Responsibilities of the Candidate:
- Publish quality analytics to include weekly or monthly dashboards, productivity, ad-hoc projects, and/or KPI used by directors and managers to improve processes and maintain a pulse of daily operations.
- Emphasis on development and maintenance of operational reports.
- Assure that billing procedures performed by the department are accurate and timely.
- Coordinate with Financial Services to review underpayments or denials.
- Assure charges are handled correctly and facilitate the addition, deletion or correction of charges to the chargemaster as needed.
- Assure utilization of all available indigent care programs for inpatient and outpatient administration of medications.
- Incorporate industry benchmarks to illustrate baseline metrics and current state when publishing charts, graphs, pivot tables and other diagrams.
- Monitor purchases for contract compliance and accurate pricing.
- Assist with contract compliance and identify savings opportunities. Relay those items to Pharmacy Manager & Inventory Buyer to implement changes when possible.
- Monitor monthly budget variance, identify significant activity.
- Generate a year-end report of budget versus expended dollars based on reconciliation of budget with the general ledger, for each cost center by account.
- Compile data, profile comparisons and generate reports related to current expenses to serve as the basis for the asking budget.
- Participate in improvement initiatives, and develop data extracts needed to identify weakness and opportunities that will enhance patient satisfaction, organizational growth and net revenue.
- Reconcile department current expenditure documentation with the hospital general ledger and rectifies errors within 30 days.
- Interact with hospital purchasing, materials handling and other departments responsively and productively to promote efficient systems interface and problem resolution related to fiscal and clinical management.
- Support Pharmacy and Therapeutics Committee functions by providing financial data to be used in the drug evaluation process, including opportunities for therapeutic interchange of medications.
- Participate in the education of other health-care professionals as it pertains to appropriate use and billing of medications.
- Assure compliance with 340B program requirements of qualified patients, drugs, providers, vendors, payers, and locations.
- Maintain system databases to reflect changes in the drug formulary or product specifications. Assure appropriate safeguards and system integrity.
- Monitor ordering processes, integrating most current pricing from wholesaler, analyze invoices, shipping, and inventory processes.
- Maintain detailed documentation pertaining to routine operational analytics, source of truth and education of the data design with peers to promote cross-coverage and visual aids. Assist with implementation of new analytic software and data validation.
