Pharmacy Financial Analyst

Palomar Health; Escondido (CA); On-site; USD 80,000 - 121,000; Full time

Job summary

Palomar Health in Escondido, California seeks a Pharmacy Financial Analyst to serve as the pharmacy financial analytics lead for the health system, focusing on analytics, reporting, and revenue cycle.

This role monitors day-to-day operations, helps prepare budgets, ensures regulatory compliance, and partners with directors and executives. Strong Excel skills, clear communication, and the ability to work independently are essential. Experience with regulatory programs is a plus.

Qualifications

• Minimum Education: Bachelor Degree in Business Administration or related field.
• Preferred Education: Master Degree in Business Administration or related field.

Responsibilities

• Business analytics and reporting and charge capture/revenue cycle.
• Monitors and evaluates day-to-day operations of business workflows, including information systems and billing processes.
• Ensures regulatory compliance by creating auditable records and leading audits.
• Prepares financial plans and recommends technology needs to maximize pharmaceutical expenditures.
• Assists with annual operating budgets and supports department leadership.

Skills

Business analytics

Financial analysis

Revenue cycle management

Regulatory compliance

Microsoft Excel

Communication

Education

Bachelor's Degree in Business Administration

Master's Degree in Business Administration

Tools

MS Excel

MS Access

MS Word

PowerPoint

Internet

Job description

Department: Pharmacy Union: Shift: 8-hour Shift - Day (United States of America) Hours Per Pay Period: 80 Job Description: Salary Range: 38.69 - $58.09 Under the general direction of the Manager of Pharmacy Business Operations, the Pharmacy Financial Analyst serves as pharmacy financial analyst for the health system.

• Business analytics and reporting and charge capture/revenue cycle.
• Monitors and evaluates day-to-day operations of business workflows, including but not limited to information systems, areas of regulatory compliance, and pharmacy billing and revenue cycle.
• Ensures highest levels of regulatory compliance by creating and maintaining systems of auditable records and leading internal/external audits.
• Prepares financial plans and makes recommendations related to technology needs/services, maximizing savings of pharmaceutical expenditures, including GPO purchasing contract compliance.
• Assists with the formulation of annual operating budgets.
• Relies on experience and judgment to plan and accomplish goals and is capable of a high degree of independence in the performance of a variety of complicated tasks.
• May lead and mentor others within the financial planning of the department.
• Serves as a resource for Palomar Health managers, directors and executives on the financial performance of reimbursement workflows.
• Excellent written and verbal communication skills are required, due to the extensive interaction with department directors and executives that is required.
• Knowledge of standard office equipment (e.g., calculator, fax, photocopier) and personal computer and computer software skills (e.g., MS Windows, Excel, Access, Word, PowerPoint, internet, e-mail).
• Windows computer skills including proficient use of keyboarding, use of mouse or keys for functions such as selecting items, use of drop-down menus, scroll bars, opening folders, copying and similar operations required upon employment or within the 1st two weeks of employment to perform the essential functions of the job.
• Performs other duties as assigned.
• Follows Palomar Health rules, policies, procedures, applicable laws and standards.
• Carries out the mission, vision, and quality commitment of Palomar Health.

Job Requirements

• Minimum Education: Bachelor Degree in Business Administration or other closely related field; or a combination of education and experience.
• Preferred Education: Master Degree in Business Administration or other closely related field
• Minimum Experience: 3 years' experience in healthcare business operations
• Preferred Experience: 5 years’ experience in healthcare business operations, experience with regulatory agencies and pharmacy financial management (e.g. HRSA, CMS, CDPH, etc.)
• Required License: Valid Driver's License
• Preferred License: Not Applicable
• Required Certification: Advanced 340B Operations Certificate within 12 months of hire
• Preferred Certification: Not Applicable

We are an equal opportunity employer and do not discriminate against applicants or employees based on race, color, gender, religion, creed, national origin, ancestry, age, disability, sexual orientation, marital status or any other characteristic protected by law.

Palomar Health invites you to be part of our healthcare team, where we offer extraordinary opportunities for both clinical and non-clinical positions. As a leading healthcare system, we are committed to providing world-class care to our community. When you join our team, you'll have access to our exceptional training programs designed to help you excel in your role and grow your career.