340B Compliance Specialist-Oncology
Spartanburg Regional Medical CenterSpartanburg, SC
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Job Description
Job Requirements
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 healthcare 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
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