PharMerica

Responsible for strategic development and execution of PBM and 3^rd Party Payor contracting for PharMerica LTC Pharmacy business units.

 

 

• Oversees all Pharmacy PBM and 3^rd Party Payor contracting process for LTC PharMerica business unit. This includes Medicare Part D, Commercial and Managed Medicaid.
• Manage and negotiate national 3^rd Party Payor and PBM contracts to ensure company’s objectives are met in a timely manner.
• Develops and executes a dynamic and strategic PBM and Payor strategy to support annual plan and business objectives. This includes effectively managing GER, BER and reconciliation processes.
• Responsible for financial oversight of the department including underwriting and auditing of all potential and existing contracts while working collaboratively with financial and operational leaders.
• Analyzes applicable Pharmacy PBM and 3^rd Party Payor contracts, associated documentation and proposed fees, and negotiates financial terms of contracts.
• Oversees all components of contracting process, database management and communication to all business owners.
• Participates and effectively manages all cross-functional needs to efficiently support the flawless implementation of new contractual relationships and collaboration with all appropriate internal stakeholders.
• Provides market segment performance and feedback to the leadership team.
• Significant understanding of the PBM and 3^rd Payor landscape, national and regional, and reimbursement processes across LTC Pharmacy business segment.
• Directs and performs analysis necessary to ascertain PBM and Payor compliance with contractual obligations.
• Excellent communication, executive presence, and interpersonal skills with demonstrated proficiency to advance business objectives cross-functionally.
• Understanding and working knowledge of PBM and 3^rd Party Payor program metrics, methodologies and recoupment processes.
• Conducts job responsibilities in accordance with the standards set out in the Company’s Code of Business Conduct and Ethics, its policies and procedures, the Corporate Compliance Agreement, applicable federal and state laws, and applicable professional standards.

• Education/Learning Experience
• Required: Bachelor’s degree in business administration, Life Sciences or related field
• Desired: MBA

 

• Work Experience
• Required: Ten (10) or more years of related PBM
• Required: Ten (10) or more years of health-plan contracting or provider experience
• Desired: Fifteen (15) or more years of management experience in healthcare setting

 

• Skills/Knowledge
• Required: Strong analytical, communication, management and relationship skills
• Required:  Advanced knowledge of Microsoft Office products (Excel, Word, Powerpoint), Power BI or SAS
• Licenses/Certifications
• Required:
• Desired:
• Travel
• Required: 25% (Trade Shows, Association meetings, etc.)
• Desired

 

PharMerica is a full-service pharmacy solution providing value beyond medication.  PharMerica is the long-term care pharmacy services provider of choice for senior living communities, skilled nursing facilities, public health organizations and post-acute care organizations.  PharMerica is one of the nation's largest pharmacy companies.  PharMerica offers unmatched employee development, exceptional company culture, seemingly endless opportunities for advancement and the highest hiring goals in decades.  For more information about PharMerica, please visit www.pharmerica.com.  Follow us on Facebook, Twitter, and LinkedIn.