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Pharmacy Sourcing Executive
Vizient, Inc. Irving, TX
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$142k-183k (estimate)
Full Time Just Posted
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Vizient, Inc. is Hiring a Pharmacy Sourcing Executive Near Irving, TX

When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.
Summary:
In this role, you will manage a market-leading portfolio of pharmaceutical supplier agreements delivering best-in-class contracting strategies and expertise that provide supply chain cost reductions. You will maintain existing pharmacy program opportunities by coordinating stakeholder needs through the execution of contracting, advisory, compliance, policy, and analytics services. You will support the development of new opportunities in partnership with team members.
Responsibilities:
  • Ensure alignment of business strategy with overall corporate strategic objectives related to services and contracting activities.
  • Ensures project and contract alignment to stakeholder needs and market competitiveness, partnering with cross-functional teams maximize value.
  • Capture and organize information shared during voice of customer engagements to learn stakeholders' requirements, strategic agendas, and tactical direction.
  • Identify strategic issues and opportunities for improving stakeholder satisfaction and engagement based upon the voice of customer sessions.
  • Review financial aspects of assigned contracts including budget accruals, forecasting, and revenue expectations.
  • Lead key pharmaceutical negotiations process that includes opportunity identification, strategy formulation, contract development, negotiation, documentation, and implementation.
  • Apply deep knowledge of standard contract terms and conditions to help answer provider questions.
  • Build relationships with pharmaceutical suppliers and serve as single point of communication on pharmacy service programs.
  • Deliver superior customer service experience to the client.
  • Partner with legal resources to explain difficult concepts or unique situations; develop appropriate contract terms.
  • Establish working relationships with stakeholders and build rapport to become a trusted advisor.
  • Ensure stakeholders understand where and how to access pharmacy program offerings (e.g., contract catalog, reporting, clinical website, communications, peer-to-peer meetings)
  • Monitor, review, and update existing projects and contracts based on market changes (e.g., new drugs, new research findings, new policy); may contribute to new projects and contracts that produce strategic and market insights, best practices, and deliver value for stakeholders.
Qualifications:
  • Pharmacy or PharmD Degree required.
  • 5 or more years of relevant experience required.
  • Health System, Ambulatory or Specialty experience preferred.
  • Sourcing experience a plus.
  • Superior communication (written and verbal) and organizational skills.
  • Strong presentation and customer service skills.
  • Cross-functional interaction skills with a proven track record of delivering results needed.
  • Willingness to travel.
#IDS
#JS1
Estimated Hiring Range:
$117,600.00 - $175,050.00
This position is also incentive eligible.
Vizient has a comprehensive benefits plan! Please view our benefits here:
http://www.vizientinc.com/about-us/careers
Equal Opportunity Employer: Females/Minorities/Veterans/Individuals with Disabilities
The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

Job Summary

JOB TYPE

Full Time

SALARY

$142k-183k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

05/16/2024

WEBSITE

vizientinc.com

HEADQUARTERS

WAYCROSS, GA

SIZE

3,000 - 7,500

FOUNDED

1977

REVENUE

$50M - $200M

INDUSTRY

Business Services

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About Vizient, Inc.

Vizient is the largest member-driven health care performance improvement company in the country. We provide solutions and services that improve the delivery of high-value care by aligning cost, quality and market performance for more than 50% of the nations acute care providers, which includes 95% of national academic medical centers, and more than 20% of ambulatory care providers. Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents more than $100 billion in annual purchasing volume, to improve patient outcomes and lower costs. Vizient h...as earned a Worlds Most Ethical Company designation from the Ethisphere Institute every year since its inception and has again been recognized in the annual survey by Modern Healthcare magazine as the industrys third largest consulting group among 43 firms for 2019. Vizient was also selected by Modern Healthcare as one of the 2019 Best Places to Work in Healthcare. Headquartered in Irving, Texas, Vizient has offices in 20 metropolitan areas across the United States. We have 3,100 employees with a breadth of expertise, experience and compassion, who are eager to develop and implement solutions that advance health care for the greater good. Learn more at www.vizientinc.com. More
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