Senior Vice President, Chief Pharmacy Officer, West Orange

Job Title
SVP & Chief Pharmacy Officer
Location
RWJBarnabas Health Corporate Services, 95 Old Short Hills Road, West Orange, NJ *****
Department
Pharmacy
Position Type
Full-Time, Day Shift, Salaried
Pay Range
$375,****** - $525,****** per year (anticipated annual salary range for New Jersey)
Job Overview
The SVP and Chief Pharmacy Officer leads strategy and policy development for all RWJBarnabas Health Pharmacy across the system to drive cohesiveness, standardization and consistency.
The officer manages the administration and performance of all pharmacy and 340B functions, delegating responsibilities to facility and system pharmacy leadership.
Reports To
The SVP and Chief Pharmacy Officer reports directly to the Executive Vice President, President – Northern Region, RWJBarnabas Health.
Qualifications
Bachelor's degree in pharmacy, an advanced degree in pharmacy (PharmD or Masters of Science) or a 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 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.
Licenses And Certifications Required
Current New Jersey State licensure as a Registered Pharmacist (RPh).
Essential Functions
Creates a cohesive vision for the pharmacy function (inpatient, outpatient, ambulatory retail, specialty and home infusion, post-acute care, and research) 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 all aspects of the pharmacy revenue cycle, including cost-effective efficiencies in systems integration, purchasing power, replenishment and inventory control.
Maintains, optimizes and expands the 340B program while ensuring regulatory compliance.
Assists in identifying and addressing community needs and ways to expand the business through outreach programs and patient-satisfaction improvements.
Develops and implements strategies to add new and expanded revenue sources while improving savings.
Communicates and ensures execution of the pharmacy vision in alignment with the system vision.
Leads relevant clinical research initiatives across the pharmacy function as appropriate.
Administers system-wide formulary management and medication-usage review programs with key stakeholders.
Establishes and maintains policies and procedures for pharmacy, in collaboration with local and system leaders, informed by best practices.
Continually reviews and enhances the system-wide drug diversion monitoring and prevention program.
Works with clinical leaders to ensure pharmacy integration into care pathways and appropriate medication use.
Oversees budget development, monitors key financial indicators and performance metrics associated with pharmacy spend and revenue.
Works closely with facility leaders and system purchasing to evaluate needs and coordinate equipment and drug purchases and upgrades.
Enhances and monitors centrally managed pharmacy-related purchasing and service agreements to ensure optimal efficiencies.
Creates a network drug-shortage risk-mitigation strategy to ensure patient access while maintaining compliance with accreditation standards.
Establishes pharmacy policies, regulations, procedures and standards in compliance with Board of Pharmacy, DEA, and DOH requirements.
Partners with stakeholders to make decisions regarding hiring and performance management of facility and system pharmacy leaders.
Trains, coaches and develops facility and system pharmacy leaders, with succession planning in place.
Other Duties
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee.
Duties may change at any time with or without notice.
Benefits And Perks
Paid Time Off (Vacation, Holidays, and Sick Time)
Retirement Plans
Medical and Prescription Drug Insurance
Dental and Vision Insurance
Disability and Life Insurance
Paid Parental Leave
Tuition Reimbursement
Student Loan Planning Support
Flexible Spending Accounts
Wellness Programs
Voluntary Benefits (e.g., Pet Insurance)
Community and Volunteer Opportunities
Discounts through partners such as NJ Devils, NJ PAC, Verizon, and more
Choosing RWJBarnabas Health!
RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team.
We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time.
As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education and research to address both the clinical and social determinants of health.
RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey by improving health outcomes, creating educational and career opportunities, and enhancing coordination for complex health conditions.
Our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees' physical, emotional, social and financial health.
Equal Opportunity Employer Statement
RWJBarnabas Health is an Equal Opportunity Employer.
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