Senior Vice President, Chief Pharmacy Officer

Job Title

SVP & Chief Pharmacy Officer

SBC Corporation

Pharmacy

Salaried

Day

$ - $ per year

The above reflects the anticipated annual salary range for this position if hired to work in New Jersey.

The compensation offered to the candidate selected for the position will depend on several factors, including the candidate's educational background, skills and professional experience.

The SVP and Chief Pharmacy Officer leads strategy and policy development for all RWJBH Pharmacy across the system to drive cohesiveness, standardization and consistency across our organization. She/he/they manage(s) administration and performance of all pharmacy and 340B functions, delegating appropriate responsibilities to facility and system pharmacy leadership.

• The SVP and Chief Pharmacy Officer reports directly to the Executive Vice President, President – Northern Region, RWJBarnabas Health.

• Bachelor’s degree in pharmacy, an advanced degree in pharmacy (Pharm
  
  D or Masters of Science) or Master’s in Business Administration required.
• Minimum of 15 years progressive experience in operations and hospital pharmacy management, with at least 8 years in a senior leadership role.
• Apexus Advanced 340B Operations Certificate strongly preferred.
• In-depth knowledge of the 340B program, including contracted pharmacy relationships, Apexus and HRSA recommendations and requirements.
• Excellent financial management, delegation, and organizational skills.
• Sound business acumen focused on maximizing business and financial results.
• Expertise in regulatory compliance as related to assigned functional areas.
• Strong executive presence and relationship building skills with proven ability to influence, lead and direct stakeholders in multiple functional areas and across all levels.
• Proven effective leader known for curiosity, creativity and transformational problem-solving.
• Demonstrated advancement of pharmacy practices and continuous business development.
• Proven competency in all components of Microsoft 365.

• Current New Jersey State licensure as a Registered Pharmacist (RPh).

• Creates a cohesive vision for the pharmacy function (inpatient, outpatient, ambulatory retail, specialty and home infusion, post-acute care, and research across the system), with a focus on enterprise-wide growth opportunities.
• Establishes short and long-term pharmacy strategies for the system, in collaboration with providers, nursing and local pharmacy leaders.
• Designs and implements key strategic initiatives to build and improve upon all aspects of pharmacy revenue cycle including but not limited to: building cost-effective efficiencies in the areas of systems integration, purchasing power, replenishment and inventory control.
• Maintains, optimizes and expands the 340B program while continually ensuring regulatory compliance.
• Assists in identifying and addressing community needs and ways to expand the business through outreach programs and improving patient satisfaction.
• Develops and implements strategies to add new and expanded sources of revenue, while improving savings.
• Creates, communicates and ensures execution pharmacy vision and in alignment with system vision.
• Leads relevant clinical research initiatives across the pharmacy function as appropriate.
• Administers system-wide formulary management and medication usage review program in conjunction with appropriate key stakeholders.
• Establishes and maintains policies and procedures for pharmacy, in collaboration with local and system pharmacy leaders, informed by internal and external best practices.
• Continually reviews and enhances the system wide drug diversion monitoring and prevention program.
• Works with clinical leaders to ensure pharmacy integration into the appropriate care pathways and assures appropriate use of medications.
• Oversees the development of budgets, monitors relevant key financial indicators and performance metrics associated with pharmacy spend and revenue.
• Works closely with facility leaders and system purchasing to evaluate…