Portfolio Executive II - Apexus

Vizient, Inc.

$77K — $135K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Relevant degree required.
  • Minimum 2 years of experience necessary.
  • Preferred experience in pharmacy contracting.
  • Desired: strategic and analytical thinking skills.
  • Proven leadership and presentation skills required.
  • Knowledge of the 340B Drug Pricing Program is a plus.
  • Willingness to travel is essential.

Responsibilities

  • Understand industry dynamics to negotiate effectively.
  • Manage contracts and budget for a multi-billion-dollar portfolio.
  • Negotiate and enforce contract terms with suppliers.
  • Conduct strategic planning meetings with partners.
  • Evaluate drug usage in 340B-eligible facilities.
  • Maintain relationships with pharmaceutical manufacturers.
  • Educate stakeholders about Apexus's advantages.
  • Conduct assessments to develop supplier value propositions.
  • Monitor pricing and maintain contract relevancy.
  • Prepare budgets and forecasts to assess performance.

Benefits

  • Comprehensive benefits plan available.
  • Opportunities for professional growth and development.
  • Potential for performance-based incentives.
Full Job Description
Apexus serves as HRSA's Prime Vendor for the 340B Drug Pricing Program. We provide access to discounted medications, education and compliance needs and manufacturer refund services to more than 12,200 covered entities serving vulnerable populations. More information about the Prime Vendor Program is available at www.340BPVP.com.

Summary:

In this role, you will negotiate contracts and manage a portfolio of pharmaceutical suppliers for a multi-billion-dollar drug portfolio business.

Responsibilities:

  • Understand the pharmaceutical health care industry dynamics, competitive structures, and strategies to effectively contract for and market the advantages of Apexus' products and services.
  • Negotiate contracts, manage, operate, and budget for a multibillion-dollar drug portfolio business.
  • Negotiate and enforce contract terms and conditions with supply partners through periodic business reviews and strategic planning meetings.
  • Perform periodic business reviews and strategic planning meetings with supply partners.
  • Understand and evaluate the use of drugs in 340B-eligible hospitals and clinics outpatient drug class of trade.
  • Maintain strong business relationships with pharmaceutical manufacturers (suppliers) across all pharmaceutical product lines.
  • Provide leadership in articulating and educating the detailed advantages of Apexus through effective communication with all internal and external pharmacy industry stakeholders.
  • Conduct pharmacy product and market assessments and research to build value propositions for prospective suppliers.
  • Conduct ongoing price monitoring and contract maintenance to assure market-relevant pricing.
  • Participate in and prepare budgets, forecasts, and revenue plans to measure pharmacy contract performance against program objectives.
  • Communicate successes, opportunities, and challenges to Apexus participant advisory councils and other key stakeholders.


Qualifications:

  • Relevant degree required.
  • 2 or more years of relevant experience required.
  • Experience in pharmacy contracting preferred.
  • Strategic and rigorous analytical agility while using sound judgment to set objectives is desired.
  • Leadership, presentation, and cross-functional interaction skills with a proven track record of delivering results needed.
  • Knowledge of the 340B Drug Pricing Program preferred.
  • Willingness to travel
  • The ideal candidate will work at our corporate office 3 days/week and reside in the DFW area.


Estimated Hiring Range:
At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $135,400.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

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