, our branches are the vessels that carry our mission of bringing the best possible care to every person and parish in Louisiana and beyond and put a little more heart and soul into healthcare along the way. Celebrating authenticity, originality, equity, inclusion and a little “come on in” attitude is the foundation of LCMC Health’s culture of everyday extraordinary

Your extras

• Deliver healthcare with heart.
• Give people a reason to smile.
• Put a little love in your work.
• Be honest and real, but with compassion.
• Bring some lagniappe into everything you do.
• Forget one‑size‑fits‑all, think one‑of‑a‑kind care.
• See opportunities, not problems – it’s all about perspective.
• Cheerlead ideas, differences, and each other.
• Love what makes you, you - because we do

You are welcome here.

LCMC Health is an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.

The above job summary is intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. LCMC Health reserves the right to amend and change responsibilities to meet organizational needs as necessary.