VP Business Development Pharmacy Benefit - Two Chicks With A Side Hustle

DescriptionThis position is incentive eligible.

Introduction

Do you want to join an organization that invests in you as a VP Business Development Pharmacy Benefit Management? At HealthTrust, you come first. HCA Healthcare has committed up to $300 million in programs to support our incredible team members over the course of three years.

Benefits

Work from Home, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:

Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.
Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
Free counseling services and resources for emotional, physical and financial wellbeing

401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)
Employee Stock Purchase Plan with 10% off HCA Healthcare stock
Family support through fertility and family building benefits with Progyny and adoption assistance.

Referral services for child, elder and pet care, home and auto repair, event planning and more
Consumer discounts through Abenity and Consumer Discounts
Retirement readiness, rollover assistance services and preferred banking partnerships

Education assistance (tuition, student loan, certification support, dependent scholarships)
Colleague recognition program
Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)

Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.

Learn more about Employee Benefits

Note: Eligibility for benefits may vary by location.

You contribute to our success. Every role has an impact on our patients’ lives and you have the opportunity to make a difference. We are looking for a dedicated VP Pharmacy Benefit Business Development like you to be a part of our team.

Job Summary and Qualifications

The Vice President Business Development, Pharmacy Benefit Management is responsible for the continued growth of the HealthTrust Pharmacy Benefit Management (PBM) Program including leading a team of individuals in executing the growth strategy, building and enhancing consulting relationships, developing a comprehensive sales strategy, designing an effective go-to-market plan, and providing overall strategic leadership to support the expansion of the HealthTrust PBM Program.

What you will do in this role includes:

Lead the sales and marketing strategies, organization and execution to drive business growth, attracting and retaining clients and enhancing brand reputation.
Develop and execute effective sales strategies to meet and exceed financial targets.
Assess market potential and develop annual sales and marketing strategic business plans to drive growth, increase market share, and identify new business opportunities.

Build, develop, train, and manage a sales team to support the execution of the new business development strategy.
Create and expand consulting relationships, channel partner relationships and other industry related relationships.
Develop best practices and process for lead generation, campaign results tracking, sales process, CRM applications, reporting, and forecasting.

Serve as PBM and HealthTrust Program expert to external constituents.
Be consistently visible in the marketplace to expand the HealthTrust PBM Program market presence.
Monitor competitive landscape and market conditions to identify opportunities, issues, and risks and recommend strategies to address them.

Use market insights to inform business strategies and identify opportunities for growth.
Collaborate on development of materials to support business development activities including educational material, promotional material, webinars, etc.
Provide leadership in the development of the overall HealthTrust PBM Program strategy including the growth of differentiated programs and services.

Work closely with other areas within HealthTrust to ensure alignment of sales and marketing strategies with overall business strategies.

What qualifications you will need: 

Bachelor’s degree required

Master’s is a plus
Minimum of 15 – 20 years of experience in business development for pharmacy benefits with a pharmacy benefits manager, third-party administrator, consulting services business, or similar organization.
10 -12 years of experience leading a team in account management, business development, or similar disciplines.

Strong knowledge of PBM contracting, operations, clinical and other programs, ph MBA, PharmD, RPh is a plus
Life/Health Insurance Licensure is a plus
Pharmacy benefit designs, pricing, etc

In today’s challenging business environment of cost pressures, supply disruptions, and workforce shortages, it is crucial for providers to efficiently manage expenses and enhance performance. HealthTrust, in collaboration with 1,800 hospitals and health systems, offers a specialized group purchasing organization (GPO) membership model designed to deliver immediate and sustainable cost savings. Their team of experts provides tailored value acceleration engagements to address specific needs, delivering unparalleled benefits. With nationwide purchasing power and a focus on overall spending management, HealthTrust offers unmatched pricing advantages on supplies, along with industry-leading benchmarks and best practices. The dedicated team is committed to guiding and implementing performance enhancements in cost, quality, and outcomes.

HCA Healthcare has been recognized as one of the World’s Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years, HCA Healthcare spent an estimated $3.7 billion in costs for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.

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