Associate Director, 340B Strategy & Innovation
About the role
The340B Drug Pricing Programhas become a critical issue impacting AbbVies business. Originally designed to help safety-net hospitals and clinics give better care to underserved communities, it has now grown exponentially and deserves a greater level of focus. Over the past few years, AbbVie has implemented important strategies and policy changes to tackle this growth, but its impact on AbbVies portfolio and the complexity of 340B-related issues now require a more dedicated, strategically resourced approach. Therefore, AbbVie has established a high-profile340B Center of Excellence (COE)that brings together a team of experts who will utilize analytics and insights to drive strategy, proactively address the growth of 340B, and create new solutions to issues identified within the program.
The340B Strategy and Innovation Associate Directorreports to the 340B Strategy and Innovation Director and is an expert in the business implications and operations of the 340B program. The Associate Director is a member of a group that monitors the external landscape to identify areas of 340B exposure and related growth drivers and helps develop near- and long-term strategies to address findings and optimize growth.
Responsibilities
- Member of a high-performing team, fostering a positive culture and ensuring high levels of cross-functional coordination and strategic/tactical planning through ongoing communications.
- Execute 340B strategies and enhancements to AbbVie policy; establish and monitor workstreams and provide leadership updates.
- Develop Good Faith Inquiry/Engagement processes and build a platform supporting incoming and outgoing inquiries.
- Partner with Legal to create anaudit-readyprocess and documentation capture.
- Investigate anomalous activity to inform 340B COE initiatives, strategies, and policies.
- Serve as the point of contact for third-party auditors.
- Scan the market for 340B growth trends and emerging tactics and recommend potential actions.
- Investigate internal 340B cases referred to the COE and work toward resolution.
- Collaborate with the 340B COE Business Operations group on initiatives and new findings.
- Monitor statutory and regulatory changes related to the 340B program and coordinate with stakeholders across the enterprise to ensure ongoing compliance.
- Work with AbbVies Pipeline Team and Business Development to provide 340B insights.
- Develop organizational 340B training and increase enterprise 340B knowledge.
- Engage with external 340B stakeholders to support340B related requests, disputes and general inquiries as it relates to Trade/Wholesale, AbbVie specific policies.
- Build strong internal relationships with key stakeholders including Legal, Government Affairs, Public Affairs, Finance, Market Access/Trade, Employer Teams, MABI, BTS, and others.
- Independently identify, troubleshoot, and resolve issues while exercising sound judgment and taking initiative with minimal oversight.
Qualifications
- Bachelors degree required; Masters degree preferred.
- Minimum of 7 years in the healthcare industry with significant 340B strategic and operational experience.
- Leadership experience and influencing cross-functional partners is essential for success.
- Experience building and executing processes.
Skills/Knowledge Required
- Ability to articulate a vision and strategy.
- Problem solving creativity and resourcefulnessto think outside the box.
- Possesses a curious and persistent mindset, comfortable in ambiguity.
- Ability to simplify the complex and identify whats is essential.
- Demonstrated ability to manage multiple projects in fast-paced, entrepreneurial environment.
- Ability to influence across functions to gain consensus on solutions.
- Excellent leadership, management and organizational skills, along with problem solving, conflict resolution and team building.
- Ability to effectively plan, prioritize, execute, follow up and anticipate problems.
- Ability to lead across multiple functions (sales, managed healthcare, trade, marketing).
Additional Information
Note: No amount of payis considered to bewages or compensation until such amount is earned, vested, anddeterminable.The amount and availability of any bonus,commission,incentive, benefits, or any other form ofcompensation and benefitsthat are allocable to a particular employeeremainsin the Company's sole andabsolutediscretion unless anduntil paid andmay bemodifiedat the Companys sole and absolute discretion, consistent withapplicable law.