Senior Director, Pharmacy Business Strategy

What You'll Bring

Support the growth of existing and new diversified businesses, the Senior Director, Pharmacy Business Strategy will work collaboratively with multiple internal and external stakeholders to advance key enterprise pharmacy business initiatives related to the growth of the Enterprise Pharmacy Business portfolio.Working collaboratively with Pharmacy and DBG company leaders will be critical, as this person will be responsible for pharmacy business strategy development, assessment, financial management, technology, data analytics and growth of the nine 340B programs across MGB.

Pharmacy Enterprise Strategy & Business Transformation:

• Develop and implement comprehensiveshort-term and long range strategiesfor enterprise pharmacy services that align with MGB's strategic vision and organizational goals.
• Collaborate with executive leadership to integrate pharmacy services into broader health system initiatives.
• Lead strategic assessments of existing services, identifying opportunities for innovation, optimization, and pharmacy business expansion.
• Partner with executives across MGB to integrate pharmacy into systemwide initiatives and diversified business priorities.
• Translate enterprise-level strategic priorities into clear, measurable initiatives with defined KPIs and patient outcomes
• Lead development and implementation of annual plan and required goals for each fiscal year

Financial Management:

• Oversee the development and management of Enterprise Pharmacy Business budgets across Mass General Brigham, ensuring fiscal responsibility and alignment with financial targets, staying on target for budgetary goals.
• Monitor financial performance, identify drivers of variance, forecast future impacts and implement corrective actions as needed.
• Lead initiatives to enhance revenue streams, optimize cost structures, and capture systemwide savings.
• Direct contract strategy, negotiation, and fee structures for enterprise pharmacy services.

Technology and Innovation:

• Embrace new technologies which provide cutting-edge performance.
• Implement innovative practices in enterprise pharmacy business.
• Regularly assess operations for areas where technology can be used to enhance efficiencies.

Market Development:

• Identify, evaluate, and lead business development opportunities, partnerships, and models that expand pharmacy's role within the Diversified Businesses Group.
• Demonstrate enterprise and national excellence by expanding MGB enterprise pharmacy service.
• Develop a comprehensive understanding of the regional and national pharmacy market to anticipate trends and position MGB competitively.
• Support enterprise advocacy efforts to advance MGB's pharmacy leadership locally and nationally.

Data Analysis and Reporting:

• Define metrics and develop dashboards to monitor and analyze pharmacy performance.
• Provide reports and metrics to leadership through quarterly business review forum.
• Assume responsibility for data used to support decisions and guide enterprise direction.

Team Leadership and Development:

• Recruit, lead and mentor a team of pharmacy professionals, fostering a culture of excellence and continuous improvement.
• Conduct periodic reviews of workflows associated with daily operational tasks and enhance or recommend changes to increase efficiency and enhance productivity.
• Ability to actively manage and deliver on leadership expectations around project activities, timeline, deliverables, and outcomes.
• Conduct performance evaluations and provide opportunities for professional growth.
• Promote collaboration across departments to enhance service delivery.

Diversity & Inclusion:

• Mass General Brigham healthcare values to govern decisions, actions, and behaviors* These values govern how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.

Qualifications & Skills

• Bachelor's degree in Pharmacy or a PharmD degree (preferred)
• Master's Degree in health system pharmacy administration, business administration, or other relevant fields (Required)
• 15+ years of progressive experience in healthcare strategy, management consulting, or enterprise pharmacy/health system leadership (preferred)
• Ability to work strategically and collaboratively across departments and with stakeholders at various levels.del design).Proven recommendations for executives.
• Proven ability to assess, recruit, and develop top talent;
• Exceptional interpersonal skills to effectively communicate with cross functional teams including staff at all levels of the organization Politically savvy with proven experience in navigating difficult situations with multiple stakeholders;
• Highly motivated to successfully manage many projects and responsibilities simultaneously.
• Exceptional problem-solving, negotiation, and change management skills.
• Ability to effectively conduct meetings, both formal and informal
• Self-directed, thorough, and committed to a collaborative team approach.Proven experience in a leadership role within healthcare administration.
• Strategic thinking, progressive with a results-oriented mindset.
• Ability to adapt to a fast-paced and dynamic healthcare environment.

Structure & Supervisory Duties

• Direct Report to Executive Director, Pharmacy Strategy and Business Development
• Direct Reports include 6-8 staff, including a Finance Manager and Analytics Manager
• Indirect Reports: 18 FTEs

Fiscal Responsibility:

• $980M in margin across MG6-8B entities

Working Model Requirements

• Local travel to Mass General Brigham sites as needed
• This position is hybrid. Required to travel into the office to accommodate business needs - generally bi weekly / quarterly for business review meetings as planned, stakeholder meetings. Though good judgment on flexibility for more days, as business needs require. Boston / Assembly Row or Local to MA sites.
• M-F Eastern Business hours required, and remote workdays require a stable, secure, quiet, compliant work area
• While performing the duties of this job, the employee is frequently required to sit; talk; or hear; use hands to finger; handle; or feel; reach with hands and arms.
• The employee is occasionally required to stand; walk; and stoop; kneel; or crouch. The employee must frequently lift and/or move up to 5 pounds and occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision, distance vision and depth perception.
• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Normal office working conditions. The noise level in the work environment is quiet to moderate.

MGB is a nonprofit organization that is committed to patient care, research, teaching, and service to the community, MGB is one of the nation's leading biomedical research organizations and a principal teaching affiliate of Harvard Medical School.