Pharmacy Network Auditor

Posted 2 Days Ago
Be an Early Applicant
2 Locations
In-Office or Remote
74K-110K Annually
Senior level
Healthtech
The Role
Maintain and grow the Pharmacy Network Audit program, manage internal and vendor audits to detect and recover Fraud Waste Abuse (FWA), analyze claims data using BI tools, draft and communicate findings to stakeholders, produce performance reports, maintain audit documentation and SOPs, and collaborate cross-functionally to ensure contractual and regulatory compliance.
Summary Generated by Built In

We are a healthcare technology company that provides platforms and solutions to improve the management and access of cost-effective pharmacy benefits. Our technology helps enterprise and partnership clients simplify their businesses and helps consumers save on prescriptions.

As a leader in SaaS technology for healthcare, we offer innovative solutions with integrated intelligence on a single enterprise platform that connects the pharmacy ecosystem.  With our expertise and modern, modular platform, our partners use real-time data to transform their business performance and optimize their innovative models in the marketplace.

Position Summary:

The Pharmacy Network Auditor is responsible for the maintenance and growth of the Pharmacy Network Audit program and processes at RxSense, including all internal pharmacy audits, and working closely with external
pharmacy audit vendors to ultimately detect, prevent and recover on Fraud Waste Abuse (FWA) occurrences.The Pharmacy Network Auditor is solely responsible for assuring compliance with client contract requirements,
pharmacy contractual compliance, and effectively communicating the program updates in real-time to leadership.

Essential Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform the following satisfactorily; other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Pharmacy Network Auditor evaluates, reports and monitors all aspects pertaining to Pharmacy Network Auditing services
  • The role will also serve as a subject matter expert within the Company regarding standard monitoring measures, auditing procedures, and best practices
  • Assess the risks outlined by audit vendor, perform appropriate audit procedures, and collaborate with pharmacy management to resolve issues in a timely and efficient manner
  • Draft and communicate audit findings and observations to internal stakeholders such as Finance and Client Success; Provide Quarterly Network Audit Performance Reports to the leadership to monitor Audit Program efficacy
  • Screen and summarize authorized vendor audit results in detail prior to initiating claim adjustments
  • Review results to determine details of fraudulent, erroneous, or abusive billing activity
  • Responsible for leveraging current BI Tools to analyze claims data for potential investigational FWA breaches of network pharmacies
  • Maintain audit documentation, and prepare statistical data for internal stakeholder review and action
  • Develops and updates Standard Operating Procedures (SOPs) for audit and FWA Programs
  • Collaborates with key stakeholders to support pharmacy network initiatives
  • Establish and maintain relationships with Implementations, Client Services, Benefit Administration, UAT/QA, IT, Product, Finance, Clinical Departments with focus on actively engaging the appropriate teams to enhance the Audit/FWA program     

Qualifications

  • Previous Pharmacy Audit Experience is required, understanding of the processes and industry related guidelines are mandatory
  • 5+ years of experience in a Retail Pharmacy setting and/or Pharmacy Benefits Management  organization
  • Strong understanding of the pharmacy claims processing ecosystem
  • Strong understanding of pharmacy relationships and NCPDP data extracts
  • Proficient knowledge and ability to leverage current reporting tools to identify audit and FWA issues proactively
  • Strong understanding of Pharmacy Network Standards and how to manage potential FWA issues via claims data
  • Proficient knowledge of URAC and CMS network requirements in addition to Federal and State level auditing network requirements
  • Ability to research, analyze and report on audit results and industry trends in FWA
  •  Proven ability to work independently and drive results
  • Detail-oriented, ability to multitask, proactive thinker
  • Excellent written and verbal communication skills
  • Experience with presenting and or training
  • Proficiency in MS Word and Excel

Salary Range: $74,000 - $110,000

RxSense believes that a diverse workforce is a more talented and productive workforce. As such, we are an Equal Opportunity and Affirmative Action employer. Our recruitment process is free from discriminatory hiring practices and all qualified applicants are considered for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity, ancestry, age, or national origin.  Neither will qualified applicants be discriminated against on the basis of disability or protected veteran status.  We believe in the strength of the collaboration, creativity and sense of community a diverse workforce brings. 

Skills Required

  • Previous Pharmacy Audit Experience
  • 5+ years experience in a Retail Pharmacy setting and/or Pharmacy Benefits Management organization
  • Strong understanding of the pharmacy claims processing ecosystem
  • Strong understanding of pharmacy relationships and NCPDP data extracts
  • Proficient knowledge and ability to leverage current reporting/BI tools to identify audit and FWA issues proactively
  • Strong understanding of Pharmacy Network Standards and managing potential FWA issues via claims data
  • Proficient knowledge of URAC and CMS network requirements plus Federal and State auditing requirements
  • Ability to research, analyze and report on audit results and industry trends in FWA
  • Proven ability to work independently and drive results
  • Detail-oriented with ability to multitask and proactive thinking
  • Excellent written and verbal communication skills
  • Experience with presenting and/or training
  • Proficiency in MS Word and Excel
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The Company
HQ: Boston, Massachusetts
280 Employees
Year Founded: 2015

What We Do

RxSense (www.rxsense.com) is a high growth and mission-driven healthcare technology company that provides sophisticated cloud-based enterprise solutions for flexible, efficient, and transparent pharmacy benefits administration, claims processing and advanced analytics serving pharmacy benefit managers, health plans, health systems, as well as new and non-traditional industry entrants. RxSense also utilizes its advanced platform and direct contracts with the nation's largest pharmacies (including CVS, Walmart and Walgreens) to deliver consistently low prices direct to consumers on prescription drugs through its SingleCare (www.singlecare.com)prescription savings services. RxSense's mission is to deliver industry leading technology solutions that improve healthcare transparency and access to more affordable medications for millions across America.

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