Pharmacy Business Manager
Columbus, OH 
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Posted 21 days ago
Job Description
Pharmacy Business Manager
Requisition ID 2021-31504
Category Allied Health
Overview

Pharmacy Business Manager

The Business Manager is responsible for developing, monitoring and analyzing business practices of the inpatient pharmacy. This position will work in conjunction with several department leaders, but primarily the Director of Support Services to provide analytics and monitor business activities.

Schedule: (Full time, Benefits Eligible)

Location:

Central Campus

700 Children's Dr

Columbus, Ohio 43205

Why Nationwide Children's Hospital?

The moment you walk through our doors, you can feel it. When you meet one of our patient families, you believe it. And when you talk with anyone who works here, you want to be part of it, too. Welcome to Nationwide Children's Hospital, where Passion Meets Purpose.

Here, Everyone Matters. We're 13,000 strong. And it takes every single one of us to improve the lives of the kids we care for, and the kids from around the world we'll never even meet. Kids who are living healthier, fuller lives because of the knowledge we share. We know it takes a Collaborative Culture to deliver on our promise to provide the very best, innovative care and to foster new discoveries, made possible by the most groundbreaking research. Anywhere.

Ask anyone with a Nationwide Children's badge what they do for a living. They'll tell you it's More Than a Job. It's a calling. It's a chance to use and grow your talent to make an impact that truly matters. Because here, we exist simply to help children everywhere.

Nationwide Children's Hospital. A Place to Be Proud

Responsibilities
    Works with Chief Pharmacy Officer, Director of Support Services and Director of Inpatient Pharmacy Services to develop and submit annual pharmacy inpatient expense (inpatient drug budget, FTE budget, etc), capital budget, and to develop and monitor quick start budget initiatives.
  • Responsible for inpatient pharmacy medication charging surveillance and risk mitigation including analytics necessary to utilize surveillance software.
  • Reviews and analyzes pharmacy inpatient medication charge reimbursement. When appropriate in conjunction with the Coordinator of Medication Use and Formulary Management.
  • Responsible for end of the month clinic charges to Finance. Reviews EOM summary from Pharmacy Stock system, add other charges as needed and send to Finance.
  • Works with Director of Support Services to manage, report, and optimize pharmacy inpatient revenue and expense metrics.
  • In collaboration with Purchasing Pharmacist creates analytics for and monitors wholesaler and direct medication expense purchasing patterns and trends.
  • Works with 340B coordinators to ensure hospital 340B compliance and optimization.
  • Works with Director of Support Services and / or purchasing pharmacist on contracting with vendors including overseeing contract review process with Legal department.
  • Working in conjunction with Chief Pharmacy Officer and Pharmacy Directors to develop financial projections, reports, and analysis related to new business planning.
  • Manages account and payment issues with pharmacy supply chain vendors.
  • Assists with annual physical inventory by providing analytics and reports necessary to split out WAC, 340B, and GPO inventory costing.
  • Other business related responsibilities as assigned by Director of Support Services.
Qualifications

KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

Education:

  • Master's degree in business or related field.

Required Experience:

  • At least 3 years' business experience
  • Ability to make decisions and coordinate activities
  • Good communication and interpersonal skills
  • Data analytics skillset
  • Pharmacy experience desired
  • Position requires the ability to interact effectively with customers and information systems personnel across the organization.

Minimum Physical Requirement:

  • Sitting - (Frequently)
  • Stooping - (Occasionally )
  • Standing - (Occasionally )
  • Talking on the phone or in person - (Frequently)
  • Typing on a keyboard - (Frequently)
  • Walking - (Occasionally)

EOE/M/F/Disability/Vet.

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Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Master's Degree
Required Experience
3+ years
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