Pharmacy Financial Operations, Vice President

SSM Health • Fen Ditton, MO

10d • Remote

About The Position

It's more than a career, it's a calling. MO-REMOTE Worker Type: Regular Job Highlights: Named 150 Top Places to Work in Healthcare 2024 - Becker's Healthcare Names One of the Diversity Leaders 2024 – Modern Healthcare Named One of America's Greatest Workplaces for Diversity 2024 - Newsweek Named One of America's Greatest Workplaces for Women 2024 – Newsweek Names One of America’s Greatest Workplaces for Job Starters 2024 – Newsweek SSM Health is a Catholic, not-for-profit health system serving the comprehensive health needs of communities across the Midwest through a robust and fully integrated health care delivery system. The organization’s 40,000 team members and more than 13,900+ providers are committed to providing exceptional health care services and revealing God’s healing presence to everyone they serve. With care delivery sites in Illinois, Missouri, Oklahoma and Wisconsin, SSM Health includes 23 hospitals, more than 300 physician offices and other outpatient and virtual care services, 12 post-acute facilities, comprehensive home care and hospice services, a pharmacy benefit company, a health insurance company and an accountable care organization. It is one of the largest employers in every community it serves. To request additional information, confidentially submit your interest, or nominate a fellow colleague, please contact: Jon Dirksen Executive Talent Partner [email protected] #LI-Remote Job Summary: Under the direction of the System Vice President of Pharmacy, responsible for the strategic executive direction and oversight of pharmacy business and financial management services and programs. The scope of oversight includes managing pharmacy budgets; driving cost savings and revenue optimization; fostering business growth; leading pharmacy supply chain and 340B programs; monitoring pharmacy revenue cycle performance; directing pharmacy business/data analytics services and technology; collaborating on innovative prescription benefit management processes; and directing pharmacy project coordination across these areas. Collaborates with ministry, regional and system-level pharmacy and executive leaders to shape the organization’s pharmacy business strategy.

Requirements

• Master’s degree in business related field or Pharmacy degree
• Ten years pharmacy experience, with seven years in direct people management/leadership

Responsibilities

• Provides financial expertise and accountability, identifying and leading initiatives to grow revenue and lower cost across pharmacy service lines.
• Collaborates with key stakeholders on system planning, business growth & development, and aligning pharmacy initiatives with the organization’s strategic plan.
• Oversees and effectively administers pharmacy operating and capital budgets, including setting annual financial goals.
• Identifies new pharmacy business opportunities, planning, implementing, and evaluating them as appropriate.
• Oversees business and vendor relationships and contracts with external entities such as medication wholesalers, distributors, group purchasing organizations, manufacturers, technology vendors, and other pharmacy-related business entities.
• Ensures pharmacy has a strong revenue cycle process, optimizing billing and charging. Works closely with appropriate stakeholders across the organization to ensure positive performance.
• Sets strategy for the 340B program including compliance, optimization efforts, and mitigation strategies to maximize savings for the system and patients using advanced knowledge of 340B program.
• Serve as the 340B subject matter expert for SSM Health, working with Apexus, Health Resources and Services Administration, other governmental authorities, external organizations, and internal stakeholders to ensure the integrity and success of the 340B program.
• Performs other duties as assigned.

Benefits

• SSM Health values our exceptional employees by offering a comprehensive benefits package to fit their needs.
• Paid Parental Leave: we offer eligible team members one week of paid parental leave for newborns or newly adopted children (pro-rated based on FTE).
• Flexible Payment Options: our voluntary benefit offered through DailyPay offers eligible hourly team members instant access to their earned, unpaid base pay (fees may apply) before payday.
• Upfront Tuition Coverage: we provide upfront tuition coverage through FlexPath Funded for eligible team members.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees