Site: Martha's Vineyard Hospital, Inc.
Job Summary
Summary
Responsible for managing the pharmacy program, the drug formulary design and development, implementation, and risk management in a manner that will improve quality, control utilization, and contain costs. This role is responsible for managing all aspects of clinical, administrative, financial, and regulatory pharmacy.
Does this position require Patient Care?
No
Essential Functions
Strategize, create, and oversee Pharmacy department tasks and projects, including opportunities for process improvement.
Lead operational teams overseeing commercial, Medicaid, and Medicare lines of business.
Manage pharmacy staff, including recruitment, coaching and development, and performance management.
Responsible for the Pharmacy department budget.
Develop, implement, and manage a Clinical Pharmacy plan that includes establishing and meeting short- and long-term goals, while managing pharmacy trends and costs of care across commercial, Medicaid, and Medicare lines of business.
Track and analyze pharmacy utilization data and trends for finance and other management staff.
Promote efficiency and effectiveness in clinical pharmacy operations.
Coordinate pharmacy programs with clinical case and disease management programs.
Collaborate with Mass General Brigham on enterprise-wide pharmacy matters.
Oversee specialty pharmacy relationships and distribution processes.
Develop a strategy to understand and manage pharmacy spending in medical settings reimbursed through the medical claims adjudication process.
Qualifications
Education
Bachelor's Degree Pharmacy required or Doctor of Pharmacy Pharmacy required
Can this role accept experience in lieu of a degree?
No
Licenses and Credentials
Pharmacist [State License] - Generic - HR Only required
Experience
Pharmacy experience working within a managed care setting 3-5 years preferred and Fiscal accounting experience 8-10+ years required and Experience managing Pharmacy staff 5-7 years required
Knowledge, Skills and Abilities
- Solid understanding and knowledge of the managed care industry in commercial and government programs.
- Strong, demonstrated track record of ability to execute on time, on budget, and on scope.
- Strong aptitude for technology-based solutions.
- Current in healthcare trends.
- Excellent leadership skills and leadership track record.
- Strong verbal, active listening, and written communication skills.
- Ability to view the long-range trends and cycles of the business and industry and see the "big picture".
- Knowledge of Federal and State regulations and Accreditation standards.
- Strong interpersonal, analytical, and negotiation skills.
- Solid written and verbal communication skills.
Additional Job Details (if applicable)
Remote Type
Onsite
Work Location
One Hospital Road
Scheduled Weekly Hours
40
Employee Type
Regular
Work Shift
Day (United States of America)
Pay Range
$124,342.40 - $180,897.60/Annual
Grade
9
At Mass General Brigham, we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive, and any offer extended will take into account your skills, relevant experience if applicable, education, certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however, it does not encompass all elements contributing to your total compensation package. In addition to competitive base pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our Talent Acquisition team will provide an overview of your potential compensation and benefits package.
Mass General Brigham Competency Framework
At Mass General Brigham, our competency framework defines what effective leadership "looks like" by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, make hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline.