Contract Manager - Pharmacy Portfolio Executive III

Vizient, Inc; Irving (TX); On-site; USD 88,000 - 156,000; Full time

Job summary

A health care organization is seeking a Contract Manager for its Pharmacy Portfolio in Irving, TX. The role involves overseeing pharmacy distribution agreements, managing key relationships, and ensuring strategic sourcing initiatives succeed. Ideal candidates will bring extensive experience in contract management and a proven ability to negotiate effectively.

Qualifications

• 4+ years of relevant experience in strategic contracting.
• Experience with national full-line and specialty/pharmacy contracts preferred.
• Ability to conduct complex contract negotiations.

Responsibilities

• Lead pharmacy distribution sourcing and manage contracts.
• Develop and maintain relationships with pharmacy distributor accounts.
• Monitor contract performance and compliance.

Skills

Strategic contract negotiation

Relationship building

Project management

Conflict resolution

Customer service

Cross-functional interaction

Education

Relevant degree preferred

Job description

Contract Manager - Pharmacy Portfolio Executive III page is loaded

Contract Manager - Pharmacy Portfolio Executive III

Apply locations Irving, TX 75062 Vizient Corporate HQ time type Full time posted on Posted 30+ Days Ago job requisition id 29480R

When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves . We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary:

In this role, you will manage a high-profile portfolio of full-line and specialty/plasma pharmacy distribution service agreements and develop and manage relationships with distributors. You will heavily interact with providers and colleagues by sharing insights and guidance for complex distribution sourcing strategies. You will oversee and manage performance for a large portfolio of non-injectable generic pharmaceutical products. You will also create and maintain collaborative relationships with internal data, analytics, sourcing, implementation, and sales teams, in order to advance strategic programs and initiatives.

Key Responsibilities:

• Lead pharmacy distribution sourcing processes for national, regional, non-acute, full-line, and specialty/plasma distribution categories, including opportunity identification, strategy formulation, contract development, negotiation, and implementation.
• Develop, foster, and maintain robust relationships with contracted pharmacy distributor national accounts, contract administration, and inventory operations teams.
• Monitor contract performance and adherence to terms and conditions, with special emphasis in the areas of national and distribution center-level product stocking, ordering, fill rates, deliveries, and customer service.
• Oversee and ensure consistent coverage and value for non-injectable generic product portfolios.
• Conduct periodic in-person business reviews and strategic planning meetings.
• Serve as a pharmacy distribution category expert resource for provider pharmacies and colleagues.
• Review contract enhancements and negotiate on behalf of provider pharmacies.
• Interpret financial analyses and market insights to formulate budgets and scenario impact assessments.
• Maintain strong knowledge of relevant regulations and market trends.

• Communicate successes, opportunities and challenges to colleagues and provider stakeholders.
• Create resources to assist in contract implementation and education.
• Engage and provide direction to assigned portfolio analyst.

Qualifications:

• Relevant degree preferred.
• 4 or more years of relevant experience working in detailed, strategic contracting required.
• Experience with national full-line and specialty/plasma pharmacy distribution contracts, whether at a distributor or within a pharmacy, highly preferred.
• Ability to understand and conduct strategic contract negotiations, including complex terms and conditions between pharmacies and distributors, highly desired.
• Experience with relationship building, project management, conflict resolution, and strategic partnership development required.
• Exceptional communication, customer service, and cross-functional interaction skills, including presentation, verbal, and documentation.
• Willingness to travel.

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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 $88,900.00 to $155,500.00.

This position is also incentive eligible.

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

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

Equal Opportunity Employer: Females/Minorities/Veterans/Individuals with Disabilities

The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

About Us

Working at Vizient means making a difference in today’s dynamic health care industry, every day. Our mission is to connect health care organizations and providers with the knowledge, solutions and expertise that enable them to accelerate their clinical and operational performance.

Vizient is based in Dallas and has offices in 20 metropolitan areas across the United States. We have 4,000 employees with a breadth of expertise, experience and compassion, who are eager to develop and implement solutions that advance health care for the greater good.

Across our enterprise of companies, we have the scale and depth to deliver exponential impact across the continuum of care:

• Provista – Proven supply chain partner specializing in extended, diagnostic and preventive care facilities, including surgery centers, home health and senior living
• Apexus – The exclusive contractor for 340B Drug Pricing Program, managed by the Health Resources and Services Administration
• aptitude – The industry’s first online direct contracting market, supporting self-contracting activity between hospitals and suppliers.
• Sg2 - Providing a unique blend of analytics, intelligence, consulting and education to enable health system leaders to integrate strategic growth and performance across the continuum of care.

Click here for Vizient Careers Home Page.