[Hiring] Pharmacoeconomic Pharmacy Clinical Specialist @Medical University of South Carolina

Role Description

The primary responsibility of the Pharmacoeconomic Pharmacy Clinical Specialist is to direct and organize programs that identify, measure, and evaluate the cost and consequences of drug therapy to the health care system. The use of pharmacoeconomic analyses will be the primary tool to develop strategies including:

• Cost-minimization
• Cost-benefit
• Cost-effectiveness
• Cost-utility analyses
• Drug-related adverse outcome avoidance

The goal of these analyses will compare various treatment options in terms of cost and patient outcomes. The Pharmacoeconomic Pharmacy Clinical Specialist will work collaboratively and integratively with the Pharmacy Integrated Center of Clinical Excellence (ICCE) and Population Health to optimize the use of medications in high-cost and high-volume care settings, including:

• Inpatient
• Outpatient
• Infusion
• Retail settings

The ideal candidate will have experience evaluating medications in terms of their safety, efficacy, and cost-effectiveness for inclusion on a formulary in both the hospital and outpatient settings, should understand 340b rules and regulations, and should be aware of changes to pharmacy pricing policies. S/he should be self-driven to identify medications for evaluation based on cost and utilization metrics, engaging key stakeholders in the evaluation of the various therapies, and proactive about creating operational workflows to support the use of the most preferred therapies.

Responsibilities

• Design, identify, and use economic models and value propositions for the use of medications for inpatients, outpatients, and infusion patients.
• Generate cost-effectiveness, budget impact models, and other tools critical for advancing opportunities, achieving optimal contract positioning, pricing reimbursement, and insurance coverage.
• Provide economic analysis with health care providers, insurers, patients, and regulators.
• Interpret pharmacoeconomic data for formulary, therapeutic decision making, and therapeutic policy development.
• Measure the effectiveness of different pharmaceutical agents, including assessment of treated individuals' quality of life.
• Participate in the Pharmacy & Therapeutics Committee to provide economic analysis of all agents reviewed for inpatient and infusion settings.
• Analyze claims, billing data, product literature, and multiple internal and external data sources to identify or strengthen cost-effectiveness.
• Obtain appropriate source data inputs to design health economics analyses and models.
• Utilize data from a range of sources to generate economic value messages.
• Prepare presentations to support various internal and external stakeholders.
• Support the development of the health economic strategy of the organization.
• Design and develop health economic models, user interfaces, and support materials for use in submissions to clinical customers.
• Implement the technical components of health economic studies including proposal development, analysis, and interpretation.
• Perform programming, statistical analyses, and/or modeling and prepare required graphs, tables, and figures using appropriate software tools.
• Provide statistical and technical support to clients and other team members.
• Provide regular reporting to Pharmacy and Population Health leadership and care team members.
• Accountable for the identification, measurement, and collection of data.
• Advise the Director of Pharmacy Support Services on designing new processes.
• Utilize process improvement tools and LEAN principles in designing and implementing new processes or process changes.

Qualifications

• Education: Bachelors Degree or equivalent
• Work Experience: 6-8 years

Company Description

The Medical University of South Carolina is an Equal Opportunity Employer. MUSC does not discriminate on the basis of race, color, religion or belief, age, sex, national origin, gender identity, sexual orientation, disability, protected veteran status, family or parental status, or any other status protected by state laws and/or federal regulations. All qualified applicants are encouraged to apply and will receive consideration for employment based upon applicable qualifications, merit, and business need.

Medical University of South Carolina participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees.