Prime Therapeutics

Pharmacy Network Consultant Principal - Remote

Prime Therapeutics$94K — $160K *
US-AnywhereRemote in United States
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business or a related field; HS diploma or GED required.
  • Minimum of 8 years of Network Management experience in PBM or healthcare; 5 years in managed care network contracting.
  • Excellent verbal and written presentation skills.
  • Strong attention to detail and ability to manage complex contract language.
  • Enhanced organizational skills; able to juggle multiple projects.

Responsibilities

  • Negotiate complex pharmacy agreements across retail, mail, and quality channels.
  • Lead network initiatives through analysis, contracting, and fee schedule development.
  • Partner with reporting teams to develop vendor loading rules for pharmacies and quarterly compliance reports.
  • Analyze quarterly pharmacy reports to identify compliance and performance gaps with collaboration for corrective actions.
  • Manage pharmacy contracts from negotiation to compliance and document retention.
  • Work with legal to update contract documents and ensure compliance with new participation requirements.

Benefits

  • Remote work flexibility.
  • Access to comprehensive health benefits and wellness programs.
  • Generous paid time off and holiday policies.
  • Retirement savings plan with company match.
  • Opportunity for professional growth and development.
Full Job Description
Job Posting Title

Pharmacy Network Consultant Principal - RemoteJob Description

The Network Management Consultant is responsible for development, performance and management of Prime's retail, mail, and quality-based networks aligning with Prime's Supply Chain Cost of Goods Sold (COGS) and network management strategies. This includes development of network contracts, participation requirements, analysis of pharmacies, and ensuring contract and regulatory compliance. This position is accountable for creation and management of pharmacy contracts and negotiations to ensure competitiveness and serves as the liaison between Prime's Network Management and Specialty teams.

Responsibilities

  • Negotiate market competitive high-profile and/or complex pharmacy agreements across all channels including retail, mail, and quality based and lines of business aligning with Supply Chain COGS strategies
  • Lead and implement network initiatives by facilitating and performing network analyses, contracting activities and fee schedule development aligning with strategy, priorities and projects goals
  • Partner with Prime's reporting and analytics teams to develop network vendor loading rules inclusive of approved preferred pharmacies; maintain key compliance criteria and implement quarterly reporting processes for all contracted network retail pharmacies
  • Analyze network retail pharmacy quarterly reports to ensure compliance with reporting and participation requirements; collaborate with Clinical Program Directors to identify potential performance gaps; work with internal and external partners to develop and manage corrective action plans
  • Responsible for effectively managing the pharmacy contract from negotiation of all terms, ensuring Prime and Pharmacy compliance and document retention aligning with Prime's Record Information Management (RIM) policies
  • Work closely with Prime's legal team to update contract documents including agreements and applications for utilization in contracting/re-contracting activities based on new network participation requirements
  • Other duties as assigned

Minimum Qualifications

  • Bachelor's degree in business or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
  • 8 years of Network Management experience within Pharmacy Benefit Management (PBM), healthcare or other highly regulated industry; including 5 years of managed care experience in medical or pharmacy network contracting

Must be eligible to work in the United States without the need for work visa or residency sponsorship

Additional Qualifications

  • Excellent verbal and written presentation skills
  • Demonstrated understanding of network reporting and analysis for specialty pharmacy
  • Demonstrated ability to establish trust and credibility; form working relationships with all levels of an organization
  • Demonstrated ability to work independently and on highly complex contract language and agreements; strong attention to detail
  • Enhanced organizational skills with the ability to work on multiple projects simultaneously
  • Demonstrated ability to problem solve and interpret complex data; ability to analyze network information and synthesize it into meaningful information for a variety for audiences
  • Ability to work with confidential data and maintain privacy

Preferred Qualifications

  • Master's degree in business, healthcare or related area of study
  • Demonstrated understanding of retail pharmacy contract language and pharmacy reimbursement methodologies
  • Pharmacy contracting experience within a PBM or other related healthcare industry
  • Knowledge of and experience within PBM industry, Medicaid, and Medicare
  • Experience negotiating pharmacy solicitation contracts

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures

Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.

Potential pay for this position ranges from $94,000.00 - $160,000.00 based on experience and skills.

To review our Benefits, Incentives and Additional Compensation, visit our and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits).

About Prime Therapeutics

Prime Therapeutics is a pharmacy benefit management company that serves health plans, employers, and government programs. The company was founded in 1998 and is headquartered in Eagan, Minnesota. Prime Therapeutics manages prescription drug benefits for more than 30 million people across the United States. The company's services include claims processing, formulary management, and clinical programs. Prime Therapeutics is owned by 18 Blue Cross and Blue Shield health plans. In 2017, the company reported revenue of $5.3 billion.
Learn more about Prime Therapeutics
Size
4,000 employees
Industry
Founded
1990

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