Pharmacy Cost Manager

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.