Pharmacy Network Consultant Sr.
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Role details
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Job description
The Pharmacy Network Manager is responsible for development and management of Prime’s retail, mail, specialty and quality-based pharmacy networks. This position is responsible for the management of Prime’s network vendor’s contracting activities ensuring contracting initiatives are effective and completed in accordance to Prime’s Supply Chain Cost of Goods Sold (COGS) and network management strategies. This position is responsible for representing Network Management on financial audits and network management projects., * Negotiate market competitive low to medium-high complexity pharmacy agreements for assigned pharmacies across all channels including retail, mail, specialty and quality-based channels and lines of business aligned to Supply Chain COGS strategies and compliant with Network Management policies
- Create and manage network contracting campaigns with network vendor; analyze information and report contracting performance to Network Management leadership, Network Client Services, Network Financial Analytics, Supply Shared Services, Pharmacy FWA and Audit and other as identified; ensure all contracting initiatives meet competitive discounts and client goals for each campaign
- Work with Prime’s reporting and analytics teams to establish network reporting for Prime and vendor’s pharmacy networks composition to assess network adequacy, contracting gaps and compliance with regulations
- Represent Network Management department in audits and on cross-functional projects or Network Client Services initiatives
- Perform network development, network analysis and management activities supporting strategy and network management priorities and projects
- Ensure all contractual obligations are in adherence with company policies, regulatory compliance and legal requirements and engage with Legal and Network Management leadership in negotiating non-standard contract language with pharmacies
- Establish, develop, and maintain relationships with chain, PSAOs and independent pharmacy providers
- Manage all legal-to-legal correspondences between Prime and Pharmacy Providers escalating to Prime Legal Counsel as required
- Other duties as assigned
Requirements
- Bachelor’s degree in finance, business, management, or related field of study, or equivalent combination of education and/or related work experience; HS diploma or GED is required
- 5 years of Network Management experience within Pharmacy Benefit Management (PBM), healthcare or other highly regulated industry; including 3 years of managed care experience in medical or pharmacy network contracting
- Must be eligible to work in the United States without the need for work visa or residency sponsorship
Must be eligible to work in the United States without the need for work visa or residency sponsorship
Additional Qualifications
- Excellent verbal and written presentation skills
- Ability to work independently and on highly complex contract language and agreements; strong attention to detail
- Ability to establish rapport and build relationships at all levels within an organization
- Enhanced organizational skills with the ability to work on multiple projects simultaneously
- Demonstrated ability to problem solve and interpret complex data; ability to analyze network information and synthesize it into meaningful information for a variety for audiences
- Ability to work with confidential data and maintain privacy
- Ability to evaluate and interpret policies and procedures, * Master’s degree in business, healthcare or related area of study
- Pharmacy contracting experience within a PBM or other related healthcare industry
- Knowledge of and experience within health care/PBM industry, Medicaid, Medicare and health plans
- Familiarity with contract language and pharmacy reimbursement methodologies
Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures
Benefits & conditions
Potential pay for this position ranges from $74,000.00 - $118,000.00 based on experience and skills.
About the company
At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us., At Prime Therapeutics (Prime), we are a different kind of PBM. We’re reimagining pharmacy solutions to provide the care we would want for our loved ones. That purpose energizes our team and creates limitless opportunities to make a difference.
We know that people make all the difference. If you’re ready for a purpose-driven career and are passionate about simplifying health care, let’s build the future of pharmacy together.
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