Vice President, Chief Pharmacy Officer
Company: Hackensack Meridian Health
Location: Edison
Posted on: January 20, 2026
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Job Description:
At Hackensack Meridian Health we help our patients live better,
healthier lives — and we help one another to succeed. With a
culture rooted in connection and collaboration, our employees are
team members. Here, competitive benefits are just the beginning.
It’s also about how we support one another and how we show up for
our community. Together, we keep getting better - advancing our
mission to transform healthcare and serve as a leader of positive
change. The Vice President, Chief Pharmacy Officer leads strategy
and policy development for the HMH Pharmacy Enterprise to drive
cohesiveness, standardization and consistency across the HMH
network. Manages administration and performance of the Pharmacy
function, delegating appropriate responsibilities to facility and
network pharmacy leadership and network support functions.
Responsibilities A day in the life of a Vice President, Chief
Pharmacy Officer at Hackensack Meridian Health includes: Areas of
Responsibility: strategy and vision development, policies and
procedures, performance management, equipment and purchasing,
contract negotiations, people management, relationship management,
regulatory compliance and accreditation, community and industry
relations. Strategy and Vision Development • Create a cohesive
vision for the Pharmacy function (inpatient, ambulatory retail,
specialty, ambulatory and home infusion, post-acute care, research,
and Population Health Pharmacy teams) across the network, with a
focus on network-wide growth opportunities. • Set functional
objectives and establish short-term and long-range strategies for
the Pharmacy Enterprise, in collaboration with local and network
Pharmacy leaders. • Design and implement key strategic initiatives
to build and improve upon all aspects of the pharmacy revenue cycle
to include building cost-effective efficiencies in the areas of
systems integration, purchasing power, replenishment and inventory
control. • Identify community needs and novel ways to expand the
business through program development and improving customer
satisfaction. Develop new program proposals and implement
strategies to add new and expanded sources of revenue, as well as
improve savings. Develop and manage strategy for marketing and
community outreach efforts for HMH Pharmacy Services. • Create and
oversee network advisory councils of subject matter experts,
representative of the network, to drive excellence across the
network. • Ensure HMHs Pharmacy function is competitive in the
marketplace by identifying trends and competitive moves, staying
up-to-date on new research developments and specialty drugs,
bringing trends and best practices to bear for the HMH Pharmacy
function, and building sources of differentiation and the
capability to respond within HMH. • Communicate vision and strategy
to local sites and hold local and network Pharmacy leaders
accountable for its execution. • Lead relevant clinical research
initiatives across the Pharmacy function, working with the
centralized research function to ensure Pharmacy is providing
appropriate support. Policies and Procedures • Develop and revise
the Pharmacy Policy and Procedure Manual. • Develop and administer
a network-wide Formulary Management and Medication Usage Review
program in conjunction with appropriate personnel. • Proactively
identify incremental medication cost-savings initiatives through
clinical utilization and operational changes. • Oversee medication
types and volumes being maintained at different distribution sites
(including Omnicell units), and update policies as needed with
Nursing around drug distribution, in accordance with Department of
Health regulations. • Establish and maintain policies and
procedures for Pharmacy, in collaboration with local and network
Pharmacy leaders, informed by internal and external best practices.
• Establish curriculum for Pharmacy students within the HMH
network, in collaboration with school officials. • Develop a
network-wide approach to the Pharmacy patient experience, including
addressing historical barriers to client/patient satisfaction
through process improvements. Work with and incorporate insights
from facility leaders to execute plans. Develop Patient Care
policies and procedures in accordance with evidence-based medicine
and regulatory standards. • Collaborate with HMH stakeholders to
establish a network drug diversion monitoring and prevention
program. Performance Management • Establish and maintain a standard
drug formulary across the network, while accounting for any
specialized needs of specific clinical programs. • Work with
relevant clinical leaders to ensure pharmacy integration into the
appropriate care pathways, assure appropriate use of medications,
and prudent use of resources. • Execute the established
productivity measurement program for the Pharmacy function. Track,
analyze, and report relevant data and metrics as needed or
requested, and implement appropriate process improvements with
insights from facility leaders. • Develop and continually ensure
that a planned, systematic and ongoing process for monitoring,
evaluating, and improving functional operations, systems, and
services are addressed through appropriate documentation and
communication. After weighing risks and/or cost benefit analysis,
make decisions consistent with Pharmacy function needs and HMH
network philosophies and objectives. • Leverage productivity
benchmarking and monitoring tools, professional association data
and other tools to guide operational improvements. • With input
from facility leaders, determine the allocation of resources for
the Pharmacy function to each facility, based upon criteria
supported by volume and expense projections, cost/benefit analysis,
operating procedures and other relevant information. • Assist in
the development of budgets, monitor relevant key financial
indicators and performance metrics associated with pharmaceutical
spend and revenue. Equipment, Purchasing, and Contracts • Work
closely with facility leaders and central HMH purchasing to
evaluate needs and coordinate equipment and drug purchases and
upgrades, as well as establishment of service contracts with
vendors. • Develop and maintain a long-range capital plan for
