Long-Term Care Pharmacy Provider in Flint, MI is seeking Pharmaceutical Operations Manager: MBA; 36 months experience as pharmacy business manager. Salary $52,021/year.
- Assists CEO in development and implementation of both short and long-term plans, identify critical issues/opportunities by reviewing sales/financial analyses (i.e. cost/benefit analysis, data process modeling), utilize statistical techniques, use predictive modeling to devise practical solutions
- Develop approach to analyzing effectiveness of key processes and conduct impact assessment
- Conduct external research for improving efficiency of business operations using SWOT, PESTEL, 5 C analysis
- Assess process strengths and weaknesses, analytical procedures, transaction testing, bench marking of best practices across the business
- Assess new business opportunities; their potential impact, formulate strategic recommendations
- Define risk mitigation action plans to resolve process gaps.
- Analyzing the company’s position in the market, conduct detailed research analysis on competitors, analyzing growth and seasonal trends to predict demand.
- Oversee the marketing team in making and executing communication plans for both pharmacy team and nursing home e.g. setting up Quick Marr software.
- Analyze long term care facility needs, perceptions, and behavior through a combination of proprietary and syndicated customer research studies.
- Review and approve support documentation, work plans, and other deliverables by
- Defining the Swaps for the long-term facilities
- Managing the calendar for appropriate supply of medications to the nursing home care to minimize the inconvenience
- Synchronizing Long-term care facilities patient medications in order to deliver them on the same day, on a monthly basis by doing Medicine synchronization
- Switching of software to an upgraded version if needed and also supervise any technological advancement
- Update SOP’s for routine business operations
- Operations cost reduction by frequently providing managerial advice to enhance business, with the end desire to increase profits.
- Manage the coordination and performance of periodic physical inventories.
- Supervise department heads to allocate limited resources, efficient packaging schedules, managing the supply chain, and establish a competitive price structure.
- Supervise inventory management with the review of drug margins, ensure proper cost of goods sold is reported and make corrections for those drugs that show less than optimal margins.
- Supervise billing staff to ensure payment from insurance companies for 30,000 + claims per month through 835 upload or third-party checker (In-mar Reconciliation).
- Monitor over 60-day claims to ensure payment to reduce net aging cost for business.
- Manage the purchasing of pharmaceuticals process and buying team.
- Ensure proper research is performed to purchase the best product in terms of access, availability, supplier, price, and type of drug
- Ensuring proper minimum and maximum drug ordering limits are reviewed and maintained on a regular basis
- Monitor RX inventory levels and program efficiencies for Health and Wellness business units,
- Discontinuities of a product which is imminent due to drug back orders
- Monitor drug recalls and ensure compliance with drug supply chain security act (DSCSA)
- Minimize or eliminate DIR (Direct and Indirect Remuneration) fee by Medicaid, Blue Cross etc. to increase ASRX ratings to 5-star.
- Monitor compliance with supplier contract provisions.
- Coordinate nursing home and medical facilities client assignments, assure engagement efficiency and quality
- Maintain or develop vendor relationships. (i.e. Specialty RX items, OTC items, new/generic drug launches, flu vaccines) for inventory management.
- Act as the main point of contact for audits related to pharmacy inventory functions, billing, and ordering.
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