VICE PRESIDENT, CHIEF PHARMACY OFFICER

Vice President, Chief Pharmacy Officer HMH HOSPITALS CORPORATION, Edison, New Jersey Requisition # 2025-171736 | Shift Day | Status Full Time with Benefits Overview Our team members are the heart of what makes us better. At Hackensack Meridian Health we help our patients live better, healthier livesand we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. Its also about how we support one another and how we show up for our community. Together, we keep getting better advancing our mission to transform healthcare and serving as a leader of positive change. Responsibilities Strategy and Vision Development Create a cohesive vision for the Pharmacy function across the network, focusing on growth opportunities. Set functional objectives and establish short?term and long?range strategies in partnership with local and network pharmacy leaders. Design and implement key strategic initiatives to improve the pharmacy revenue cycle, system integration, purchasing power, replenishment and inventory control. Identify community needs and new revenue opportunities, develop program proposals, and lead marketing and outreach efforts. Create and oversee network advisory councils of subject matter experts. Ensure the pharmacy function stays competitive, identifying trends, best practices and innovative solutions. Communicate vision and strategy to local sites and hold leaders accountable for execution. Lead relevant clinical research initiatives across the pharmacy function. Policies and Procedures Develop and revise the Pharmacy Policy and Procedure Manual. Administer a network?wide formulary management and medication usage review program. Identify medication cost?saving initiatives through utilization and operational changes. Oversee drug distribution policies and collaborate with nursing. Maintain policies for pharmacy, in collaboration with local and network leaders. Develop curriculum for pharmacy students within the network. Establish a network?wide patient experience approach and develop patient care policies. Collaborate on a drug diversion monitoring and prevention program. Performance Management Establish a standard drug formulary across the network while accounting for specialized needs. Ensure pharmacy integration into care pathways. Execute productivity measurement programs and report metrics. Implement process improvements based on performance data. Leverage benchmarking tools for operational improvements. Allocate resources for the pharmacy function based on volume, expense projections and risk/benefit analysis. Assist in budgeting, monitor key financial indicators and pharmaceutical spend. Equipment, Purchasing, and Contracts Coordinate equipment and drug purchases with central purchasing. Develop a long?range capital plan for pharmacy services. Create centralized purchasing and service agreements. Develop a drug shortage risk mitigation strategy. Regulatory Compliance and Accreditation Ensure required licenses for each pharmacy facility. Establish policies and standards in conformance with TJC, DEA, licensure requirements and hospital policy. Optimize and expand the 340B program while maintaining compliance. Quality and Metrics Implement procedure changes to improve patient experience and outcomes. Monitor and improve metrics and outcome measures. Support achievement of national quality, safety and experience metrics. People Management Make hiring and performance decisions with facility and network leaders. Train, coach, and develop pharmacy leaders. Ensure orderly succession planning. Conduct performance appraisals objectively and timely. Relationship Management Collaborate with leaders across the network to align pharmacy strategy with system standards. Community and Industry Relations Represent HMH in community, state, and national programs. Participate in industry bodies to bring best practices to HMH. Qualifications Bachelor's degree in Pharmacy, an advanced degree in Pharmacy (PharmD or Masters of Science) or a Master's in Business Administration. Minimum of 10 years of progressively responsible experience in healthcare operations and hospital clinical pharmacy management, with at least 7?8 years in a leadership role. Excellent financial management, delegation, and organizational skills. Ability to establish and measure metrics to assess success of the functional area. Strong understanding of regulatory compliance as related to the functional area. Knowledge of healthcare metrics, benchmarks, and standards that drive industry performance. Ability to implement and execute a successful business transformation. Ability to develop a high?performing team in a matrix environment, articulate a clear vision and lead employees through change while building trust and buy?in. Strong leadership presence, relationship building skills and ability to influence and lead across all levels. Creative and transformational problem?solver. Strong business acumen focused on maximizing business and financial results, including 340B experience. Knowledge of healthcare industry trends to assess future market needs. A market shaper and innovator within the HMH culture. Demonstrated accomplishments advancing pharmacy practice and developing business lines. Education, Knowledge, Skills And Abilities Preferred 5 years of clinical experience preferred. Proven competence in Microsoft Office Programs (Word, PowerPoint, Excel) or Google Productivity Suite (Docs, Sheets, Slides). Licenses And Certifications Required Current State licensure as a Registered Pharmacist (RPh). Compensation Starting at $360,859.20 Annually. HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market?competitive total rewards package. Job Duties The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted hourly rates may be stated as an annual salary in the offer and posted annual salaries may be stated as an hourly rate in the offer, depending on the level and nature of the job duties and credentials of the candidate. The base compensation determined at the time of the offer may be different than the posted rate of pay based on a number of non?discriminatory factors, including but not limited to: Labor Market Data: Compensation is benchmarked against market data to ensure competitiveness. Experience: Years of relevant work experience. Education and Certifications: Level of education attained, including specialized certifications, credentials, completed apprenticeship programs or advanced training. Skills: Demonstrated proficiency in relevant skills and competencies. Geographic Location: Cost of living and market rates for the specific location. Internal Equity: Compensation is determined in a manner consistent with compensation ranges for similar roles within the organization. Budget and Grant Funding: Departmental budgets and any grant funding associated with the job position may impact the pay that can be offered. Some jobs may also be eligible for performance?based incentives, bonuses, or commissions not reflected in the starting rate. Certain positions may also be eligible for shift differentials for work performed on evening, night, or weekend shifts. In addition to our compensation for full?time and part?time (20+ hours/week) job positions, HMH offers a comprehensive benefits package, including health, dental, vision, paid leave, tuition reimbursement, and retirement benefits. Equal Opportunity Employer HACKENSACK MERIDIAN HEALTH (HMH) IS AN EQUAL OPPORTUNITY EMPLOYER. All qualified applicants will receive consideration for employment without regard to age, race, color, creed, religion, sex, sexual orientation, gender identity or expression, pregnancy, breastfeeding, genetic information, refusal to submit to a genetic test or make available to an employer the results of a genetic test, atypical hereditary cellular or blood trait, national origin, nationality, ancestry, disability, marital status, liability for military service, or status as a protected veteran. #J-18808-Ljbffr