Director, Pharmacy Business and 340B Program

TAL Healthcare

  • Stamford, CT
  • Permanent
  • Full-time
  • 2 days ago
Our client, a leading healthcare organization dedicated to exceptional patient care and operational excellence, is hiring a highly skilled and strategic Director of Pharmacy Business & 340B to oversee financial operations, regulatory compliance, and program management within their hospital system. This critical role combines advanced business acumen with deep expertise in pharmacy operations and the Medicare 340B Drug Pricing Program, playing a vital part in optimizing budget performance, ensuring compliance, and supporting the hospital’s financial sustainability. The position offers a unique opportunity to lead complex initiatives in a dynamic environment, making a tangible impact on the organization’s success.Responsibilities:
  • Lead financial oversight initiatives including pharmacy inventory control, billing, invoice processing, cost containment, and contract negotiations.
  • Maintain and optimize the pharmacy charge master for accuracy and efficiency.
  • Oversee the 340B Drug Pricing Program across all entities and contract pharmacies, ensuring compliance with HRSA regulations.
  • Develop and implement policies aligned with evolving regulatory requirements to maximize program benefits and safeguards.
  • Collaborate with senior leadership to develop, monitor, and analyze annual operating and capital budgets, supporting strategic financial planning.
  • Prepare detailed financial reports, analyze variances, and recommend cost-saving opportunities.
  • Oversee pharmacy inventory management and procurement trends for operational efficiencies.
  • Conduct compliance audits and monitor regulatory adherence for all pharmacy billing and 340B activities.
  • Manage vendor contracts and pharmaceutical rebate processes in partnership with legal and finance teams.
  • Supervise and evaluate direct reports, including specialists in inventory, compliance, and data analytics.
  • Oversee specialty pharmacy operations and support payor access initiatives as needed.
  • Foster continuous process improvements to enhance program integrity and compliance.
Requirements:
  • Pharmacist license preferred, though not mandatory.
  • Minimum of 3-5 years' experience managing a pharmacy 340B program, with deep knowledge of its legislative, regulatory, and audit requirements.
  • Proven expertise in healthcare finance, budgeting, and financial analysis.
  • Strong leadership skills with experience managing diverse teams.
  • Proficiency in MS Office (Excel, Word, PowerPoint, Access).
  • Familiarity with pharmacy purchasing, inventory management, and vendor contract negotiations.
  • Apexus 340B certification is required.
  • Bachelor’s degree in healthcare administration, pharmacy, business, or related field; master's degree preferred.
Some of the Benefits:
  • Competitive salary range between $170,000 and $225,000, plus bonus eligibility.
  • Generous PTO policy (31 days off, 6 holidays, 1 floating holiday).
  • Comprehensive medical, dental, and vision insurance.
  • 403(b) retirement plan with a 4% match and additional end-of-year 1% employer contribution.
  • Hybrid work environment.
  • Supportive leadership focused on professional development.
Join a forward-thinking organization committed to operational excellence and patient-centered care. If you possess a strategic mindset, exceptional financial skills, and a passion for healthcare program optimization, apply now to help shape the future of pharmacy services within this innovative health system.Salary: The posted range is not a guarantee. The actual salary will be based on qualifications, experience, and education and could fall outside of this range. Contact us for more information.
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TAL Healthcare