Oncology Business Analyst
3 weeks ago
Preferred Education and Experience: Master’s degree in related field; CPA strongly preferred. Knowledge of drug reimbursement by Medicare and other third-party payers is a plus but not required.
Additional Eligibility Qualifications; Must have strong Excel skills.
Summary/Objective: Monitors and evaluates drug margins in various areas throughout the Clinic. Ensures financial margins are being optimized while meeting the needs of physicians and their patients. May conduct audits and evaluations of other functions throughout the Clinic as needed.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Monitors inventory and usage of drugs in areas such as the Cancer Center and Nurse Run Clinic.
Interprets drug margin analysis on a quarterly basis, monitors financial performance against budget and prior years, and works with key stakeholders, including Purchasing, Patient Financial Services, and Contracting, to ensure desired outcomes. Drug margin analysis includes compiling quarterly trends in reimbursement by payor relative to cost.
Maintains a dashboard of key financial indicators and produces useful reports for the functions noted.
Conducts quarterly Finance meetings with key stakeholders, including the oncologists and Clinical Director over Chemotherapy.
Communicates clearly, logically, and concisely in a variety of settings, including one-on-one sessions, formal group presentations and written communication.
Recommends changes to process as appropriate.
Obtains access to the Clinic’s LYNX system to understand inventory and changes in inventory balances from quarter to quarter.
Understands contracts and related volumes to reconcile expected rebates to actual rebate receipts.
Coordinates quarterly inventories of the Clinic’s LYNX system for both the Cancer Center and the Nurse Run Clinics in conjunction with Facilities Department.
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