Banner Healthposted 13 days ago
Full-time • Mid Level
Phoenix, AZ
Hospitals

About the position

As a Pharmacy Prep and Dispensing Program Director, you will be focused on analyzing pharmacy procurement opportunities, either product conversions or contract proposals, for cost savings to Banner Health. This role will interact with the procurement team, facility buyers and leaders, and the analytics team. You will be able to analyze data, develop insights, draw conclusions, and will be able to work with other teams to implement changes. The expectation is to have an interest in growing your knowledge of pharmacy data and help to deepen insights into the underlying business through improved reporting and analysis. Having a degree in finance or industrial engineering or a good handle on cost reporting combined with Pharmacy knowledge will be helpful in this role. You will work remotely, with the potential to be in office or visiting one of the Banner facilities. Initially there will be more on site interactions, eventually expected to go on site one day per week.

Responsibilities

  • Provides leadership in the achievement of financial goals including pharmaceutical spend optimization, WAC reduction strategies, 340B optimization, and procurement standardization.
  • Coordinates purchase analysis with Contracting team members to deliver cost-savings to hospitals, clinics, and retail pharmacies.
  • Works closely with pharmacy services Outcomes and Analytics team to define and develop new reporting, focused on actionable cost savings, contract compliance, and opportunity analysis.
  • Presents detailed medication spend analysis and trends to stakeholders including internal committees, management and administration.
  • Leads the analysis and evaluation of clinical outcomes, financial and operational performance, and business planning related to specific improvements and design of new services.
  • Manages and monitors contracts or subcontracts to ensure invoicing is accurate and aligns with contracted price.
  • Supports the achievement of financial goals and performance metrics for Banner facilities.

Requirements

  • Bachelor's degree in industrial engineering, finance or related field or equivalent experience.
  • Significant experience typically gained through two to four years relevant work experience.
  • Ability to apply quantitative and qualitative process improvement techniques and perform advanced data analysis.
  • Proficient with one or more operating systems, spreadsheets, database managers, presentations programs, and word processors.
  • Demonstrated record of leadership with effective communication (verbal and written) and presentation skills.
  • Ability to identify and meet customer needs in a team environment.
  • Effective negotiation capabilities and ability to lead in a highly matrixed environment.

Nice-to-haves

  • Experience in pharmacy or healthcare preferred.
  • Additional related education and/or experience preferred.

Job Keywords

Hard Skills
  • Business Planning
  • Contract Analysis
  • Contract Compliance
  • Opportunity Analysis
  • Performance Metric
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