Manager of Pharmacy Revenue Integrity
Company: Mercyhealth
Location: Janesville
Posted on: May 14, 2025
|
|
Job Description:
Overview:
All potential candidates should read through the following details
of this job with care before making an application.
This position will be onsite at our Janesville, WI campus.
Pharmacy revenue integrity is integral to the financial health of
Mercyhealth. The Manager of Pharmacy Revenue Integrity will be
responsible for developing strategies and workflows to maximize
pharmacy revenue opportunities in the professional (clinic),
hospital billing, and community pharmacy spaces. The Pharmacy
Revenue Integrity Manager will serve as a pharmacy liaison and
interface with finance, billing, revenue integrity, patient
financial services, prior authorization teams, denial specialists,
compliance, and other key stakeholders. This individual will serve
as a subject matter expert in the setting of medication-related
compliance billing and charging processes.
Responsibilities:
ESSENTIAL DUTIES AND RESPONSIBILITIES
Serves as a liaison between finance, revenue cycle, compliance,
pharmacy, and other departments to standardize and optimize
pharmacy charging workflows, pharmacy revenue charge capture,
denial management and collections.
Drive accuracy for all HCPCS/CPT codes, revenue codes, billable
units, multipliers, and modifiers. Partners with DTS, pharmacy
leadership, finance, and others to resolve discrepancies.
Develop quality metrics, audit methodologies and analyzes pharmacy
revenue reports to ensure accurate billing and revenue
captures.
Partners with pharmacy operational leadership to analyze pharmacy
revenue and volume data. Identify and aggregate variance
explanations to provide to finance and senior executive
leadership.
Builds tools to audit and ensure the accuracy of data feeds from
EPIC to third party vendors.
Actively researches and stays current with important billing and
revenue related compliance and optimization strategies.
Maintain a thorough understanding of 340B program regulations and
compliance requirements, staying up to date on policy changes and
industry best practices to ensure accurate revenue integrity and
optimal program utilization.
Develop policies, guidelines, and procedures for pharmaceutical
coding, billing, pricing, charging, and denial management to
maximize reimbursement and compliant charging.
Provides education to site and system stakeholders to drive optimal
revenue capture.
Perform quality reviews to ensure that medication formulary
additions, inactivation's, changes and/or revisions were accurately
completed in the hospitals clinical and financial systems.
Participate and lead committees, work groups, process improvement
efforts, and educational initiatives to improve pharmacy revenue
integrity and the pharmacy billing cycle.
Review of charging algorithms and standardization across the
organization as well as input into annual adjustment to said
algorithms.
Review of the cost structures in EPIC for applicability.
CULTURE OF EXCELLENCE BEHAVIOR EXPECTATIONS
To perform the job successfully, an individual should demonstrate
the following behavior expectations:
Quality - Follows policies and procedures; adapts to and manages
changes in the environment; Demonstrates accuracy and thoroughness
giving attention to details; Looks for ways to improve and promote
quality; Applies feedback to improve performance; Manages time and
prioritizes effectively to achieve organizational goals.
Service - Responds promptly to requests for service and assistance;
Follows the Mercyhealth Critical Moments of service; Meets
commitments; Abides by MH confidentiality and security agreement;
Shows respect and sensitivity for cultural differences; and
effectively communicates information to partners; Thinks system
wide regarding processes and functions.
Partnering - Shows commitment to the Mission of Mercyhealth and
Culture of Excellence through all words and actions; Exhibits
objectivity and openness to other's views; Demonstrates a high
level of participation and engagement in day-to-day work; Gives and
welcomes feedback; Generates suggestions for improving work:
Embraces teamwork, supports and encourages positive change while
giving value to individuals.
Cost - Conserves organization resources; Understands fiscal
responsibility; Works within approved budget; Develops and
implements cost saving measures; contributes to profits and
revenue.
EDUCATION & EXPERIENCE
Required:
BS in Pharmacy or PharmD
Three years of health-system pharmacy experience or completion of a
PGY2 residency program in health-system pharmacy administration and
leadership.
Experience in the field of pharmacy revenue integrity.
Preferred:
Previous leadership experience with demonstrated responsibility for
financial performance
Experience with EPIC or EPIC certified
CERTIFICATION/LICENSURE
Licensed or eligible for licensure as a pharmacist in the State of
Wisconsin and State of Illinois
ADDITIONAL REQUIREMENTS
Passing the Driver's License Check and/or Credit Check (for those
positions requiring).
Passing the WI Caregiver Background Check and/or IL Health Care
Workers Background Check.
Must be able to follow written/oral instructions.
OTHER SKILLS AND ABILITIES
Proficiency in the use of Microsoft Office Suite and other similar
applications as appropriate to area of expertise.
Exemplifies strong organizational, time management, leadership,
conflict management, and change management skills.
Advanced knowledge of health-system pharmacy operations including
the ability to navigate the electronic medical record within
EPIC.
Ability to problem solve and proactively address issues, resulting
in positive outcomes.
Able to interpret large amount of data for strategic decision
making.
Understanding of and partnering with 340B and Specialty Pharmacy
program teams.
WORK ENVIRONMENT
The noise level in the work environment is usually moderate.
Occupational exposure is Category C, which means no employees in
the specified job classifications have occupational exposure.
INFORMATION ACCESS
Partner may access patient care information, financial data, human
resource data and strategic and planning data needed to perform
their job duties as directed by the director.
WORK CONTACT GROUP
Pharmacy, finance, revenue integrity, 340B team and clinic/hospital
leadership.
SPECIAL PHYSICAL DEMANDS
The Special Physical Demands are considered Essential Job Functions
of the position with or without reasonable accommodations.
Frequently required to stand, sit, walk, bend, and reach for supply
items.
Occasionally required to lift up to 10 pounds
Specific vision abilities: Near and far vision, color vision,
peripheral vision, depth perception, focus adjustment.
LEVEL OF SUPERVISION
Works independently under the supervision of the System Director of
Pharmacy
SUPERVISES
No direct reports. Supervisory responsibilities are conducted in
accordance with directives of management, the organization's
policies, and applicable laws.
#MHP123
Culture of Excellence Behavior Expectations:
Benefits:
Mercyhealth offers a generous total rewards package to eligible
employees including, but not limited to:
- Comprehensive Benefits Package: Mercyhealth offers a retirement
plan with competitive matching contribution, comprehensive medical,
dental, and vision insurance options, life and disability coverage,
access to flexible spending plans, and a variety of other
discounted voluntary benefit options.
- Competitive Compensation: Mercyhealth offers market competitive
rates of pay and participates in various shift differential and
special pay incentive programs.
- Paid Time Off: Mercyhealth offers a generous paid time off plan,
which increases with milestone anniversaries, to allow employees
the opportunity for a great work-life balance.
- Career Advancement: Mercyhealth offers a number of educational
assistance programs and career ladders to support employees in
their educational journey and advancement within Mercyhealth.
- Employee Wellbeing: Mercyhealth has a focus on wellbeing for
employees across the organization and offers a number of tools and
resources, such as an employer-sponsored health risk assessment and
a Wellbeing mobile application, to assist employees on their
wellbeing journey.
- Additional Benefits: Mercyhealth employees have access to our
internal and external employee assistance programs, employee-only
discount packages, paid parental and caregiver leaves, on-demand
pay, special payment programs for patient services, and financial
education to help with retirement planning.
Keywords: Mercyhealth, Carol Stream , Manager of Pharmacy Revenue Integrity, Healthcare , Janesville, Illinois
Click
here to apply!
|