Pharmacy services. • Create a process to centrally manage
pharmacy-related purchasing and service agreements to ensure
optimal network efficiencies. • Create network Drug Shortage risk
mitigation strategy to ensure patients have access to needed
medications. Regulatory compliance and accreditation • Determine
which licenses are required for each Pharmacy facility, in
accordance with relevant State and Federal regulations and ensure
pharmacies remain in good standing. • Establish Pharmacy policies,
regulations, procedures and standards in conformance with TJC,
Board of Pharmacy, DEA, licensure requirements and hospital
administrative policy. • Optimize and expand the 340B program while
ensuring regulatory compliance. Quality and Metrics • Implement
relevant changes to procedures and policies based on facility
leader input and Center of Analytics insights to improve the
Pharmacy patient experience and ensure improved patient outcomes. •
Monitor and improve metrics and outcome measures to achieve best
operational practices through the network. Work collaboratively
with site leadership on process improvement. Support achievement of
US News and World Report rankings, CMC Star Ratings, Healthgrades
and national quality, safety and experience metrics. People
Management • Together with the relevant facility and network
leaders, make decisions regarding hiring, performance evaluation,
disciplinary actions, and termination of facility and Network
Pharmacy department leaders. • Train, coach, and develop facility
and Network Pharmacy leaders, and ensure an orderly succession of
qualified talent into these roles. • Working closely with facility
and Network Pharmacy leaders, support the development of key
functional and leadership capabilities within the Pharmacy
function. • Ensure that all Pharmacy employee performance
appraisals are conducted thoroughly and objectively with
appropriate employee feedback. Ensure all appraisals are conducted
in a timely manner. Relationship Management • Collaborate and
communicate with leaders across the HMH network to ensure that
Pharmacy strategy and processes are in line with system standards
and long-term goals. Community and industry relations • Represent
HMH in community, state, and national programs/organizations
pertinent to Pharmacy and related fields. • Participate in industry
bodies to gather and bring to bear external best practices at HMH.
Qualifications Education, Knowledge, Skills and Abilities Required:
• Bachelors degree in Pharmacy, an advanced degree in Pharmacy
(PharmD or Masters of Science) or Masters in Business
Administration. • Minimum of 10 years of progressively responsible
experience in healthcare operations and hospital clinical pharmacy
management, with at least 7-8 years in a leadership role. •
Excellent financial management, delegation, and organizational
skills. • Ability to establish and measure various metrics to
assess success of the functional area. • Strong understanding of
regulatory compliance as related to the functional area. •
Knowledge of health care metrics, benchmarks, and standards that
drive and/or shape the industry. • Ability to implement and execute
a successful business transformation and subscribe to a new way of
doing business apart from historic culture. • Ability to develop a
high performing team in a matrix environment, articulate a clear
vision and lead employees through change while creating trust,
understanding and buy-in to the change among all stakeholders. •
Strong leadership presence, relationship building skills and
ability to influence, lead and direct individuals in multiple
functional areas and across all levels of employees, management and
community leaders. • Leader who is an effective, creative and
transformational problem-solver. • Strong business acumen focused
on maximizing business and financial results, including 340B
experience. • Knowledge of healthcare industry current and future
trends, in order to assess future market needs. • A market shaper
and innovator within the HMH culture. • Candidates must demonstrate
accomplishments through advancing pharmacy practice and developing
business lines. Education, Knowledge, Skills and Abilities
Preferred: • 5 years of clinical experience preferred. • Proven
competence in Microsoft Office Programs (Word, PowerPoint, Excel)
or Google Productivity Suite (Docs, Sheets, Slides). Licenses and
Certifications Required: • Current State licensure as a Registered
Pharmacist (RPh) If you feel that the above description speaks
directly to your strengths and capabilities, then please apply
today! Compensation Starting at $360,859.20 Annually HMH is
committed to pay equity and transparency for our team members. The
posted rate of pay in this job posting is a reasonable good faith
estimate of the minimum base pay for this role at the time of
posting in accordance with the New Jersey Pay Transparency Act and
does not reflect the full value of our market-competitive total
rewards package. The starting rate of pay is provided for
informational purposes only and is not a guarantee of a specific
offer. Posted hourly rates may be stated as an annual salary in the
offer and posted annual salaries may be stated as an hourly rate in
the offer, depending on the level and nature of the job duties and
credentials of the candidate. The base compensation determined at
the time of the offer may be different than the posted rate of pay
based on a number of non-discriminatory factors, including but not
limited to: • Labor Market Data: Compensation is benchmarked
against market data to ensure competitiveness. • Experience: Years
of relevant work experience. • Education and Certifications: Level
of education attained, including specialized certifications,
credentials, completed apprenticeship programs or advanced
training. • Skills: Demonstrated proficiency in relevant skills and
competencies. • Geographic Location: Cost of living and market
rates for the specific location. • Internal Equity: Compensation is
determined in a manner consistent with compensation ranges for
similar roles within the organization. • Budget and Grant Funding:
Departmental budgets and any grant funding associated with the job
position may impact the pay that can be offered.
Keywords: Hackensack Meridian Health, Newark , Vice President, Chief Pharmacy Officer, Healthcare , Edison, New Jersey
