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Director of Business Services - Pharmacy

Company: Essentia Health
Location: Superior
Posted on: June 24, 2022

Job Description:

Building Location:Essentia Health Superior Belknap PharmacyDepartment:48700 EH PharmacyJob Description:Job Profile SummaryPharmacy Business Services Director will provide leadership on department finance, acquisition, inventory management, revenue integrity, analytics and 340B. The Director will direct the development and execution of programs, processes, and business strategies to meet service expectations, future growth, and business expansions. The Director will be responsible for ensuring compliance with business and finance standards and that processes are safe, cost-effective, and efficient. The Director will work with clinical and non-clinical staff members to optimize operational and cost efficiencies wherever possible. Key Responsibilities:---Collaborates with finance to prepare annual pharmacy budgets. Monitors budgets for compliance and direct investigation into variances. ---Oversees cost savings initiatives related to drug spend and assist in forecasting drug expenses for purposes of revenue and expense budget planning.---Leads department planning, submission, and implementation of capital requests.---Works with analysts on both operational, financial, and drug utilization analytics data and dashboards that support the pharmacy leadership team, department, and organization.---Monitors data analytics activities for the system to ensure optimal use of technology, determination of efficiencies, demonstration of clinical and operational outcomes---Provides support for business plans financial modeling projects.---Collaborates with Pharmacy, Supply Chain, Finance and Legal colleagues to ensure contracts and partnerships with pharmaceutical industry, GPO, wholesaler and prescription and medical benefit management companies and other align with business plan needs.---Develops and monitors measures for external vendor compliance with contracts and service agreements.---Oversees processes for compliant execution of 340B program as related to pharmaceutical procurement and handling.---Directs activities of pharmacy personnel involved in purchasing, receiving, and billing ---Identifies and implements process improvements in purchasing and inventory areas to ensure adequate supply for patient safety, maximized inventory turns, and pharmaceutical expense management.---Ensures the integrity, efficiency, and effectiveness of the revenue cycle .---Promotes, develops, and partners on strategies to ensure reliability of pharmaceutical supply chain and cooperates with leaders and external partners in reducing frequency and impacts of supply interruptions.Required Qualifications:---3 years of relevant business and/or healthcare finance experience.---2 years leadership/supervisory experience.Preferred Qualifications:---Master's in Business Administration or similar degree.---Pharmacy business and finance experience.---Knowledge of the 340B program and medication procurement.Education Qualifications:Bachelor's Degree in Business or similar degree.No certification/licensure required.Licensure/Certification Qualifications:Relocation assistance availableFTE:1Shift Rotation:Day Rotation (United States of America)Shift Start Time:Shift End Time:Weekends:Holidays:NoCall Obligation:NoUnion:Union Posting Deadline:

Keywords: Essentia Health, Duluth , Director of Business Services - Pharmacy, Executive , Superior, Minnesota

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