What are the responsibilities and job description for the Director 340B Program position at Hudson Regional Hospital?
Position Summary
Oversees the 340B drug pricing program ensuring compliance with federal regulations.
Job Duties
Monitors and enforces adherence to all 340B program rules and regulations.
- Conducts regular internal audits to identify potential compliance issues.
- Stays updated on any changes to 340B regulations and adapting program procedures accordingly.
- Implements and manages the 340B program across all eligible sites within the organization.
- Oversees the use of split-billing software and managing mixed-use areas to ensure accurate drug pricing.
- Develops and maintains comprehensive 340B policies and procedures
- Analyzes data to identify opportunities for maximizing cost savings through the 340B program.
- Monitors drug utilization patterns to optimize 340B drug purchasing.
- Reports on financial performance of the 340B program to senior leadership
- Leads and supervises a team of 340B specialists responsible for day-to-day program operations.
- Provide training and ongoing education to staff on 340B compliance and best practices
- Collaborates with pharmacy leadership, IT teams, and other departments to ensure smooth integration of the 340B program.
- Engages with drug manufacturers and wholesalers to address any 340B related issues.
- Performs other duties as assigned.
Qualifications and Skills
- Proven track record managing complex healthcare programs, preferably in a pharmacy or hospital setting.
- Extensive knowledge of 340B program regulations and compliance requirements.
- Comprehensive knowledge and understanding of financial analysis and budgeting
- Exceptional analytical skills with experience in data-driven decision-making
- Strong leadership and interpersonal skills, with the ability to influence stakeholders at all levels
- Excellent communication skills, both written and verbal, with the ability to present complex ideas clearly and effectively
- Experience in developing and managing high-performing teams
Education, Experience and Certification/Licensure Requirements
- Bachelor’s degree in pharmacy, business administration or a related field.
- Previous experience managing complex healthcare programs, preferably in a pharmacy or hospital.
