Chief Pharmacy Officer LHMC

Location: Burlington, MA
Job ID: 176441-1A
Date Posted: May 27, 2022
Category: Clinical Professional

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Job Description

Welcome To

Welcome to Lahey Hospital & Medical Center, part of Beth Israel Lahey Health. Lahey Hospital & Medical Center is a world-renowned tertiary medical center known for its innovative technology, pioneering medical treatment and leading-edge research. A teaching hospital of Tufts University School of Medicine, the hospital provides quality health care in virtually every specialty and subspecialty, from primary care to cancer diagnosis and treatment to kidney and liver transplantation. It is a national leader in a number of health care areas, including stroke, weight management and lung screenings, among many others. Lahey also helps to advance medicine through research and the education of tomorrow's health care leaders.

About the Job

The Chief Pharmacy Officer must be an experienced healthcare leader with an in-depth understanding of clinical operations across the organization as well as in her/his assigned divisions.  A licensed Pharmacist in the Commonwealth of Massachusetts, the Chief Pharmacy Officer will work alongside the LHMC executive leadership team to improve clinical quality and promote the growth of their division.

 

This position has a solid reporting line into the LHMC Chief Operating Officer and a dotted reporting line into the BILH Senior Vice President & Chief Pharmacy Officer. The Chief Pharmacy Officer is responsible for the overall operational, clinical and financial performance of the Pharmacy and all of its sub divisions (all sites included if applicable).  The Chief Pharmacy Officer works in collaboration with Vice Presidents, physician leadership, business managers, and finance and nursing leadership to establish yearly performance goals for the Pharmacy which are aligned with the vision and mission of Lahey Hospital and Medical Center. The Chief Pharmacy Officer has responsibility for, but not limited to, divisional and departmental planning (creating a strategic growth plan), business development, management/supervision of all management staff, and development of a capital and operating budget, including: oversight of the Pharmacy and Therapeutics Committee, budget calculations, report analysis and expense monitoring.  The Chief Pharmacy Officer demonstrates an understanding of financial systems in order to develop a financial reporting structure that effectively monitors strategic goals, including optimizing affordability of services. The Chief Pharmacy Officer will ensure that the Pharmacy meets operating guidelines as established by annual goals, including, but not limited to: patient access, revenue cycle, patient satisfaction, and quality goals. The Chief Pharmacy Officer may assume project/program responsibilities outside her/his divisions that help establish Lahey Hospital and Medical Center as an organization of excellence.

 

The Chief Pharmacy Officer must establish effective strategies for program and product development, physician integration and resource utilization with the goal of increasing division growth, efficiency, and patient experience.  This position requires the ability to confidently establish relationships with Physicians and Physician leaders. The Chief Pharmacy Officer may be asked to manage a departmental sub-function within a broader departmental function.  In such cases she/he will create functional strategies and specific objectives for the sub-function and develop budgets/policies/procedures to support the functional infrastructure, while acquiring a thorough knowledge of the managed sub-function and of the overall departmental function.  The Chief Pharmacy Officer collaborates with BILH pharmacy colleagues to integrate, standardize, systemize and implement pharmacy best practices and gain economies of scale.

 

Essential Duties & Responsibilities (including but not limited to): 

Strategy and Business Development

  • In conjunction with the clinical and senior administrative leadership, sets the strategic vision of the divisions and executes that mission.
  • Oversees all new multi-disciplinary program development across the divisions
  • Leads the strategic development and deployment of the divisions across LHMC and Beth Israel Lahey Health affiliates
  • Develops relationships and leads team building with physician leadership, senior administration and other colleagues to help achieve defined division, departmental and organizational strategic goals at LHMC and Beth Israel Lahey Health affiliates.
  • In conjunction with clinical leadership, identifies new treatment modalities and opportunities, including the development of practical business plans to support the modalities.
  • Participates in marketing and promotional initiatives within her/his assigned divisions, developing marketing campaigns, implementing programs and reporting on measured results.
  • Directs daily operations of assigned divisions by translating business vision and strategy into operational goals, objectives, workflows and implementation plans.
     

