Director Pharmacy Financial Strategy and Operations

Welcome to Highmark Health, where we are committed to providing exceptional healthcare services to our community. We are currently seeking a highly skilled and dedicated individual to join our team as the Director of Pharmacy Financial Strategy and Operations. In this role, you will play a critical role in driving financial strategies and operations for our pharmacy department. This is an exciting opportunity for a seasoned professional who is passionate about making a difference in the healthcare industry. We are looking for someone with a strong background in pharmacy operations, financial analysis, and strategic planning. If you have a proven track record of success in these areas and are ready to take on a leadership role, we encourage you to apply for this position.

1. Develop and implement financial strategies to optimize the pharmacy department's operations and drive growth.
2. Monitor and analyze financial performance, identifying areas for improvement and making recommendations for cost-saving measures.
3. Oversee budget planning and forecasting for the pharmacy department, ensuring financial goals are met.
4. Collaborate with cross-functional teams to develop and implement strategic plans for improving pharmacy operations and efficiency.
5. Manage and mentor a team of financial analysts and pharmacy operations staff to ensure smooth functioning of the department.
6. Stay updated on industry trends and best practices related to pharmacy financial management and make recommendations for implementing new processes and technologies.
7. Ensure compliance with all financial regulations and standards in the pharmacy department.
8. Develop and maintain relationships with external stakeholders such as insurance companies and vendors to negotiate favorable financial terms and contracts.
9. Communicate financial performance and strategies to upper management and make recommendations for improvement.
10. Participate in the development and implementation of new pharmacy services and programs, ensuring financial viability and profitability.
11. Oversee inventory management and procurement processes for pharmaceutical products, ensuring cost-effective and timely supply.
12. Identify opportunities for revenue growth and cost-saving measures within the pharmacy department and work towards their implementation.

According to JobzMall, the average salary range for a Director Pharmacy Financial Strategy and Operations is $170,000 to $225,000 per year. However, this range can vary depending on factors such as location, company size, industry, and experience level. Some directors in this role may earn more than $225,000 per year, while others may earn less than $170,000 per year. It is important to note that salary ranges and overall compensation may also include bonuses, stock

Highmark Inc. is among the largest health insurers in the United States and the fourth-largest Blue Cross and Blue Shield-affiliated company. Highmark and its diversified businesses and affiliates operate health insurance plans in Pennsylvania, Delaware and West Virginia that serve 5.2 million members. Its diversified health businesses serve group customer and individual health needs across the United States through dental insurance, vision care and other related health businesses. Highmark is an independent licensee of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies.