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SmithRxSmithRxUnited States

Vice President, Phamarcy Networks

Lead strategy, contracting, and management of SmithRx's transparent pharmacy networks. Requires 12+ years in PBM/pharmacy network leadership, deep expertise in reimbursement models and negotiations, and experience across Commercial, Medicare, Medicaid.

238k – 280k/yr
Remote12+ YOEOther

About the role

Network Strategy & Contracting

  • Lead Network Strategy: Design and execute the overarching strategy for SmithRx’s national and custom pharmacy networks, ensuring alignment with our transparent business model and client needs.
  • Contract Negotiation: Lead high-level negotiations with major retail chains, PSAOs, specialty pharmacies, and mail-order partners to secure competitive reimbursement rates and favorable contract terms without relying on spread pricing.
  • Strategic Partnerships: Identify and develop innovative network programs (e.g., high-performance or narrow networks, direct-to-consumer delivery models) to drive down drug costs and improve member access.

Network Management & Operations

  • Oversee Network Performance: Monitor and manage the ongoing performance of the pharmacy network against defined SLAs, ensuring adherence to contractual terms, quality standards, and pricing accuracy.
  • Credentialing & Compliance: Direct the credentialing and re-credentialing processes, ensuring all network pharmacies comply with federal, state, and SmithRx regulatory standards.
  • Audit & Fraud Prevention: Oversee the pharmacy audit team to manage network integrity, minimize Fraud, Waste, and Abuse (FWA), and execute audit recoveries effectively.
  • Government programs readiness: Implementation of needed policies and procedures to meet CMS oversight requirements.

Cross-Functional Leadership

  • Internal Alignment: Partner closely with Sales, Customer Success, Clinical Strategy, Pricing/Underwriting, and Product teams to ensure network capabilities are accurately represented in the market and successfully integrated into our technology platforms.
  • Data & Analytics: Collaborate with data and analytics teams to monitor network profitability, utilization trends, and cost models to proactively identify areas for financial optimization.
  • Team Development: Build, mentor, and scale a high-performing team of network managers, contracting specialists, and analysts. Foster a culture of accountability, integrity, and courage.

Requirements

  • 12+ years of progressive leadership experience in pharmacy network management, pharmacy contracting, or PBM operations.
  • Experience across lines of business: Commercial, Medicare, Medicaid, Exchange.
  • Deep understanding of the PBM ecosystem, pharmacy reimbursement models (AWP, MAC, NADAC), and the operational differences between traditional and pass-through/transparent PBMs.
  • Proven track record of successfully negotiating complex, multi-million dollar contracts with major national pharmacy chains and PSAOs.
  • Demonstrated experience building, leading, and mentoring cross-functional and remote teams in a high-growth environment.
  • Strong financial and analytical skills with the ability to understand complex pricing models and translate data into actionable network strategies.
  • Bachelor’s degree in Business, Healthcare Administration, Finance, or a related field; PharmD or Master’s degree (MBA/MHA) is highly preferred.

Compensation & Benefits

  • Base Salary: $238,000—$280,000 USD (varies by zone but same range across Zone A/B/C).
  • Total Rewards: Eligible for bonuses, commissions, or equity.
  • Benefits include: Medical, Pharmacy, Dental, Vision, Life and AD&D Insurance, Flexible Spending Benefits, 401(k) Retirement Savings Program, Short-term and long-term disability, Discretionary Paid Time Off, Paid Company Holidays, Wellness Benefits, Commuter Benefits, Paid Parental Leave, Employee Assistance Program (EAP), Professional development and training opportunities.

Skills

pharmacy network managementContract Negotiationpbm operationspharmacy reimbursement modelsawpmacnadacpharmacy credentialingaudit managementfraud waste and abuse preventioncms complianceTeam LeadershipFinancial AnalysisStrategic Planning

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