Director of Pharmaceutical Contracting

4 weeks ago


Downers Grove, Illinois, United States CVS Health Full time
Job Summary:

At CVS Health, we're committed to delivering enhanced human-centric healthcare for a rapidly changing world. As a Director of Pharmaceutical Contracting, you'll play a critical role in shaping our strategy to lower costs for branded pharmaceutical utilization covered under the medical benefit for CVS Caremark.

Key Responsibilities:

• Lead discussions and engage in strategic negotiations on high-value medical rebate contracts and value-based agreements for Medicare Part B, Managed Medicaid, and Commercial segments.

• Manage the business relationship with pharmaceutical manufacturers and contracting for discounts on branded pharmaceutical products.

• Partner with cross-functional teams across the organization to drive high-profile negotiation strategies.

Requirements:

• Minimum of 8 years of experience in managed care, including PBM, Pharma, market access, account management, specialty pharmacy, or health plan.

• Ability to travel up to 10% if necessary.

Preferred Qualifications:

• 8+ years of experience negotiating contracts in the Healthcare or PBM industry.

• Strong knowledge and understanding of pharmaceutical medical rebates, buy and bill, and/or Medicare Part B benefit designs.

• Familiarity with ASP pricing and reporting of pharmaceutical products.

• Experience with Value-Based Contracts on pharmaceutical products, CAR-T, and/or Gene Therapy.

• Coordination of key decision-makers and ability to elevate critical issues.

What We Offer:

• Competitive pay range: $100-$231,540.00

• Bonus, commission, or short-term incentive program

• Award target in the company's equity award program

• Comprehensive benefits package, including medical, dental, and vision benefits

• 401(k) retirement savings plan and Employee Stock Purchase Plan

• Paid Time Off (PTO) and paid holidays

• Well-being programs, education assistance, and free development courses

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