Full-Time

Associate Pharmacy Analyst

WVUMedicine

WVUMedicine

No salary listed

Morgantown, WV, USA

In Person

Category
Medical, Clinical & Veterinary (1)
Required Skills
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor degree in Information Technology, Business Management, Hospital Administration, Accounting, or Finance.
  • Associates degree in Information Technology, Business Management, Hospital Administration, Accounting, or Finance and Two (2) years of experience of pharmacy experience one or (1) year of experience with financial reporting.
  • High School Diploma and Nationally Certified Pharmacy Technician within 15 months of hire and four (4) years’ experience in a healthcare setting or three (3) years’ experience with financial reporting or data analytics.
  • Extensive working knowledge of Microsoft Office applications Excel & Access.
Responsibilities
  • Monitors daily medication charges to ensure correct documentation and charging and correct discrepancies found.
  • Facilitates the addition, deletion, or correction of charges and coding to the charge master as needed.
  • Assures utilization of all available indigent care programs for inpatient and outpatient administration of medications.
  • Coordinates with Clinical Specialists to prioritize medication authorizations and patient assistance needed.
  • Identifies patients requiring medication pre-certification or prior authorization at the time services are requested or when notified by clinical staff.
  • Contacts insurance company or employer to determine eligibility and benefits for requested services.
  • Proactively assists in researching departmental issues and involves proper information technology, contracting, or finance personnel to resolve issues as needed.
  • Maintains database of major payer payment provisions and regulations.
  • Optimizes Enterprise automated systems, researching and analyzing revenue and/or expense opportunities and implementing changes to realize improvements.
  • Assists Pharmacy Analyst with monitoring purchases for contract compliance and accurate pricing.
  • Assists Pharmacy Analyst with monthly budget reviews.
  • Assists Pharmacy Analyst with pulling data needed to compile profile comparisons and generate reports related to current expenses to serve as the basis for the asking budget.
  • Provides scheduled and ad hoc reports as needed to all levels of staff, management, and external agencies.
  • Generates pharmacy spend advisor reports on a monthly basis to ensure that we are purchasing pharmaceuticals in the most cost efficient manner. Communicates those opportunities to Pharmacy Manager & Buyers. Follow up to assist with implementation of changes.
  • Reviews expenditure activity by account by cost centers as expenditures are processed and according to accepted accounting practices and escalates to Pharmacy Analyst for further review if discrepancy found.
  • Identifies irregular spending and system failures related to current expense activity and reports to department Director.
  • Interacts with various hospital departments responsively and productively to promote efficient systems interface and problem resolution related to technological, fiscal, and clinical management as deemed necessary by management
  • Interacts regularly with the department management team and clinical specialists to supply drug usage information, identify irregularities in spending, and provide recommendations for alternative products.
  • Supports Pharmacy, Nutrition and Therapeutics Committee functions by providing financial data to be used in the drug evaluation process, including opportunities for therapeutic interchange of medications.
  • Works with department management in the development and implementation of departmental goals and objectives.
  • Participates in the planning and implementing change and maintaining the improving productivity through attendance and participation in staff meetings, committees, task forces and projects.
  • Participates in the education of other health-care professionals as it pertains to appropriate use and billing of medications.
  • Demonstrates ability to work with staff to resolve problems and obtain necessary documentation for to obtain authorizations and/or assistance approval.
  • Assists Denials Management & Revenue Integrity teams with medication denials and underpayments including appeals based on medical necessity as needed.
  • Monitors medication charges over the maximum daily allowed units and work with Enterprise Medication Utilization Director to resolve trends in discrepancies.
  • Maintains positive working relationships with external vendors such as manufacturers, insurance carriers, government agencies, and insurance provider representatives.
  • Assists with informatics related implementations and maintenance as needed.
  • Reviews monthly automation inventory and provide optimization recommendations to WVUHS pharmacy leadership.
  • Provides reports, data analysis, statistics and required measurement analysis for manufacturers, Insurance agencies, and accreditation bodies as needed.
  • Monitors ordering processes, integrating most current pricing from wholesaler, analyze invoices, shipping, and inventory processes.
Desired Qualifications
  • Direct experience in medical billing, coding, or prior authorizations.
  • Direct experience in enrolling patients in medication or copay assistance programs.
  • Direct Experience in healthcare informatics.

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