Financial

  • In coordination with the division Finance Director, prepares departmental operational and capital budgets, developing a financial reporting structure to appropriately monitor strategic goals (including optimizing affordability of services), financial projections and long-term forecasted development.
  • Establishes revenue and expense targets with physician leadership and Vice Presidents.
  • Implements processes to achieve and monitor financial performance improvement through the leadership of revenue cycle teams.
  • Provides supervision, guidance and monitoring of staff efforts to achieve budgeted revenue and expense targets.
  • Investigates and manages financial problem areas; proposes solutions and implements action where applicable.
  • Prepares necessary financial, statistical and operational data for new programs or businesses, including the expected return of investment to the organization. 
  • Maintains a thorough understanding of clinical reimbursement and managed care issues specific to the assigned divisions.  Identifies opportunities to optimize clinical reimbursement and implements new policies and procedures as necessary.
     

Operations/Work Flow/Compliance

  • In conjunction with the Department Managers (Nurse Manager, Clinic Manager, Operations Manager, Program Manager), provides direction and guidance for all aspects of the daily administration and management of departments within the assigned divisions.
  • In conjunction with the Department Managers, provides support to staff, enabling them to provide safe, cost-effective health care that exceeds the expectations of Lahey Hospital and Medical patients.
  • In conjunction with the Department Managers, facilitates compliance with all regulatory agencies — DPH, OSHA, JCAHO, HIPPA, etc. — in all clinical, business and financial practices within the assigned divisions.
  • Provides administrative guidance to managers and others, examining systems, employing analytical judgment, managing projects, organizing resources, and consulting on and solving problems.  Independently investigates and implements recommendations.
  • Maintains open communications with physicians, staff and management.
  • Oversees office workflow, monitors office staff productivity, and makes appropriate recommendations for improvement to department leadership.
     

Human Resources

  • In conjunction with the Department Managers, hires, transfers, disciplines, terminates or initiates other personnel actions affecting staff employment.
  • In conjunction with the Department Managers, ensures high quality patient care through effective management of service-line staffing objectives.
  • Develops recruitment and retention strategies with Human Resources in order to hire, retain and develop qualified colleagues.
  • Promotes an atmosphere of collegiality and supports staff career growth in order to build Lahey Hospital and Medical Center into an organization of excellence.
  • Functions as a role model for all Lahey Hospital and Medical Center colleagues by displaying a positive attitude and constantly adhering to organizational policies and procedures, and a professional code of ethics.
  • Provides a safe environment for patients and colleagues, encouraging colleagues to contribute to problem solving and promoting best practices.
  • Communicates effectively with colleagues regarding Lahey Hospital and Medical Center news/visions/goals, as well as departmental activities to ensure staff inclusion and participation as valued members of Lahey Hospital and Medical Center.
  • In conjunction with Department Managers, ensures that all annual performance appraisals are completed within the established time frame in each of the assigned areas.
  • Works in conjunction with the Department Manager to train and mentor staff for current assignments and development into successive career positions.
  • Ensures high quality patient care through the hiring, training and supervision of staff.
  • Ensures that all colleagues in assigned areas adhere to Lahey’s compliance and mandatory education requirements.
  • In consultation with Human Resources, meets equal employment/affirmative action program goals and objectives.
  • Complies with federal, state and local laws and regulations as well as Lahey Hospital and Medical Center’s policies and programs.
  • Leads efforts to improve colleague engagement within assigned divisions.
     

Health Care Knowledge, Professional Growth and Development

  • Maintains an in-depth knowledge of the changing health care environment and evaluates the market need for specific clinical services or programs.
  • Develops programs and services in response to the market under the guidance of physician leadership and Vice Presidents.
  • Demonstrates motivation and initiative in seeking continued professional growth and development.
  • Identifies knowledge gaps and takes appropriate courses or seminars to improve knowledge.
  • Identifies internal resources as sources of expertise to achieve learning goals.
     

