Position Summary

The 340B Compliance Specialist is responsible for working with Pharmacy administration to ensure:

Virtual (340B, GPO, WAC) Purchasing/Inventory Oversight 340B/GPO Split Billing Software Maintenance

 

Minimum Requirements

Education           

High School Graduate

Experience        

5 years hospital pharmacy experience

License/Registration/Certifications       

State Certified Registered Technician with the Board of Pharmacy 340B University ( must be completed within one year of hire date)

 

Preferred Requirements

Preferred Education      

Bachelor’s Degree

Preferred Experience   

340B experience Inventory Management experience

Preferred License/Registration/Certifications   

N/A

 

Core Job Responsibilities

Purchasing/Inventory Insight Monitors purchasing records for each 340B/GPO participant; clearly documents utilization, savings, problem areas, and exceptions or discrepancies.  Relays results to pharmacy leadership and administration. Manages and tracks 340B/GPO drug inventory, including proper replenishment Continuously monitors product max/min levels in coordination with pharmacy manager to effectively balance product availability and cost-efficient inventory control Optimizes purchasing of supplies and medications from the 340B program Routinely monitors utilization records and 340B purchasing accounts to ensure that software or tools are working appropriately. Oversees regulatory aspects of the inventory purchasing process for inpatient and mixed-use areas Split Billing Software Maintenance Establishes a routine approach to updating the CDM/crosswalk for new products and product changes to ensure both accuracy of the utilization report and the efficiency and accuracy of the charge process. Maintains 340B split-billing software integrity and reviews applicable reports to identify areas for improvement Integrates information from the pharmacy charge master system into the 340B split billing computer system and incorporates that information into auditable and compliant processes. Periodically performs spot audits or compliance assessments in specific areas and specific products to ensure that the utilization numbers are translating accurately into report for 340B re-orders