Grady Health System

Pharmacy Acquisition Manager

Grady Health System$90K — $120K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Doctor of Pharmacy degree required.
  • At least 3 years of experience in pharmaceutical procurement.
  • Georgia pharmacist license required or must obtain within 18 months.
  • Strong negotiation skills, particularly in pricing.
  • Ability to monitor contract fulfillment and inventory trends.

Responsibilities

  • Monitor execution of contracts for rebates and fulfillments.
  • Research alternative sources for drugs in short supply.
  • Arrange direct shipments to avoid drug outages.
  • Liaise with drug wholesalers for price accuracy and updates.
  • Negotiate pricing for inpatient and single source drugs.
  • Identify cost saving opportunities through trend analysis.
  • Manage pharmaceutical contracting and acquisition processes.

Benefits

  • Opportunity to negotiate contracts that benefit public health systems.
  • Involvement in strategic business development with leadership teams.
  • Work with external agencies to enhance community health services.
  • Impactful role in managing pharmaceutical supplies and pricing strategies.
Full Job Description
Job Summary
Under the guidance of the Executive Director of Pharmacy, the Pharmaceutical Acquisition Manager is responsible for the procurement of pharmaceuticals and pharmaceutical supplies within the Pharmacy Department, 340B program management, compliance with Group Purchasing Organization contracts related to pharmaceuticals, and negotiation of improved pricing for the benefit of the health system. Also develops business strategies in collaboration with Pharmacy and Therapeutics Committee and Medical Staff Leadership.
Job Responsibilities:

Monitors execution of contracts to ensure that all elements are fulfilled, i.e., rebates (cash or products) are received in full as scheduled.

Monitors drugs in short supply and researches alternative sources of these medications.

Arranges direct shipments when necessary to avoid drug outages. communicates directly with Manufacturers' contract departments to resolve contract issues and expedite contract "loading" at the drug wholesaler.

Monitors invoiced prices from Drug Wholesaler to assure accuracy; serves as liaison with appropriate personnel at wholesaler to ensure pricing corrected and credited appropriately and in a timely manner; communicates prices changes for Pharmacy Automation System updates.

Monitors fill rate of wholesaler and incidence of off contract purchases. Serves as liaison with Wholesaler to ensure service levels are maintained.

Negotiates pricing for inpatient drugs when opportunity for improved pricings is at least 20% less than GPO contract prices.

Negotiates pricing for single source items as applicable to the Veterans Health Act of 1992; secures competitive pricing for multi-source drugs.

Monitors drug purchasing to identify trends in usage; identifies strategies and cost savings opportunities. Ensures par levels are appropriate for each pharmacy site.

Works with external agencies, i.e., Public Health, services to negotiate favorable pharmaceutical contract pricing, for which ensure to the benefit of public hospitals with high volumes of indigent patients.

Monitors reimbursement through participating indigent care programs; negotiate contracts for products with favorable reimbursement potential; help to resolve contracting issues between manufacturer and GHS Legal Department.

Manages pharmaceutical contracting and acquisitions process to include: Review orders for inventory replenishment to ensure reasonable order quantities (based on historical usage data) ensures replenishment via automated procurement systems provided by vendors and GHS Materials Management System

Education:

Required: Doctor of Pharmacy Degree

Preferred:

Experience:

Required: At least three (3) years of experience procuring pharmaceuticals.

Certs/ Skills/ Licensure:

Required: Pharmacist license in Georgia or obtain license within 18 months of employment

About Grady Health System

Grady Health System is a public academic healthcare system located in Atlanta, Georgia. The system is composed of the 953-bed Grady Memorial Hospital, six neighborhood health centers, and the Marcus Stroke and Neuroscience Center. Grady is the largest hospital in the state of Georgia and the only Level I trauma center in Atlanta. The hospital serves as the primary teaching hospital for the Emory University School of Medicine and Morehouse School of Medicine. Grady Health System is dedicated to providing high-quality, compassionate care to all patients, regardless of their ability to pay.
Learn more about Grady Health System
Size
5,000 employees
Industry
Founded
1892

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