Job Information
Billings Clinic Business Manager Pharmacy in Billings, Montana
You’ll want to join Billings Clinic for our outstanding quality of care, exciting environment, interesting cases from a vast geography, advanced technology and educational opportunities. We are in the top 1% of hospitals internationally for receiving Magnet® Recognition consecutively since 2006.
And you’ll want to stay at Billings Clinic for the amazing teamwork, caring atmosphere, and a culture that values kindness, safety and courage. This is an incredible place to learn and grow. Billings, Montana, is a friendly, college community in the Rocky Mountains with great schools and abundant family activities. Amazing outdoor recreation is just minutes from home. Four seasons of sunshine!
You can make a difference here.
About Us
Billings Clinic is a community-owned, not-for-profit, Physician-led health system based in Billings with more than 4,700 employees, including over 550 physicians and non-physician providers. Our integrated organization consists of a multi-specialty group practice and a 304-bed hospital.Learn more (https://www.billingsclinic.com/about-us/) about Billings Clinic (our organization, history, mission, leadership and regional locations) and how we are recognized nationally for our exceptional quality.
Your Benefits
We provide a comprehensive and competitive benefits package to all full-time employees (minimum of 24 hours/week), including Medical, Dental, Vision, 403(b) Retirement Plan with employer matching, Defined Contribution Pension Plan, Paid Time Off, employee wellness program, and much more.Click here (https://www.billingsclinic.com/careers/employee-benefits/) for more information ordownload the Employee Benefits Guide (https://ncstoragemlbillings.blob.core.windows.net/public/2021%20Billings%20Clinic%20Staff%20Benefits%20Guide.pdf) .
Magnet: Commitment to Nursing Excellence
Billings Clinic is proud to be recognized for nursing excellence as a Magnet®-designated organization, joining only 97 other organizations worldwide that have achieved this honor four times. The re-designation process happens every four years. Click here (https://www.billingsclinic.com/campaign-landing-pages/magnet/) to learn more!
Pre-Employment Requirements
All new employees must complete several pre-employment requirements prior to starting. Click here (https://billingsclinic.csod.com/ats/careersite/search.aspx?site=15&c=billingsclinic) to learn more!
Business Manager Pharmacy
SPECIALTY PHARMACY (Billings Clinic Main Campus)
req7767
Shift: Day
Employment Status: Full-Time (.75 or greater)
Hours per Pay Period: 1.00 = 80 hours (Exempt)
Starting Wage DOE
The Pharmacy Business Manager works effectively with the Pharmacy Leadership Team, physician leaders, Information Services and Finance Departments to plan, organize, facilitate and monitor the activities and functions of the pharmacy business operations. The Pharmacy Business Manager will be responsible to provide the financial leadership and direction for all pharmacies, including inpatient and outpatient, to ensure continuity and consistency across and throughout departments and in the region. Ensures the delivery of cost-effective pharmaceuticals in line with the Billings Clinic mission, vision, values and goals. Accountabilities include: strategic financial planning and new program business planning directly related to the Pharmacy organization, fiscal control and responsibility to manage revenue and expense, and financial process improvement.
Essential Job Functions
• Reviews and investigates all aspects of the revenue cycle of the pharmacy to maximize charge capture and ensure appropriate reimbursement for services.
• Direct supervision and evaluation of Pharmacy business staff.
• Provides analysis of pharmaceutical purchasing for all the pharmacies and clinic departments.
• Provides operational and financial leadership for all inventory, supply, equipment acquisition and repair, and vendor relations.
• Develops and manages relationships with vendors. Regularly meets with vendors to discuss contracts, opportunities, and product related information.
• Provides financial training of Pharmacy Leadership Team and staff as necessary or requested. Able to articulate the link between finance and pharmacy operations.
• Monitors business trends and works collaboratively with Pharmacy Leadership to identify new and/or expansion of existing services within the Pharmacy line.
• Performs analyses of existing operations, new business opportunities, and service line data.
• Provides appropriate financial monitoring for all areas for early identification/detection of potential problems and alerting the leadership team of such and provides recommendations for resolution or minimizing impact.
• Provides value stream analysis support, data collection support for quality improvement initiatives, manages business and financial projects as assigned.
• Responsible for supporting pharmacy leaders in on-going analysis of annual operating and capital budgets and will be held jointly responsible for meeting financial targets and operational goals.
• Creates and maintains monthly operational and financial reports for the department. Prepares specific statistical reports to assist members of the Leadership Team with projects, goals and or assignments.
• Analysis of contracts for business terms to maximize cost savings and/or identifying areas that could be standardized to take advantage of potential cost savings.
• Works directly with the Director of Pharmacy for System Services (Specialty Pharmacy, 340B Business) to provide strategic financial planning/direction for the development of regional Pharmacy services.
• Works directly with the Director of Pharmacy for System Services (Specialty Pharmacy, 340B Business) to develop a financial framework and provide analytical support for the oversight of pharmacy services at Billings Clinic.
• Participates in evaluation, selection and integration of health care technology and information management systems that support quality of care/financial needs and the efficient use of resources. Provides the financial proforma analysis to operational leadership.
• Assist in implementing and/or improving use of software package and other changes in business practice based on changing regulations and policies.
• Act as a liaison to pharmacy departments in the Metro and regional facilities and with the pharmacy purchasing/contracting department.
• Work with hospital and outside vendor Information Services to identify and rectify lost charges/dispenses.
• Propose and implement new operational processes to reduce lost charge capture.
• Evaluates contract pharmacy arrangements for satisfactory performance and suggests changes.
• Reports to key stakeholders at each facility.
• Presentations and meetings on site with affiliate covered entities leadership teams and boards of directors.
• Evaluates opportunities to grow contract pharmacy network to benefit affiliate programs.
• Meets monthly with covered entities for industry updates and to answer any questions facilities have.
• Performs other duties as assigned or needed to meet the needs of the department/organization.
Minimum Qualifications
Education
• Minimum 4 Year / Bachelors Degree Business Management, Healthcare Administration or related field.
• Preferred Graduate Degree Business Management or Healthcare Administration.
Experience
• Successful experience working in business operations and financial process improvement.
• Successful experience supervising, managing and leading professional staff members.
• Budget and financial management experience, preferred.
• System implementation experience, preferred.
• Healthcare experience, preferred.
Certifications and Licenses
• MT Driver License or ability to obtain one at hire. Ability to be insured for the operation of business vehicles.
Or an equivalent combination of education and experience relating to the above tasks, knowledge, skills and abilities will be considered. Employees that require a licensed or certification must be properly licensed/certified and the licensure/certification must be in good standing.
Billings Clinic is Montana’s largest health system serving Montana, Wyoming and the western Dakotas. A not-for-profit organization led by a physician CEO, the health system is governed by a board of community members, nurses and physicians. Billings Clinic includes an integrated multi-specialty group practice, tertiary care hospital and trauma center, based in Billings, Montana. Learn more atwww.billingsclinic.com/aboutus (https://www.billingsclinic.com/about-us/)
Billings Clinic is committed to being an inclusive and welcoming employer, that strives to be kind, safe, and courageous in all we do. As an equal opportunity employer, our policies and processes are designed to achieve fair and equitable treatment of all employees and job applicants. All employees and job applicants will be provided the same treatment in all aspects of the employment relationship, regardless of race, color, religion, sex, gender identity, sexual orientation, pregnancy, marital status, national origin, age, genetic information, military status, and/or disability. To ensure we provide an accessible candidate experience for prospective employees, please let us know if you need any accommodations during the recruitment process.