Associate Pharmacy Analyst at WVU Medicine: A Comprehensive Overview

Role Overview

The Associate Pharmacy Analyst position at WVU Medicine Innovations Corporation plays a crucial role in supporting the operational efficiency of the Pharmacy Department. This position is ideal for individuals with a background in information technology, business management, hospital administration, accounting, or finance. The primary focus is to coordinate fiscal management activities, perform data analysis, and maintain departmental statistics and reports. This role requires a blend of technical skills, analytical abilities, and a strong understanding of healthcare finance.

As an Associate Pharmacy Analyst, you will be working closely with clinical pharmacists, residents, medical staff, and pharmacy administration. Your responsibilities will span a variety of tasks, including monitoring medication charges, facilitating charge master updates, ensuring utilization of indigent care programs, and coordinating medication authorizations and patient assistance. Additionally, you will be involved in optimizing enterprise automated systems and providing reports to various stakeholders.

A Day in the Life

A typical day for an Associate Pharmacy Analyst at WVU Medicine might include:

• Morning: Reviewing daily medication charges to identify and correct any discrepancies. This involves analyzing billing data to ensure accuracy and compliance with coding standards.
• Mid-day: Coordinating with clinical specialists to prioritize medication authorizations and patient assistance requests. This includes contacting insurance companies to verify patient eligibility and benefits.
• Afternoon: Working on database development and maintenance. This could involve updating payer payment provisions, generating reports, and analyzing revenue and expense opportunities.
• Late Afternoon: Assisting the Pharmacy Analyst with monthly budget reviews and pulling data for profile comparisons. This requires strong analytical skills and attention to detail.

Throughout the day, you will also be involved in addressing ad hoc requests for data and reports from various levels of staff and management. Your ability to effectively communicate and collaborate with different teams is essential for success in this role.

Why Morgantown, West Virginia?

Morgantown, West Virginia, is a vibrant city with a strong sense of community and a high quality of life. Home to West Virginia University, Morgantown offers a diverse range of cultural, recreational, and educational opportunities. The city boasts a thriving downtown area with unique shops, restaurants, and entertainment venues.

Living in Morgantown provides access to outdoor activities such as hiking, biking, and water sports. The city is surrounded by beautiful natural landscapes, including state parks and forests. Morgantown also offers a reasonable cost of living compared to other major metropolitan areas, making it an attractive place to live and work.

Career Path

The Associate Pharmacy Analyst position at WVU Medicine offers a solid foundation for career growth within the healthcare industry. With experience and continued professional development, you can advance to roles such as Pharmacy Analyst, Senior Pharmacy Analyst, or Pharmacy Manager. These roles involve increased responsibilities in areas such as financial management, data analysis, and project management.

WVU Medicine is committed to providing its employees with opportunities for advancement and professional growth. The organization offers various training programs and resources to help employees develop their skills and advance their careers.

Salary and Benefits

The estimated salary range for an Associate Pharmacy Analyst at WVU Medicine is $45,000 to $65,000 per year, depending on experience and qualifications. In addition to a competitive salary, WVU Medicine offers a comprehensive benefits package, including:

• Health Insurance: Comprehensive medical, dental, and vision coverage.
• Paid Time Off: Generous PTO for vacation, sick leave, and holidays.
• Retirement Savings: Retirement savings plan with employer matching contributions.
• Tuition Reimbursement: Tuition reimbursement program for continuing education.
• Employee Assistance Program: Confidential counseling and support services.

These benefits are designed to support the health, well-being, and financial security of WVU Medicine employees.

WVU Medicine Culture

WVU Medicine is committed to providing high-quality patient care in a supportive and collaborative work environment. The organization values teamwork, respect, and continuous improvement. Employees are encouraged to share their ideas and contribute to the overall success of the organization.

WVU Medicine also emphasizes diversity and inclusion, creating a welcoming and inclusive environment for all employees. The organization is committed to providing equal opportunities for employment and advancement, regardless of race, ethnicity, gender, sexual orientation, or disability.

How to Apply

To apply for the Associate Pharmacy Analyst position at WVU Medicine, please follow these steps:

1. Click the "Apply" button located on the job posting.
2. Complete the application form in full, providing accurate and up-to-date information.
3. Upload your resume and cover letter, highlighting your relevant skills and experience.
4. Submit your application for review.

WVU Medicine is an equal opportunity employer and welcomes applications from all qualified candidates.

Frequently Asked Questions (FAQ)

1. What are the minimum qualifications for this position?

   The minimum qualifications include a Bachelor's degree in Information Technology, Business Management, Hospital Administration, Accounting, or Finance; or an Associate's degree in a related field with two years of pharmacy experience and one year of financial reporting experience; or a High School Diploma and Nationally Certified Pharmacy Technician within 15 months of hire with four years' experience in a healthcare setting or three years' experience with financial reporting or data analytics.

2. What are the preferred qualifications for this position?

   Preferred qualifications include direct experience in medical billing, coding, or prior authorizations; direct experience in enrolling patients in medication or copay assistance programs; and direct experience in healthcare informatics.

3. What are the core duties and responsibilities of this role?

   The core duties include monitoring medication charges, facilitating charge master updates, ensuring utilization of indigent care programs, coordinating medication authorizations, identifying patients requiring pre-certification or prior authorization, contacting insurance companies, researching departmental issues, maintaining payer payment databases, optimizing enterprise systems, assisting with contract compliance and budget reviews, and providing reports.

4. What skills are important for success in this role?

   Important skills include data analysis, financial reporting, cost accounting, project management, database development, IT skills, medical billing, coding, prior authorizations, and excellent communication and interpersonal skills.

5. What is the salary range for this position?

   The estimated salary range for this position is $45,000 to $65,000 per year, depending on experience and qualifications.

6. What benefits are offered by WVU Medicine?

   WVU Medicine offers a comprehensive benefits package, including health insurance, paid time off, retirement savings plan, tuition reimbursement, and employee assistance program.

7. What is the work environment like at WVU Medicine?

   WVU Medicine is committed to providing high-quality patient care in a supportive and collaborative work environment. The organization values teamwork, respect, and continuous improvement.

8. What opportunities are there for career advancement at WVU Medicine?

   WVU Medicine offers various training programs and resources to help employees develop their skills and advance their careers. With experience and continued professional development, you can advance to roles such as Pharmacy Analyst, Senior Pharmacy Analyst, or Pharmacy Manager.

9. How can I apply for this position?

   To apply for this position, click the "Apply" button located on the job posting, complete the application form in full, and upload your resume and cover letter.

10. Is WVU Medicine an equal opportunity employer?

    Yes, WVU Medicine is an equal opportunity employer and welcomes applications from all qualified candidates.