Pharmacy Billing Specialist
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Position Summary
Posting Note: This is an onsite, full time, hourly position. This position works within the Pharmacy Revenue Cycle Team to support all assigned pharmacy billing functions. Duties include manual review of identified billing claims through fatal edit reports, reviewing and resolving billing tickets, auditing charge master for appropriateness in built charges, and quarterly reviewing CMS changes in billing requirements. This position will also help develop and maintain SOPs to ensure pharmacy billing functions are optimized to changes in billing requirements. This position reports to the Director of Pharmacy Business Operations, and works closely with Revenue Cycle, and the 340B Team. Phoenix Children's has a great work culture, and we are looking for an individual with an emphasis on cultural fit, ability to continually learn, and has a “builder” mindset to develop and maintain pharmacy revenue cycle functions.
The Pharmacy Billing Specialist will serve as the point of contact for all medication billing related activities throughout the inpatient and ambulatory sites of care. Scope of work for this role may include the review of medication charges and revenues, research incomplete information related to billing errors/denials, audit existing medication charges, and develop/maintain billing workflows. This individual also ensures new medication billing rules and regulatory changes (CMS and payors) are assessed for compliance, timely processes invoices, and assists in the development of policies and procedures. The Pharmacy Billing Specialist primarily collaborates with Revenue Cycle teams and directly reports to the Director of Pharmacy Business Operations.
Position Duties
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I. Serve as the point-of-contact for pharmacy billing; actively reviews and resolves billing issues related to charge codes, errors, exceptions, denials, and workflows; collaborates with and provides guidance primarily to Revenue Cycle teams; proactively escalates billing issues or critical insights to Pharmacy leadership and Revenue Cycle teams.
a. Resolve admit/discharge related medication charge errors
b. Perform Medicare edits in PFM (finance system) in conjunction with IT Pharmacists
c. Process credits for doses returned to pharmacy
d. Manages cost transfers to other departments each month in a timely manner
e. Completes Medicare rebills where they arise in pharmacy and external department charges and systems -
II. Review and keep updated existing pharmacy billing processes/workflows and develop new standard operating procedures (SOPs) in conjunction with Revenue Cycle, IT, and Pharmacy leadership as related to the following systems.
a. Automated dispensing systems (ie Omnicell)
b. Pharmacy IT and Clinical systems (SRx/SCM) Allscripts
c. Patient financial systems (PFM) Allscripts
d. Manual charge sheets and department databases
e. Patient access system (SAM) Allscripts -
III. Perform ongoing audits and certify all built medication charges are compliant with departmental, Medicare, Medicaid, Commercial Payors, and State policies, billing rules, and guidelines.
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IV. Receive, forward for review, and process invoices in conjunction with Accounts Payable team.
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V. Maintains professional and technical competency in all aspects of pharmacy billing through training (CEs, conferences, courses, webinars, degrees, and certifications).
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VI. Serves on the Pharmacy Business Operations, Office of Business Integrity and other ad hoc committee meetings related to medication and pharmacy charge and billing integrity.
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Performs miscellaneous job related duties as requested.
Phoenix Children's Mission, Vision, & Values
To advance hope, healing and the best healthcare for children and their families
VisionPhoenix Children's will be the leading pediatric health system in the Southwest, nationally recognized for exceptional care, innovative research and advanced medical education.
We realize this vision by:
- Offering the most comprehensive care across ages, communities and specialties
- Investing in innovative research, including emerging treatments, tools and technologies
- Advancing education and training to shape the next generation of clinical leaders
- Advocating for the health and well-being of children and families
- We place children and families at the center of all we do
- We deliver exceptional care, every day and in every way
- We collaborate with colleagues, partners and communities to amplify our impact
- We set the standards of pediatric healthcare today, and innovate for the future
- We are accountable for making the highest quality care accessible and affordable