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Job Description

The Director, 340B Program is responsible for providing administrative, operational, and programmatic oversight of the 340B program. The Director will serve as the covered entity’s compliance expert on 340B Program details, audits, policies, and procedures as they related to split-billing software and mixed-use implementation. The Director ensures that compliance regulations are developed, implemented, and maintained according to organizational, regional, national, state and federal requirements. The Director will provide ongoing training, education, and communication required for 340B program compliance and assist in developing audit materials for monitoring of the 340B program.

Qualifications

Education Requirements

• Bachelor?s Degree or greater is preferred, or a combination of applicable experience and education.

Experience Requirements

• 7+ years (higher preferred) of experience managing and administrating program activities

• 4+ years 340B experience

• Excellent written and oral communication skills.

• Excellent organizational skills and the ability to prioritize multiple tasks, projects, and assignments.

• Exceptional attention to detail and accuracy.

, 196 - 340B Offsite Pharmacy OPS - MSH, Mount Sinai Hospital

Responsibilities

• Takes a lead role in implementation of 340B in hospital-based settings including mixed-use areas with a goal of optimizing savings and efficiency with the allocations and resources available.

• Maintains pharmacy chargemaster system as it relates to 340B split billing software and regularly audits 340B purchases and dispensations to ensure compliance with the program

• Leads and supervises team members responsible for financial reports preparation, ensuring accuracy, adherence to standards, and timely reporting. Conduct regular performance evaluations, implement process improvements, facilitate training, and communicate financial insights effectively. Monitor key performance indicators, explore technological solutions for efficiency, and maintain comprehensive documentation for audit purposes.

• Collaborates with leaders to provide financial and revenue expertise for budgeting and planning new initiatives aimed at generating additional savings opportunities. Continuously analyze data to identify cost-saving opportunities and ensure prudent management of expenses

• Conducts oversight of monthly pharmacy procurement and pricing, fostering strategic collaboration with external stakeholders to swiftly rectify any discrepancies and uphold fiscal integrity

• Establishes a routine approach to updating the CDM/crosswalk for new products and product changes to ensure both accuracy of the utilization report and the efficiency and accuracy of the charge process

• Works closely with wholesaler to monitor for any credit/rebill activity to ensure Mount Sinai is realizing the full value of the 340B program, also works with wholesaler to ensure all chargebacks are accurate and valid.

• Focuses on ongoing refinement of pharmacy operations to improve and optimize revenue from services. Implement strategies for gradual enhancement, emphasizing efficiency and effectiveness to steadily increase revenue streams.

• Effectively manages large project teams and/or high-priority effectors to achieve high-quality results

• Prepares program content and presents information and performs other tasks related to the 340B program as requested

• Attends educational trainings including conferences, webinars, roundtables as necessary

• Ensures process and systems are compliant with Health System policies, applicable law, and regulations.

About Us

Strength Through Diversity

The Mount Sinai Health System believes that diversity, equity, and inclusion are key drivers for excellence. We share a common devotion to delivering exceptional patient care. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education, and advancement as we revolutionize medicine together. We invite you to participate actively as a part of the Mount Sinai Health System team by:

• Using a lens of equity in all aspects of patient care delivery, education, and research to promote policies and practices to allow opportunities for all to thrive and reach their potential.

• Serving as a role model confronting racist, sexist, or other inappropriate actions by speaking up, challenging exclusionary organizational practices, and standing side-by-side in support of colleagues who experience discrimination.

• Inspiring and fostering an environment of anti-racist behaviors among and between departments and co-workers.

At Mount Sinai, our leaders strive to learn, empower others, and embrace change to further advance equity and improve the well-being of staff, patients, and the organization. We expect our leaders to embrace anti-racism, create a collaborative and respectful environment, and constructively disrupt the status quo to improve the system and enhance care for our patients. We work hard to create an inclusive, welcoming and nurturing work environment where all feel they are valued, belong and are able to advance professionally.

Explore more about this opportunity and how you can help us write a new chapter in our history!

“About the Mount Sinai Health System:

Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with more than 43,000 employees working across eight hospitals, more than 400 outpatient practices, more than 300 labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time — discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it. Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients’ medical and emotional needs at the center of all treatment. The Health System includes approximately 7,400 primary and specialty care physicians; 13 joint-venture outpatient surgery centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida; and more than 30 affiliated community health centers. We are consistently ranked by U.S. News & World Report's Best Hospitals, receiving high "Honor Roll" status, and are highly ranked: No. 1 in Geriatrics and top 20 in Cardiology/Heart Surgery, Diabetes/Endocrinology, Gastroenterology/GI Surgery, Neurology/Neurosurgery, Orthopedics, Pulmonology/Lung Surgery, Rehabilitation, and Urology. New York Eye and Ear Infirmary of Mount Sinai is ranked No. 12 in Ophthalmology. U.S. News & World Report’s “Best Children’s Hospitals” ranks Mount Sinai Kravis Children's Hospital among the country’s best in several pediatric specialties. The Icahn School of Medicine at Mount Sinai is ranked No. 14 nationwide in National Institutes of Health funding and in the 99th percentile in research dollars per investigator according to the Association of American Medical Colleges. Newsweek’s “The World’s Best Smart Hospitals” ranks The Mount Sinai Hospital as No. 1 in New York and in the top five globally, and Mount Sinai Morningside in the top 20 globally.

The Mount Sinai Health System is an equal opportunity employer. We comply with applicable Federal civil rights laws and does not discriminate, exclude, or treat people differently on the basis of race, color, national origin, age, religion, disability, sex, sexual orientation, gender identity, or gender expression. We are passionately committed to addressing racism and its effects on our faculty, staff, students, trainees, patients, visitors, and the communities we serve. Our goal is for Mount Sinai to become an anti-racist health care and learning institution that intentionally addresses structural racism.”

EOE Minorities/Women/Disabled/Veterans

Compensation Statement

Mount Sinai Health System (MSHS) provides a salary range to comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $153723 - $230584 Annually. Actual salaries depend on a variety of factors, including experience, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.