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HealthPartners

Integrated health system and health plans

Vice President of Pharmacy

PharmacyConfirmed live in the last 24 hours
Full-timeBloomington, MN, USAIn-person

About the Job

Requirements

  • A Bachelor's degree in Business Administration, Health Care Administration, Pharmacy, or education and experience of commensurate value is required.
  • Ten years of senior management experience, including appropriate product marketing, financial management, and business operations experience.
  • Extensive professional and technical knowledge of health plan operations and/or health care delivery systems is required.
  • Strong negotiating, problem-solving, and planning experience is required.
  • Proven experience directing and motivating a staff of professionals is required.
  • Previous program development experience, such as new service line development or joint ventures, is required.
  • Proven entrepreneurial aptitude is required.
  • Knowledge of operations, marketing development, finance, and risk assessment is required.
  • Skill in establishing and maintaining effective interpersonal relationships with leaders, employees, business, government, and community officials, and the general public is required.
  • Strong interpersonal skills are required.
  • Excellent oral and written communication skills, including public speaking skills, are required.
  • Demonstrated interest and passion for high-quality, member-satisfaction, and patient-centered care is required.

Responsibilities

  • Supervise the pharmacy executive leadership team and their respective teams, with authority to hire, transfer, lay off, promote, discipline, discharge, train, reward, and review employee performance, and ensure compliance with organizational and departmental policies and procedures.
  • Lead pharmacy benefits administration and pharmacy services, including P&L, operations, and market development; negotiate agreements with PBM partners and specialty pharmacy and mail order pharmacy relationships; oversee formulary development and maximize manufacturer rebate value to support affordability, revenue generation, and margin.
  • Oversee development of pharmacy plan service business goals and objectives, including pharmacy revenue opportunities, enrollment, customer service goals, and member satisfaction.
  • Evaluate vendors offering products and services that may enhance or support pharmacy capabilities and negotiate agreements.
  • Collaborate with senior leaders to improve the affordability of pharmacy products and services and identify business development opportunities that support health plan product development and margin creation.
  • Evaluate and pursue new business and growth opportunities for pharmacy benefits administration, including innovative mail order and retail pharmacy partnerships.
  • Assist Sales and Marketing with RFP responses, build their pharmacy knowledge, drive client engagement, and participate in sales presentations and business reviews.
  • Represent the organization as a thought leader in healthcare and engage with national pharmacy industry leaders and pharmacy associations on pharmacy operations and health plan pharmacy.
  • Develop and monitor strategic and operational plans or dashboards, oversee budget creation, and maintain accountability for the P&L of the Pharmacy service line.
  • Oversee 340B program compliance and identify expansion opportunities across the organization, including benefit alignment; evaluate and grow 340B programming to drive drug savings, margin, and drug access and affordability for underserved populations.
  • Ensure structures for compliance, licensure, and accuracy are in place and that operational teams monitor ongoing readiness for audits, accreditation, and medication safety.
  • Evaluate industry PBM business models and align them with legislative and regulatory requirements, including the Consolidated Appropriations Act, to ensure compliance and controls for self-insured Administrative Service Agreements, reporting, sales training, operational processes, and billing.
  • Identify strategies and opportunities to automate and streamline operational processes and workload.
  • Oversee creation, updates, and testing of business continuity and disaster recovery plans and preparation, and participate in incident command training and drills as requested.
  • Evaluate pharmacy technologies and significant pharmacy capital expenditures to ensure appropriate return on investment.
  • Collaborate across the enterprise to develop and achieve strategic objectives.
  • Own wholesale and purchasing relationships and guide adherence to drug-related compliance requirements, including DSCSA, USP Chapters, Controlled Substance Management, and other regulations.
  • Engage with medical staff to manage pharmacy costs and utilization in support of care group and health plan goals, and guide pharmacy staff in cost containment, resource optimization, staff utilization, and productivity.
  • Engage with hospital CEOs and care delivery executives to ensure pharmacy supports care delivery strategic objectives, including margin creation.
  • Create structures for engagement that enable organization-wide standardization and efficiencies.

Desired Qualifications

  • A Master's degree in Business, Pharmacy, or Health Care Administration, PharmD, or equivalent is preferred.

About the Company

HealthPartners

Integrated health system and health plans

HealthPartners is an integrated health care organization that provides medical and dental care alongside health plan financing and administration. Its care system combines a multi-specialty physician network with health plans so members receive coverage and services within one organization. It differs from competitors through its nonprofit, consumer-governed structure and its large, in-house delivery system, which supports coordinated care under one umbrella. The goal is to improve the health of members and communities by offering affordable, accessible, and comprehensive health care and insurance.

Company size
5,001-10,000
Company stage
Debt Financing
Total funding
$116M
Headquarters
Bloomington, MN
Founded
1957

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