What are the responsibilities and job description for the Corporate Director of Pharmacy Services / Business Operations and Finance position at Emory Healthcare?
Overview
Where you matter as much as the work you do
The Corporate Director of Pharmacy, Business Operations and Finance is an onsite opportunity, with considerations given to operate as a remote or hybrid role.
Emory Healthcare is an academic medical center with a high acuity patient population. Our pharmacy staff work side by side with our fellow health care providers creating an interdisciplinary team approach to patient care. The Pharmacy at Emory’s goal is to provide patient- and-family centered medication management to the patients we serve and defining a new standard of care for humankind.
Join Emory Healthcare (EHC) if you’re looking for an opportunity with one of the nation's leading Atlanta hospitals in cardiology and heart surgery, cancer, neurology, and more! EHC is where those around you are dedicated to the power of teamwork, fostering an environment where you can learn, grow, and innovate with similarly passionate professionals. Work with us to improve the quality of life throughout Georgia through partnerships with the U.S. Centers for Disease Control and Prevention, Georgia Institute of Technology, and other organizations and make a bigger, greater impact than you ever thought possible.
Description
JOB SUMMARY: The Corporate Director of Pharmacy, Business Operations and Finance is responsible for driving financial growth, strengthening revenue streams, and supporting pharmacovigilance efforts through planning and monitoring of expenses related to the delivery of pharmaceutical care at EHC. This role encompasses various responsibilities, including developing and implementing strategies to optimize financial performance, identifying and capitalizing on new business opportunities, and ensuring compliance with healthcare regulations. The Corporate Director of Pharmacy, Business Operations and Finance has accountability to the Sr. Vice President/Chief Pharmacy Officer and works closely with the Chief Financial Officer(s). Job Responsibilities: Develop and implement strategies to enhance the financial performance of pharmacy services, emphasizing cost savings, revenue growth, and operational efficiency. Conduct external learning by staying informed about industry trends, innovative financial models, and best practices in pharmacy management. Utilize financial data and analysis to identify areas for financial improvement and develop strategies for enhancement. Analyze financial data and performance metrics to identify areas for revenue growth and develop corresponding strategies. Explore strategic business opportunities both within and beyond the EHC, focusing on innovative revenue models and financial partnerships. Leverage external learning to identify potential financial collaboration opportunities with external providers, payors, and industry stakeholders. Participate in the development and execute business plans to expand Enterprise Pharmacy Services revenue streams. Partner closely with Finance, Patient Care Services, Office of General Counsel, and Compliance to ensure achievement of pharmacy financial targets and business goals. Lead development of the fiscal year operating and capital budgets for pharmacy cost centers in collaboration with pharmacy leadership and Finance. Prepare and monitor all inpatient, ambulatory, specialty, and infusion pharmacy monthly financial reports in consultation with department leadership. Forecast drug expenses for purposes of revenue and expense budget planning. Collaborate with revenue cycle teams to ensure integrity, efficiency, and effectiveness of revenue cycle. Direct activities of pharmacy personnel associated with 340B program oversight and operations. Provide support for business plans and financial modeling projects. Collaborate with pharmacy leadership team to support contract negotiations, execution, and monitoring to performance. Implement financial strategies to optimize revenue generation within the pharmacy service line. Incorporate external learning by staying updated on emerging pharmacy revenue models and reimbursement trends. Other duties as assigned. MINIMUM QUALIFICATIONS: Degree in pharmacy required. Masters degree in pharmacy, health services, or business administration or related field preferred. A minimum of seven years prior healthcare, pharmacy and finance related experience. Eligible for Georgia Licensure. Candidate is required to be licensed in Georgia prior to official start date. Must also have extensive experience in pharmacy financial performance with emphasis in the areas of 340B Program, budget, and contract/agreement experience. Advanced knowledge and demonstrated skills in contemporary analysis software required. 3 years in pharmacy finance, 340B program knowledge preferred. PHYSICAL REQUIREMENTS (Medium): 20-50 lbs; 0-33% of the work day (occasionally); 11-25 lbs, 34-66% of the workday (frequently); 01-10 lbs, 67-100% of the workday (constantly); Lifting 50 lbs max; Carrying of objects up to 25 lbs; Occasional to frequent standing & walking, Occasional sitting, Close eye work (computers, typing, reading, writing), Physical demands may vary depending on assigned work area and work tasks. ENVIRONMENTAL FACTORS: Factors affecting environment conditions may vary depending on the assigned work area and tasks. Environmental exposures include, but are not limited to: Blood-borne pathogen exposure Bio-hazardous waste Chemicals/gases/fumes/vapors Communicable diseases Electrical shock , Floor Surfaces, Hot/Cold Temperatures, Indoor/Outdoor conditions, Latex, Lighting, Patient care/handling injuries, Radiation , Shift work, Travel may be required. Use of personal protective equipment, including respirators, environmental conditions may vary depending on assigned work area and work tasks.
Additional Details
Emory is an equal opportunity employer, and qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status or other characteristics protected by state or federal law.
Emory Healthcare is committed to providing reasonable accommodations to qualified individuals with disabilities upon request. Please contact Emory Healthcare’s Human Resources at careers@emoryhealthcare.org. Please note that one week's advance notice is preferred.