Senior Director, Pharmacy Business Strategy

Mass General BrighamBoston, MA
2dHybrid

About The Position

Mass General Brigham is growing and hiring for our Enterprise Team! Full Time with benefits: Senior Director, Enterprise Pharmacy Business Strategy Mass General Brigham (MGB) is an integrated academic health care system, uniting great minds to solve the hardest problems in medicine for their communities and the world. To be a global leader in healthcare, it is essential that our workforce reflects the patients we serve and offers a variety of perspectives. This enables us to develop better solutions to our challenges and deliver higher quality care with better patient outcomes. A workforce with a broad range of skills, experiences, and perspectives is best positioned to innovate, create solutions, provide the highest quality care to all our patients, and ensure that our patients maintain trust and feel confident seeking care from our provider community. The Opportunity Reporting to the Executive Director, Pharmacy Strategy and Business Development, the Senior Director of Pharmacy Business Strategy is responsible for shaping and executing the enterprise pharmacy business strategy to deliver measurable results. This role will lead the strategic and operational aspects of Mass General Brigham’s pharmacy business services, including financial management, supply chain optimization, and optimization with the 340B Drug Pricing Program. This teammate ensures the efficient delivery of pharmacy services across all care settings, maximizes cost savings, and maintains adherence to regulatory requirements. The Senior Director will act as a strategic advisor to MGB leadership, driving transformation, performance improvement, and sustainable growth across pharmacy services.

Requirements

  • Bachelor’s degree in Pharmacy or a PharmD degree (preferred)
  • Master’s Degree in health system pharmacy administration, business administration, or other relevant fields (Required)
  • 15+ years of progressive experience in healthcare strategy, management consulting, or enterprise pharmacy/health system leadership (preferred)
  • Ability to work strategically and collaboratively across departments and with stakeholders at various levels.
  • del design).Proven recommendations for executives.
  • Proven ability to assess, recruit, and develop top talent;
  • Exceptional interpersonal skills to effectively communicate with cross functional teams including staff at all levels of the organization
  • Politically savvy with proven experience in navigating difficult situations with multiple stakeholders;
  • Highly motivated to successfully manage many projects and responsibilities simultaneously.
  • Exceptional problem-solving, negotiation, and change management skills.
  • Ability to effectively conduct meetings, both formal and informal
  • Self-directed, thorough, and committed to a collaborative team approach.
  • Proven experience in a leadership role within healthcare administration.
  • Strategic thinking, progressive with a results-oriented mindset.
  • Ability to adapt to a fast-paced and dynamic healthcare environment.

Responsibilities

  • Pharmacy Enterprise Strategy & Business Transformation: Develop and implement comprehensive short-term and long range strategies for enterprise pharmacy services that align with MGB’s strategic vision and organizational goals.
  • Collaborate with executive leadership to integrate pharmacy services into broader health system initiatives.
  • Lead strategic assessments of existing services, identifying opportunities for innovation, optimization, and pharmacy business expansion.
  • Partner with executives across MGB to integrate pharmacy into systemwide initiatives and diversified business priorities.
  • Translate enterprise-level strategic priorities into clear, measurable initiatives with defined KPIs and patient outcomes Lead development and implementation of annual plan and required goals for each fiscal year
  • Financial Management: Oversee the development and management of Enterprise Pharmacy Business budgets across Mass General Brigham, ensuring fiscal responsibility and alignment with financial targets, staying on target for budgetary goals.
  • Monitor financial performance, identify drivers of variance, forecast future impacts and implement corrective actions as needed.
  • Lead initiatives to enhance revenue streams, optimize cost structures, and capture systemwide savings.
  • Direct contract strategy, negotiation, and fee structures for enterprise pharmacy services.
  • Technology and Innovation: Embrace new technologies which provide cutting-edge performance.
  • Implement innovative practices in enterprise pharmacy business.
  • Regularly assess operations for areas where technology can be used to enhance efficiencies.
  • Market Development: Identify, evaluate, and lead business development opportunities, partnerships, and models that expand pharmacy’s role within the Diversified Businesses Group.
  • Demonstrate enterprise and national excellence by expanding MGB enterprise pharmacy service.
  • Develop a comprehensive understanding of the regional and national pharmacy market to anticipate trends and position MGB competitively.
  • Support enterprise advocacy efforts to advance MGB’s pharmacy leadership locally and nationally.
  • Data Analysis and Reporting: Define metrics and develop dashboards to monitor and analyze pharmacy performance.
  • Provide reports and metrics to leadership through quarterly business review forum.
  • Assume responsibility for data used to support decisions and guide enterprise direction.
  • Team Leadership and Development: Recruit, lead and mentor a team of pharmacy professionals, fostering a culture of excellence and continuous improvement.
  • Conduct periodic reviews of workflows associated with daily operational tasks and enhance or recommend changes to increase efficiency and enhance productivity.
  • Ability to actively manage and deliver on leadership expectations around project activities, timeline, deliverables, and outcomes.
  • Conduct performance evaluations and provide opportunities for professional growth.
  • Promote collaboration across departments to enhance service delivery.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service