Director of Pharmacy leading the strategic direction of the Culinary Health Fund’s pharmacy programs. Managing clinical pharmacy operations while ensuring compliance and financial objectives are met.
Responsibilities
Manage Prescription Drug Programs: Oversee the development, negotiation, and implementation of pharmacy benefit management programs for health plans and employers.
Provides leadership and has accountability for the performance and results of The Culinary Health Fund’s PBM and retail pharmacies
Develops and monitors the pharmacy clinical policies and programs, where appropriate
Leads the development of innovative clinical solutions to help manage the cost of the Fund’s pharmacy benefits, including but not limited to medication therapy management services for high-risk and general populations
Leads the creation, maintenance, and enhancement of formularies for a variety of patient populations while working with lead clinicians and designated committees
Ensures the success of Pharmacy Utilization Management, Prior Authorization, and other controls for all managed populations
Negotiate Contracts: Work with pharmacies and pharmaceutical manufacturers to secure cost-effective medication options and manage rebate contracts.
Data Analysis: Analyze drug utilization data to inform formulary strategies and ensure appropriate medication use.
Analyzing pharmacy claims data to monitor drug spend and forecast trends
Develops, implements, and ensures continuous quality and process improvement to deliver effective and efficient programs and services
Regulatory Compliance: Ensure adherence to state and federal regulations regarding pharmacy benefits and prescription drug programs.
Develops, maintains, and oversees local, state, and national regulatory compliance for all PBM services
Provides oversight to ensure successful outcome of compliance audits/reviews (e.g., URAC)
Relationship Management: Maintain relationships with pharmacies, healthcare providers, and other stakeholders to facilitate effective communication and service delivery.
Collaborates with the Fund’s departments, Regional Directors and external stakeholders on service delivery including development and implementation of a network of community pharmacies to support broader healthcare delivery programs and to resolve claim issues
Accountable for the performance of the various vendors engaged by the PBM for Pharmacy programs, analytical services and resolves issues affecting the service or financial objectives of the PBM
Facilitates communication with network pharmacies
Cost Management: Identifying cost-saving opportunities and developing strategies to reduce expenses.
Provides leadership oversight for the assessment of value-based pharmacy programs to continually enhance the pharmacy programs
Requirements
5 ~ 7+ years of direct experience
Working knowledge and experience in PBM contracts, benefit programs, funding arrangements, administrative arrangements, insurance products, compliance, etc.
Strong pharmaceutical knowledge including clinical aspects and formulary development
Knowledge of a wide-range of patient-centered and pharmacy management programs
Bachelor's degree in pharmacy or related field or equivalent work experience required
Doctor of Pharmacy (PharmD), preferred
Completion of PBM (Pharmacy Benefit Manager) residency (minimum 1 year)
Required: License in Pharmacy in good standing in the state of Nevada
The ability to travel 15% ~ 25% as needed by the business
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