Develop, implement, and improve analytical models, protocols and processes to support contract compliance and optimization for Kroger Prescription Plans (KPP) and its clients. Identify opportunities and create strategies to enhance rebate performance, improve clinical outcomes and decrease costs. Responsible for utilizing understanding of health plans and PBMs to provide insights to the clinical and account management teams that drive business growth and reduce problematic trends for KPP clients. Demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion and safety.Minimum
Other Bachelor of Science Degree in Pharmacy and/or Doctor of Pharmacy Degree (Pharm.D.) from an accredited U.S. School of Pharmacy
2+ years of managed care experience
Pharmacist License
Advanced financial modeling and analysis capabilities
In-depth knowledge of PBM or healthcare informatics
Strong understanding of industry/technical terms, trends, and processes
Advanced proficiency in Microsoft Office
Ability to collaborate and work cooperatively in a team-based environment
Strong project management skills with the ability to effectively meet deadlines
Self-directed, ability to execute projects with minimal supervision
Excellent administrative, communication, and organizational skill with high attention to detail
Ability to quickly grasp complex issues and develop viable solutions
Desired
Any experience in pharmacy benefit management (PBM) and retail pharmacy management
Any PBM pricing and analytics experience
Partner with the Director of Clinical Services & Operations and SVP, Kroger Prescription Plans in the negotiation strategies with market access functions of branded pharmaceutical manufacturers
Provide data and data supported recommendations that contribute to the development of formulary management strategies including recommendations for utilization management and/or strategic placement of existing/new drugs on the formulary to maximize benefits based on market trends
Perform analysis to assess value of formulary recommendations to ensure rebates are market competitive to achieve new client growth and margin retention
Manage/oversee all analytical reporting using comprehensive, standard methodologies to produce the desired output
Create a library of standard reports; maintain organized files/drafts in operationally designated locations
Provide budget impact models for high interest/impact medications to clients
Provide detailed analyses identifying KPP risks/opportunities, make recommendations for improvement
Provide ad-hoc, consultative analyses to internal/external clients
Deliver account management support evaluating client performance and compare forecasts with actuals
Utilize industry, competitive, client, and rebate knowledge to creatively problem solve and formulate rebate strategies that will offer market leading rates
Participate and support audit processes as a clinical/rebate subject matter expert; provides necessary information, documentation and analysis required by audits; support departmental and corporate development of audit support infrastructure
Must be able to perform the essential job functions of this position with or without reasonable accommodation
Partner with the Director of Clinical Services & Operations and SVP, Kroger Prescription Plans in the negotiation strategies with market access functions of branded pharmaceutical manufacturers
Provide data and data supported recommendations that contribute to the development of formulary management strategies including recommendations for utilization management and/or strategic placement of existing/new drugs on the formulary to maximize benefits based on market trends
Perform analysis to assess value of formulary recommendations to ensure rebates are market competitive to achieve new client growth and margin retention
Manage/oversee all analytical reporting using comprehensive, standard methodologies to produce the desired output
Create a library of standard reports; maintain organized files/drafts in operationally designated locations
Provide budget impact models for high interest/impact medications to clients
Provide detailed analyses identifying KPP risks/opportunities, make recommendations for improvement
Provide ad-hoc, consultative analyses to internal/external clients
Deliver account management support evaluating client performance and compare forecasts with actuals
Utilize industry, competitive, client, and rebate knowledge to creatively problem solve and formulate rebate strategies that will offer market leading rates
Participate and support audit processes as a clinical/rebate subject matter expert; provides necessary information, documentation and analysis required by audits; support departmental and corporate development of audit support infrastructure
Must be able to perform the essential job functions of this position with or without reasonable accommodation
Numbers & Facts
Location
Cincinnati, OH
Skills
Actualsunmatched
Analysis Skillsunmatched
Biotech and Pharmaceuticalunmatched
Budgetingunmatched
Business Growthunmatched
Clinical Medicineunmatched
Clinical Outcomesunmatched
Communication Skillsunmatched
Compensation and Benefitsunmatched
Contract Processingunmatched
Corporate Planningunmatched
Customer Support/Serviceunmatched
Detail Orientedunmatched
Diversityunmatched
Documentationunmatched
Drug Manufacturingunmatched
File Maintenanceunmatched
Financial Analysisunmatched
Financial Modelingunmatched
Forecastingunmatched
Formularyunmatched
Health Informaticsunmatched
Health Planunmatched
Managed Careunmatched
Management Strategyunmatched
Market Trend Analysisunmatched
Medicationsunmatched
Microsoft Officeunmatched
Negotiation Skillsunmatched
Organizational Skillsunmatched
Performance Managementunmatched
Pharmacyunmatched
Pricingunmatched
Problem Solving Skillsunmatched
Project/Program Managementunmatched
Retail Managementunmatched
Risk Analysisunmatched
Sales Managementunmatched
Strategic Planningunmatched
Team Playerunmatched
Time Managementunmatched
Utilization Managementunmatched
Value Analysisunmatched
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