Manager - Pharmacy Sourcing

Responsibilities Headquartered in King of Prussia, PA, Universal Health Services, Inc. (NYSE: UHS) is one of the nation’s largest and most respected providers of hospital and healthcare services. Since our founding in 1979, UHS has grown steadily into a premier Fortune 500® corporation perennially recognized by multiple esteemed national rating entities. Through its subsidiaries, UHS operates inpatient acute care facilities, inpatient behavioral health facilities, outpatient and other facilities, nationwide virtual behavioral health services, an insurance offering, a physician network and various related services with physical locations in the U.S., Puerto Rico, Ireland and United Kingdom. www.uhs.com. The Corporate Supply Chain Department is seeking a dynamic and talented Manager – Pharmacy Sourcing. The Manager – Pharmacy Sourcing leads the development and execution of enterprise pharmacy sourcing, contracting, and supply chain strategies across UHS. Manages pharmaceutical category initiatives, supplier negotiations, contract performance, purchasing analytics, and compliance with GPO, wholesaler, and manufacturer agreements. Partners with corporate pharmacy teams and facility leadership to improve patient care, mitigate supply and financial risk, and reduce total pharmacy costs. Evaluates new products and technologies, develops business cases, and presents recommendations to senior leadership. Key responsibilities include: Sourcing and Category Management: Identifies sourcing opportunities and executes related initiatives that generate measurable annualized cost reductions across total pharmacy spend. Develops and maintains an initiative pipeline that tracks validated baselines, projected savings, implementation timing, realized value, and performance against approved business cases. Interacts with national Group Purchasing Organization (GPO), manufacturers, and wholesalers/distributors to resolve contract-related issues. Collaborates with these partners to evaluate contract price loading, leads root-cause analysis, and implements corrective actions as needed. Leads negotiations for new contracts and enhancements to existing agreements with pharmaceutical manufacturers, GPO, wholesalers, distributors, and other pharmacy suppliers. Uses market intelligence, purchasing data, and relevant benchmarks to establish negotiation targets and evaluate proposals. Develops and reports Key Performance Indicators (KPIs) for UHS corporate pharmacy contracts, supplier performance, implementation, 40% compliance, service levels, and financial results. Reviews facility-level pharmacy agreements and proposes contractual revisions. Directs impact analyses for major pricing changes. Identifies the need for pharmacy-related RFPs and oversees the RFP process, including requirements development, proposal analysis, stakeholder review, award recommendations, implementation planning, and performance monitoring. Supply Chain Management: Monitors compliance with contract commitments and develops corrective-action plans when performance does not meet contractual requirements. Monitors contracted pharmacy rebate payments to assess overall contract value. Develops tools to track and monitor drug purchasing across all lines of business and develops applicable Key Performance Indicators (KPIs). Oversees the weekly review and payment process for UHS pharmacy distribution invoices, including resolution of pricing, payment, and reconciliation issues. Performs category management functions, including leading quarterly business reviews with key suppliers and distributors, developing agendas, documenting commitments, managing follow-up reporting, and escalating unresolved performance issues. Formulary Management: Partners with clinical and pharmacy leadership to identify formulary and therapeutic-equivalency opportunities. Provides financial, contractual, utilization, and supplier-market analyses to support clinical review and implementation. Develops processes to measure and report adoption, contract compliance, financial performance, and operational outcomes. Strategic Planning: Collaborates with the team to identify project needs and develop the annual Pharmacy Sourcing and Contracting project plan. Measures project progress, implementation status, financial performance, and risks, and reports results through established Supply Chain channels. Qualifications Required: Bachelor’s degree in Pharmacy required. Active pharmacist license with pharmacy experience in hospital, behavioral, or physician practice. Understanding of drug formularies and protocol development, as well as GPO, wholesaler, and manufacturer relationships. Must possess strong communication and organizational skills, along with proficiency in Microsoft Excel. Ability to assess drug purchasing data and develop appropriate controls, and ability to support UHS corporate teams and facility personnel with charge and reimbursement issues. Knowledge of pharmacy-related technology, including automated dispensing cabinets, and regulatory requirements, including DSCSA and USP 797/800. Ability to prepare concise, comprehensive summaries and business cases for UHS director-level leadership and above. Travel, as required, to support UHS initiatives at local facilities. Preferred: Experience in pharmacy sourcing, pharmaceutical contracting, category management, or healthcare supply chain. Demonstrated contract negotiation skills and demonstrated ability to analyze pharmacy purchasing, contract, rebate, utilization, and supplier-performance data. Knowledge of applicable compliance and credentialing requirements is also preferred. This opportunity provides the following: Challenging and rewarding work environment Growth and development opportunities within UHS and its subsidiaries Competitive Compensation Excellent Medical, Dental, Vision and Prescription Drug Plan 401k plan with company match Generous Paid Time Off *UHS is a registered trademark of UHS of Delaware, Inc., the management company for Universal Health Services, Inc. and a wholly-owned subsidiary of Universal Health Services, Inc. Universal Health Services, Inc. is a holding company and operates through its subsidiaries including its management company, UHS of Delaware, Inc. All healthcare and management operations are conducted by subsidiaries of Universal Health Services, Inc. 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