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Pharmacy Business Specialist, 340B Program

$ Sign-On Bonus Eligible
Winston Salem, NC, United States
Job ID: 86026
Job Family: Financial Services
Status: Full Time
Shift: Day
Detailed Shift and Schedule: 1st Shift, M-F
Job Type: Regular
Department Name: 12531085039602-Pharmacy - Contract


JOB SUMMARY: The Pharmacy Business Specialist is responsible for ensuring quality control of the 340B business operations of the pharmacy department at Wake Forest Baptist.  Under the direction of the 340B Program Manager, the Specialist performs a variety of duties including the following:

  • Perform quality assurance audits to ensure compliance with the 340B program and maximize financial opportunities.
  • Prepare and analyze audit and financial reports.
  • Monitor, report, and analyze contract pharmacy data.
  • Work with inpatient, outpatient, and retail pharmacy leadership to identify and resolve compliance issues.
  • Maintain and manage the split-billing software and ensure data integrity.
  • Maintain knowledge of 340B rules and regulations and interrelated subjects (i.e., medical billing)
  • Educate staff on 340B program and provide training for compliance tools.

Position Highlights:

  • Full-Time, Days, 1st shift, Monday-Friday
  • Winston Campus
  • $6,000 sign-on bonus eligible position for qualified candidates!   Click here for more information!

What We Offer:

  • Day 1 Health Coverage: Choose from either copay or HSA-eligible health insurance options with coverage starting on your first day of work.   
  • Generous PTO: Accrual starts at 25 days/year, to be used for vacations, sickness, holidays, and personal matters. 
  • Education: Eligible for our Prepaid College Tuition Assistance program (up to $5,250/year)!
  • Wellness Incentives: Up to $1,350/year in wellness incentives through our LiveWELL program.
  • Parental Benefits: Six weeks paid birthing-mother maternity leave & four weeks paid parental leave for non-birthing parents. 
  • Retirement: Up to 7% employer-paid retirement contributions.

How You’ll Impact Patient Care:

  • Your responsibilities may include, but are not limited to:
  • Performs weekly and monthly quality assurance audits to ensure compliance with the 340(B) program and maximize financial opportunities. 
  • Prepares and analyzes audit reports for presentation to the 340(B) Operations Committee. 
  • Works with inpatient, outpatient, and retail pharmacy leadership to identify and resolve compliance issues. 
  • Obtains and maintains knowledge of 340(B) program and all interrelated subjects (such as medical billing). 
  • Educates pharmacy staff on 340(B) program and provides training for compliance tools. 
  • Assists in other auditing and monitoring activities including controlled substance purchasing and distribution, and NDC management for general drug spend oversight. 
  • Completes required training, as assigned, within the established timeframes. 
  • Performs other job-related duties as assigned.

What You Will Need

  • High school diploma or GED equivalent required.
  • Bachelor’s degree in pharmacy, Business, Accounting, or Finance and 1 year experience with pharmacy systems, analytics, accounting, logistics or operations; or an equivalent combination of education and experience.
  • PTCB/NHA technician certification (CPhT) required.
  • North Carolina Board of Pharmacy registration as a pharmacy technician required within 30 days of hire.

Nice To Have (Not Required)

  • Successful completion of a formal technician training program preferred.
  • One-year previous pharmacy experience preferred.
  • Associate degree in a healthcare or business-related field preferred.
  • Experience in a healthcare or hospital environment preferred. 
  • Experience with 340(B) program, inventory control or purchasing preferred.

Previous inventory control/purchasing experience preferred. A qualified candidate will possess:

  • Ability to learn all compliance, regulatory, quality assurance and control aspects of pharmacy operations.
  • Experience leading project teams and co-workers, and ability to coach and mentor staff.
  • Proven analytical and process re-design skills, including problem solving, quantitative reasoning and workflow processing.
  • Advanced Excel skills and competency with Word, PowerPoint, and Outlook.
  • Excellent and professional oral and written communication skills.

Where You Will Work:

  • Working in healthcare in Winston-Salem, North Carolina, is a rewarding and dynamic experience. This vibrant city is home to renowned healthcare institutions making it a hub for medical professionals and healthcare innovation.
  • As a healthcare professional in Winston-Salem, you'll have the opportunity to provide top-notch care to a diverse and engaged community. The healthcare industry here is characterized by a commitment to patient-centered care, cutting-edge medical research, and a collaborative spirit among healthcare providers.
  • Winston-Salem offers a high quality of life with a cost of living that's lower than in many other major cities. You'll find thriving arts and culture scene, beautiful parks, and a strong sense of community. The city's commitment to healthcare extends beyond the hospital walls, with initiatives aimed at improving public health and wellness.
  • Whether you're drawn to clinical care, research, or administration, working in healthcare in Winston-Salem, NC allows you to be part of a healthcare environment that values excellence, compassion, and the well-being of the community. Join us in contributing to the health and vitality of Winston-Salem, where healthcare is not just a profession but a calling.