AVP Pharmacy Business & Outcomes

Rush Hospital$192K — $286K *
Hospitals & Medical Centers
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 7 years of progressive leadership experience in pharmacy
  • Expertise in procurement, contracting, and vendor negotiations
  • Proven financial management skills including budget development and ROI analysis
  • Strong knowledge of healthcare finance and supply chain operations
  • Demonstrated ability to work collaboratively with cross-functional leaders
  • Experience overseeing 340B program operations with compliance and savings optimization

Responsibilities

  • Lead enterprise pharmacy business operations in contracting, procurement, and finance
  • Develop strategies for affordability and sustainable growth
  • Collaborate with pharmacy and finance leaders to align operations with strategic priorities
  • Establish business intelligence to monitor financial and operational metrics
  • Design contracting strategies to improve affordability and medication access
  • Direct centralized purchasing strategies to reduce variation and enhance supply chain resiliency
  • Oversee the 340B strategy to maximize compliance and patient benefits

Benefits

  • Health, dental, and vision insurance
  • Retirement savings plans
  • Generous paid time off
  • Professional development opportunities
  • Flexible work schedule options
Full Job Description
Location: Chicago, Illinois

Business Unit: Rush Medical Center

Hospital: Rush University Medical Center

Department: System Pharmacy

Work Type: Full Time (Total FTE between 0.9 and 1.0)

Shift: Shift 1

Work Schedule: 8 Hr (8:00:00 AM - 4:00:00 PM)

Pay Range: $192,150 - $286,312 per year

Rush salaries are determined by many factors including, but not limited to, education, job-related experience and skills, as well as internal equity and industry specific market data. The pay range for each role reflects Rush's anticipated wage or salary reasonably expected to be offered for the position. Offers may vary depending on the circumstances of each case. This role has a corresponding incentive plan based on multiple factors. incentive compensation and additional benefits can be found on our Rush benefits page (https://www.rush.edu/rush-careers/employee-benefits)

Summary:
The Associate Vice President of Pharmacy Business and Outcomes is a key leadership position, reporting to the System Vice President, Chief Pharmacy Officer. The AVP Pharmacy Business & Outcomes provides executive leadership for RUSH's enterprise pharmacy business operations, financial strategy, outcomes analytics, and centralized procurement models. This role ensures the financial sustainability and performance of pharmacy services by unifying contracting, purchasing, 340B optimization, and outcomes measurement within an integrated framework.

The AVP builds and directs system level business and analytic capabilities to assess financial performance, cost savings, market trends, medication access, and the value of pharmacy services across the enterprise. This leader partners closely with site and system leaders to create and execute strategies that strengthen affordability, access, and enterprise wide medication outcomes. Through strategic contracting, disciplined execution, advanced analytics, and collaboration, this executive ensures that RUSH Pharmacy serves as a key driver of financial sustainability, innovation, and measurable system outcomes.

Responsibilities:
Job Responsibilities:
• Provide system level leadership for enterprise pharmacy business operations, including contracting, procurement, and financial performance.
• Create strategies and business models that improve affordability, strengthen medication access, and ensure sustainable growth of RUSH pharmacy services.
• Partner with site pharmacy leaders, finance, supply chain, and clinical executives to align pharmacy business operations with RUSH strategic priorities.
• Partner with system leaders to establish business intelligence and analytics to monitor key financial, operational, and clinical pharmacy impact including metrics of savings, utilization trends, patient medication access and population outcomes.
• Ensure pharmacy performance measurement aligns with enterprise goals including quality, population health, and financial sustainability.
• Lead enterprise relationships with pharmaceutical manufacturers, wholesalers, GPOs, analytics vendors, and technology partners.
• Collaborate to design contracting and utilization strategies that improve affordability and medication access for employees.
• Direct contracting strategies with pharmaceutical manufacturers, wholesalers, and GPOs to secure cost savings, optimize access, and support enterprise initiatives.
• Lead enterprise purchasing strategies that reduce variation, strengthen supply chain resiliency, and leverage scale.
• Implement standardized systemwide processes to reduce variation, improve medication distribution, and strengthen operational reliability.
• Oversee centralized workflows for medication distribution and drug shortage mitigation in close collaboration with site pharmacy leaders and system supply chain partners.
• Lead the enterprise 340B strategy to maximize savings, compliance, patient benefit, and long term program viability.
• Ensure program integrity through alignment with federal/state regulations and RUSH compliance standards.
• Partner to optimize 340B aligned medication access strategies.
• Develop and manage systemwide pharmacy business budgets, forecasts, financial models, and return on investment analytics.
• Identify new revenue opportunities and innovative business models to support long term sustainability and growth.
• Anticipate and respond to market trends in drug pricing, distribution, reimbursement, and supply chain regulation.
• Recruit, mentor, and develop pharmacy business, financial, and analytic leaders across the enterprise.
• Promote a culture of transparency, accountability, data driven decision making, and measurable results.
• Represent RUSH in regional and national forums related to pharmacy business operations, analytics, and procurement.
• Perform all additional duties as assigned or identified as departmental priorities.

Other information:

Required Job Qualifications:
• Minimum of 7 years of progressive leadership experience in pharmacy
• Demonstrated expertise in procurement, contracting, and vendor negotiations with pharmaceutical manufacturers, wholesalers, or group purchasing organizations (GPOs).
• Proven track record of financial management, including budget development, forecasting, ROI analysis, and performance reporting.
• Strong knowledge of healthcare finance and supply chain operations, including logistics and inventory management.
• Demonstrated ability to collaborate effectively with cross-functional leaders
• Experience leading or overseeing 340B program operations, with demonstrated compliance and savings optimization.

Preferred Job Qualifications:
• Education: Master's degree in healthcare administration, business administration (MBA), or related field preferred.
• PharmD or 340B-related certifications (e.g., Apexus Certified Expert (ACE), 340B University).
• Demonstrated success leveraging analytics to drive outcomes.

Physical Demands:
• Prolonged periods of standing, walking, or sitting, with occasional computer work for extended durations.
• May require lifting up to 20 pounds (e.g., inventory handling).
• Work in a high-pressure, fast-paced environment with potential for on-call responsibilities to address urgent operational or clinical issues.

Disclaimer: The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.

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