Pharmacy Leadership Fellow

POSITION SUMMARY : Boston Medical Center Health System is an approximately $6B system whose mission is to provide Exceptional Care without Exception. The Health System includes a tertiary academic medical center (Boston Medical Center), faculty practice foundation, Medicaid managed care organization (Wellsense), network of community health centers and an accountable care organization (Boston ACO). Anchored by Boston Medical Center, which has been serving Boston's most vulnerable patient population for over 150 years, BMCHS is unwavering in its commitment to serve the community and united in its vision to "make Boston the healthiest urban population in the world by 2030.” The pharmacy section at BMCHS is a wide-reaching, complex organization made up of one of the largest integrated specialty pharmacies in the country at nearly $900Min annual revenue, a leading clinical and residency program, and a health insurance company managing over 750,000 lives, working together as a system to deliver cutting edge clinical initiatives. As our pharmacy department works to build the next generation of diverse pharmacy leaders, we are continuing a 1-year fellowship program aimed to equip communities that have historically been omitted from pharmacy leadership roleswith the foundation, tools, and experiences to problem solve any issue facing them in their future careers as pharmacy leaders. Our program will guide the next generation of pharmacy leadersby exposing them to all aspects of the pharmacy value chain and preparing them to translate the pharmacist experience to the executive C suite. Compared to traditional hospital-based residency and other fellowship programs, our program leverages BMC’s unique position as a health system as well as placements with strategic partnersto provide pharmacy leadership fellows with experiences working alongside the various stakeholders affecting a pharmacy business, including payers, retail, specialty, MCOs, distributors, and PBMs. The fellowship program will begin in July 2025 and run through June 2026. Beginning with a 1-2 month shadow period across the health system (including non-pharmacy functions) to enhance the fellow’s understanding of how the system operates, the BMCHS Pharmacy management fellow will spend the remainder of the year completing targeted project-based rotations, leading and contributing to strategic initiatives across BMC Health System Pharmacy and our strategic partners. The ideal candidate will play a critical role in leading initiatives for pharmacy: engaging key stakeholders, developing critical analyses, driving decisions, and implementing change. They will work directly with the CPO and other senior leaders on a day-to-day basis. This role represents an ideal entry or pivot point for those looking to lead at the senior level within any pharmacy business. Applications will no longer be accepted after December 2 nd , 2024. Position: Pharmacy Leadership Fellow Department: Pharmacy Administration Schedule: Full Time ESSENTIAL RESPONSIBILITIES / DUTIES: Bring a fresh perspective to identify process or performance improvement opportunities, with a focus on quality, growth, and efficiency Directly and indirectly lead cross-functional pharmacy projects by guiding, motivating, and driving others to action Provide project management and implementation oversight on selected strategic projects Support the Vice President, the Pharmacy Strategy team, and other Pharmacy leaders in the development and evaluation of business opportunities Conduct rigorous analysis to support decision-making Present a final presentation, highlighting key projects and lessons learned throughout the fellowship Be a champion for BMC / Pharmacy culture and norms with corporate, client, and on-site teams, ensuring it flows through in every interaction and process Leadership fellow projects will vary year to year and are based on system priorities. Some examples of potential projects are included below; in general, projects provide broad system-wide exposure and are both financially and clinically impactful : Lead competitive analyses to evaluate the commercial potential of productizing internal BMCHS pharmacy solutions Lead the process for establishing a regular cadence for dashboard/report card of health plan performance versus State benchmarks; requires collaborating and aligning priorities among a variety a system VPs (e.g. VP of System Analytics, SVP Wellsense Pharmacy, Advocacy) Help the pharmacy leadership team develop and refine workflows for their respective operations to ensure seamless performance or execution of new quality initiatives (e.g. optimizing refills and access to medications) Lead analysis with BMC strategic partner to assess benefits of BMC joining a new strategic collaborative Lead modeling and determine operating team structures and sizes for different department situations, aligning stakeholders on criteria (e.g. for central fill eligibility, metrics for expected and anticipated volume capture for targeted drugs, etc.) Respond to state RFPs, bringing a strategic lens to align BMC quality standards with strategic partners’ (The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job. The above is not intended to represent an exhaustive list of accountable duties and responsibilities required). JOB REQUIREMENTS EDUCATION: Recent graduate from an accredited dual degree Doctor of Pharmacy program, plus M.B.A or another advanced Master’s degree OR a Doctor of Pharmacy Degree, plus 3+ years of relevant post-graduate work experience CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED : Work requires licensure to practice pharmacy in the state of Massachusetts, or eligibility to become fully licensed within 45 days from date of hire. EXPERIENCE: Included within education above. Prior experience leading multi-stakeholder initiatives or launching programs in cross-functional environments, with demonstrated business knowledge a plus. KNOWLEDGE AND SKILLS: The ideal candidate will be a naturally curious, high-energy, team-oriented, problem-solver looking to accelerate their learning and experience within a complex pharmacy business. Passion for hospital leadership and providing the best health care to every person, regardless of their social or economic circumstances Ability to tackle complex and unstructured problems by efficiently identifying the critical issues Relentlessly drives toward potential solutions, including moving to options B, C, D, and E when necessary; awareness of when to elevate issues to senior leadership when intervention is necessary Ability to manage multiple high priority projects simultaneously and prioritize to meet key deadlines without frequent formal check-in's Dedicated team player with the willingness and desire to learn and grow. Strong interpersonal skills to develop support from different hospital functions, vendors, and partners Exceptionally strong written and verbal communications skills along with the ability to distill complex analysis and recommendations into succinct, persuasive executive presentationsto all levels of leadership and staff. Ability to communicate effectively and remain calm and courteous under pressure Highest level of integrity and respect for patients and colleagues Proficient with standard Microsoft programs (i.e. MS Word, Excel, PowerPoint, Outlook) and web browsers. Equal Opportunity Employer/Disabled/Veterans #J-18808-Ljbffr