Financial Analyst - 340B at the Hospital of the University of Pennsylvania

Responsibilities:

• 
  Management of all pharmacy billing operations through continous billing audits, processing of claim corrections and rebilling as needed for the identified HUP Pharmacy locations
  
  Maintains the charge master Epic work queues to ensure proper documentation including new formulary additions and prices changes. Understanding of clinical and billing terminology.
  
  Responsible for reconciling any pharmacy charge discrepancies
  
  Partners with the UPHS Willow team, Pharmacy Finance, and Pharmacy IT to manage ongoing pharmacy billing issues and changes in Willow
  
  Builds compliance tools and reports to evaluate high-dollar, high risk medications to audit for accuracy of charging and reimbursement
  
  Works with Pharmacy operational leaders and Pharmacy IT team to ensure ongoing data feeds are functional and accurate in capturing charges1. Reporting and analysis of Pharmacy Key Performance Metrics (KPM). Including Purchasing Trends/Patterns etc.2. Analyze pharmacy utilization patterns and call attention to significant changes in drug utilization or expenditures. Works with Pharmacy operational leaders and Pharmacy IT team to ensure ongoing data feeds are functional and accurate in capturing charges1. Reporting and analysis of Pharmacy Key Performance Metrics (KPM). Including Purchasing Trends/Patterns etc.2. Analyze pharmacy utilization patterns and call attention to significant changes in drug utilization or expenditures.
  
  Provides support to finance/business manager in all aspects of the inpatient pharmacy financial operations as assigned
  
  Prepares monthly financial reports and analysis as part of the month end close process. Helps review results and provide recommendations for areas of concern
  
  Generates and analyzes monthly trend reports to help correlate pharmacy expenses to pharmacy revenue data
  
  Presents monthly and quarterly reports to leadership not limited to revenue trends metrics, high dollar claim corrections, revenue optimization opportunities, 340B charge data audit
  
  Monitors expenses vs. budget and prepares monthly variance analysis
  
  Processes and reconciles all inpatient pharmacy invoices
  
  Assists finance/business manager in processing capital purchasing requests, check requests, employee reimbursements, and deposits
  
  Provides 340B operational support to inpatient pharmacy purchasing team through split billing software maintenance and preparing quarterly audit reports as assigned
  
  Helps 340B team identify compliance concerns related to duplicate discounts and diversion
  
  Responsible for management and completion of special projects as assigned
  
  Attend meetings and other committee meeting as assigned
  

Credentials:

Education or Equivalent Experience:

• Bachelor of Arts or Science (Required)
• Education Specialization: Equivalent Experience:
• Associate of Arts or Science
• Education Specialization: Business Administration or Accounting Equivalent Experience: •Bachelor Degree in Accounting, Finance, or Business Administration. MBA or MS is a plus