DescriptionThis position is incentive eligible.IntroductionDo you want to join an organization that invests in you as a Director HR Strategic Sourcing? 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.BenefitsHealthTrust, 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 (https://careers.hcahealthcare.com/pages/employee-benefits-and-rewards)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 Director HR Strategic Sourcing like you to be a part of our team.Job Summary and QualificationsThe Director, HR Strategic Sourcing is responsible for managing all aspects of the contract for the HealthTrust PBM Program which has $5.8B in annual spend. The position is responsible for managing the master services agreement with the PBM supplier partner and ensuring that all contractual obligations are met for both HealthTrust and each individual client, global communications, reporting and analytics for contract financial performance, and other program management, as needed. In addition, the position is responsible managing the Human Resources Advisory Board including meeting coordination, maintaining official Board records, and on-going Board member communication.The ability to travel up to 15%, including overnight travel, is required for the role.What you will do in this role includes:
Manage the master services agreement with the PBM supplier partner.
Negotiate terms and conditions of the master services agreement.
Drafting and reviewing pharmacy benefit management contractual language.
Ensure all contractual obligations are met for both HealthTrust and each client.
Ensures the PBM supplier partner delivers on all services in accordance with the contract and provides superior account management service.
Analyzes and interprets various data sources and reports to ensure compliance with financial and contractual obligations of the PBM supplier partner.
Support the financial operations of the PBM Program.
Manage the Human Resources Advisory Board including meeting, coordination, maintaining official Board records and on-going Board member communication.
Develop and grow relationships with Board members.
Manage client information including internal rostering, key client data, etc.
Assist in the development of the PBM Program strategy.
Provide other PBM Program management support, as needed.
Establish strong relationships with internal and external team members.
Keep the organization’s vision and values at the forefront of decision-making and action.
What qualifications you will need:
Bachelor’s degree in business or management-related field required.
PharmD or other advance degree a plus.
Minimum 7+ years of experience with a pharmacy benefit manager and/or a large employee benefit consulting firm with a focus on pharmacy benefit and/or a senior benefit professional at a large company
Minimum 5+ years of experience with employee benefit contracts
Project management experience
Proficiency Experience with Excel, Word, and PowerPoint.
Consulting experience a plus
Registered pharmacist a plus
Advanced knowledge of employee pharmacy benefits, PBM industry, and PBM supplier operations.
Advanced knowledge of contract negotiation strategy and legal terms and conditions.
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."Good people beget good people."- Dr. Thomas Frist, Sr.HCA Healthcare Co-FounderWe are a family 270,000 dedicated professionals! Our Talent Acquisition team is reviewing applications for our Director HR Strategic Sourcing opening. Qualified candidates will be contacted for interviews. Submit your resume today to join our community of caring!We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
