Director 340B Program

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.