Patient Care/Customer Service

  • Is constantly attuned to patient/customer needs; anticipates future needs and implements appropriate action to ensure access to high quality medical services and customer service.
  • Utilizes patient satisfaction data, customer surveys, phone interviews, and patient compliments or complaints to identify, implement and evaluate best practices.
  • Motivates colleagues to achieve a high standard of service quality.
  • Establishes a culture where all colleagues feel valued and able to contribute to customer service improvement.
     

Quality Improvement

  • Collaborates with clinical leaders and physician leadership to identify clinical, administrative and safety issues as areas for quality improvement.
  • Participates in quality improvement initiatives as defined by the service-line or organization.
  • Develops consistent interpretation and application of department policies and procedures throughout all Lahey Hospital and Medical Center sites.
  • Ensures a provision for quality care in line with Lahey Hospital and Medical Center’s mission and philosophy.
  • Manages and improves division activity along key performance metrics for related clinical subspecialties, including volume growth, patient satisfaction, patient access, quality measures, service line profitability, and staff and physician engagement scores.
     

Organizational Requirements

  • Maintains strict adherence to the Lahey Hospital and Medical Center Confidentiality Policy.
  • Incorporates Lahey’s Guiding Principles, Mission Statement and Goals into daily activities. 
  • Complies with all Lahey Policies. Complies with behavioral expectations of the department and Lahey Hospital and Medical Center.
  • Maintains courteous and effective interactions with colleagues and patients.
  • Demonstrates an understanding of the job description, performance expectations, and competency assessment.
  • Demonstrates a commitment toward meeting and exceeding the needs of our customers and consistently adheres to Customer Service standards.
  • Participates in departmental and/or interdepartmental quality improvement activities.
  • Participates in and successfully completes Mandatory Education.
  • Performs all other duties as needed or directed to meet the needs of the department.
     

Performs other related duties as assigned or directed to ensure the smooth operation of the service line.

 

Minimum Qualifications: 

Education

  • Pharm D required.
  • Mass Pharmacist License required.
  • MBA or MHA preferred.
     

Licensure, Certification, Registration:  Mass Pharmacist License
 
Skills, Knowledge & Abilities:      
 

  • Excellent interpersonal and communication skills.
  • Ability to effectively plan and facilitate organized and productive meetings/workgroups.
  • Ability to work independently and resolve complex issues with minimal supervision.
  • Ability to manage concurrent projects with competing priorities and aggressive deadlines.
  • Ability to influence others at all organizational levels in project-related situations.
  • Strong analytic skills in order to manipulate, interpret and utilize data for process improvement.
  • Strong PC skills including proficiency in use of Excel, Access, PowerPoint and Project.
  • In-depth understanding of context of assignments and tasks, and the ability to be flexible and adaptable to changing roles and priorities.

Experience:  A minimum of 10 years of relevant leaderhip experience in the health care delivery industry, including operations, strategic planning, financial analysis and project management experience.  Financial management and budgeting experience also required, as is experience in developing and implementing performance improvement initiatives.

Shift

40 Hours / Day

About Us

Beth Israel Lahey Health is dedicated to improving health and wellness and making a difference in the lives of our patients, their families and all members of the communities we serve.  Formed in March 2019, Beth Israel Lahey Health is a patient-centered, integrated care delivery system providing a continuum of services spanning academic, tertiary and community hospitals, dedicated orthopedic and psychiatric hospitals, primary and specialty care, community acute care, ambulatory care, behavioral services and home health.  Beth Israel Lahey Health Performance Network is a unified joint contracting and population health management organization, jointly governed by participating physicians and hospitals.

Equal Opportunity Employer/Minorities/Females/Disabled/Veterans.