Senior Director of Pharmacy Supply Chain

Boston Medical Center (BMC); Boston (MA); On-site; USD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Senior Director of Pharmacy Supply Chain to lead a dynamic team and oversee a $900M P&L. This role involves strategic direction for the pharmacy supply chain, focusing on optimizing operations and ensuring compliance with regulations. You will collaborate with various stakeholders, promote cost-effective pharmaceutical care, and develop innovative solutions for specialty pharmacy services. If you're a visionary leader with extensive pharmacy management experience and a passion for enhancing patient care, this is a fantastic opportunity to make a significant impact in a thriving healthcare environment.

Qualifications

• 10-15 years of experience in hospital pharmacy management required.
• Valid license as a pharmacist in Massachusetts preferred.

Responsibilities

• Oversee pharmacy supply chain strategy and operations for $900M P&L.
• Collaborate with executives to align pharmacy goals with enterprise strategy.

Skills

Leadership Skills

Strategic Planning

Interpersonal Skills

Negotiation Skills

Organizational Skills

Communication Skills

Education

B.S. degree in Pharmacy

Advanced degree (MS, MBA or Pharm D)

Tools

Computerized Systems

Split-Billing Software

Job description

Job Description Summary

Under the direction of the VP/Chief Pharmacy Officer, this position will oversee and lead the pharmacy supply chain team and overall strategy and operations for $900M P&L. The senior director will also serve as the health system’s expert in the federal 340b program and be responsible for strategic direction and oversight of 340b program ($175M). In addition, this role will also work closely with life science partners to ensure access to specialty pharmacy drugs, maintain industry relations, oversee all non-service related revenue and data contracts, and work closely with internal and external stakeholders to ensure coordinated and high-quality patient care is delivered for all specialty pharmacy contracts and accreditations. Lead strategy for gaining access to specialty pharmacy payor networks.

Position: Senior Director Pharmacy Supply Chain

Department: Pharmacy

Schedule: Exempt, Full-Time

ESSENTIAL RESPONSIBILITIES / DUTIES:

• Works with department directors and leadership to provide guidance in the development, implementation and supervision of programs to promote cost-effective pharmaceutical care services.
• Collaborates and builds relationships with other executives (both internal and external) to ensure enterprise strategy incorporates and leverages pharmacy goals and initiatives.
• Demonstrates extensive knowledge of current trends in contemporary pharmacy service provision.
• Demonstrated expertise to direct the pharmaceutical supply chain.
• Helps support crucial specialty pharmacy operations and growth. The role ensures efficient procurement, distribution, and management of pharmaceutical products and services across the organization.
• Develops and implements strategies to optimize pharmacy supply chain processes, improve cost efficiency, and maintain high standards of quality and compliance.
• Collaborates with VP of Supply chain to align on overall organizational supply chain strategy.
• Implements robust inventory controls across inpatient, ambulatory and retail pharmacies. Negotiates and maintains all specialty pharmacy payor and drug contracts.
• Implements best practices to ensure efficient use of 340b program optimization across the organization (which includes multiple CHC partners and offsite BMC/BU locations).
• Monitors performance of 340b contract pharmacy budget.
• Establishes and maintains an effective quality assurance program in compliance with specialty pharmacy contracts and accreditation bodies (ex: URAC).
• Designs and implements supply chains that support business strategies adapted to changing market conditions, new business opportunities, or cost reduction strategies.
• Maintains industry best practices for pharmaceutical product sourcing and contracting.
• Leads wholesaler and GPO account maintenance, to ensure alignment of expense classes, cost centers, and cost accounting for purchasing and inventory transactions.
• Develops and implements growth strategies for specialty, ambulatory, and infusion pharmacy.
• Develops and maintains strategies to mitigate drug shortages.
• Collaborates to maintain computerized systems, split-billing software programs and specialized equipment and technologies utilized in operations related to the 340B Program.
• Develops and implements innovative solutions to optimize the 340B program and pharmacy supply chain.
• Commercializes homegrown optimization solutions when market demand affords opportunities.
• Responsible for development and implementation of innovative joint strategies focused on demonstrating value proposition to payors in the delivery of high touch patient services, adherence services and data services.

Directs short-term and long-range planning and budget development to support strategic business goals.

Directs quality management and continues quality improvement programs to ensure compliance with regulations and standards on an ongoing basis, overseeing and checking on daily, weekly, monthly and quarterly reports on all aspects of operations. Ensures follow up, and closes the loop on outstanding items.

Establishes the performance goals, allocates resources, and assesses policies for senior management.

Demonstrates successful execution of business strategies for department products and services.

Directs and participates in growth activities to support overall business objectives and plans.

Maintains a commitment to uphold system values, enhance organizational culture, and focus on employee engagement. This goes beyond the HR function of balancing FTEs and labor costs to focusing on opportunities for career enhancement and personal fulfillment within the department.

Responsible for compliance with all Federal, State and Local laws, regulations and rules; compliance with all accreditation standards and knowledge of and adherence to all policies and procedures of the organization and department.

Responsible for the creation and maintenance of a healthy work environment. A healthy work environment is one where people feel supported, held accountable, where standards are applied and expectations are clear. A healthy work environment is one where leadership supports and leads, models behavioral standards and sets the example for how to do all things right.

Job Requirements

EDUCATION:

B.S. degree in Pharmacy from an accredited College of Pharmacy required. Advanced degree (MS, MBA or Pharm D) is preferred.

CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED:

Valid license as a pharmacist in the State of Massachusetts is preferred.

EXPERIENCE:

Ten to fifteen years of experience in hospital pharmacy management required. Academic medical center experience preferred.

KNOWLEDGE, SKILLS & ABILITIES (KSA):

Demonstrates excellent leadership for change skills.

Promotes collaboration across multidisciplinary services.

Demonstrates excellent interpersonal skills.

Demonstrates strategic planning and ability to negotiate contracts.

Demonstrates excellent organizational and communication skills.

Demonstrates a proven track record for developing and managing people.

Must adhere to all of BMC’s RESPECT behavioral standards.

Equal Opportunity Employer/Disabled/Veterans