Pharmacy Cost Manager (Project Management)

Essential Duties:

• Responsible for management and facility enrollment of all new facilities into the Rebate Program
• Auditing all pharmacy invoices monthly:
• Identifying medications not per contract
• Monitoring for pharmacy excessive med filling.
• Communicating price discrepancy audit results to the pharmacy; tracking credits given to the facilities based on audits.
• Producing quarterly reports showing credits requested and received.
• Coaching facilities regarding medication management to improve pharmacy spend for facilities.
• Reviewing/analyzing all proposed pharmacy contracts, to assist administrators to negotiate more favorable contract terms. Assist in negotiations if requested by Regional or facility Administrator.
• Implement cost management saving strategies to reduce pharmacy costs, operational expense, and minimize spend without compromising quality care or service.
• Newsletter to all Administrators monthly highlight one area of pharmacy management to improve cost management as well as patient outcomes monthly.
• Act as a resource for consulting and education services to facility staff to maximize pharmacy inclusions and services.
• Provide operational solutions and strategic initiatives to minimize waste and drug destruction.
• Identify ways to Improve cost containment strategies for facilities.
• Facilitate communications and transparency between pharmacy and facility.
• Use data analytics to provide risk assessments, prescriber habits, and improve medication order efficiencies.