1

Pbm Contracting Jobs in Virginia (NOW HIRING)

Experience facilitating across internal and vendor or contractor teams. * Strong written ... Our Principles-Based Management (PBM) compensation philosophy is grounded in an individualized ...

Pharmacy Director

Richmond, VA · On-site

$159K - $178K/yr

... Manager (PBM) model for the Virginia Medicaid enterprise. The position holds authority over ... Knowledge of and experience with value-based pharmacy arrangements, outcomes-based contracting, or ...

Scrum Master - BTP

Arlington, VA · On-site

$110K - $140K/yr

Experience facilitating across internal and vendor or contractor teams. * Strong written ... PBM ® empowers employees to be entrepreneurial, to innovate, and to continually drive ...

Experience facilitating across internal and vendor or contractor teams. * Strong written ... PBM ® empowers employees to be entrepreneurial, to innovate, and to continually drive ...

Pbm Contracting information

What is the difference between Pbm Contracting vs Pbm Electrician?

AspectPbm ContractingPbm Electrician
CredentialsGeneral contracting license, safety certificationsElectrical license, journeyman or master electrician certification
Work EnvironmentConstruction sites, project managementElectrical installations, maintenance, troubleshooting
Employer & IndustryConstruction companies, general contracting firmsElectrical contractors, industrial and commercial facilities

While Pbm Contracting oversees entire construction projects, Pbm Electrician specializes in electrical systems installation and repair. Both roles require safety certifications, but Pbm Electrician focuses specifically on electrical work, often within the broader scope of Pbm Contracting projects.

What is PBM contracting?

PBM contracting refers to the agreements made between Pharmacy Benefit Managers (PBMs) and other entities, such as pharmacies, drug manufacturers, or health plans. These contracts determine how prescription drug benefits are managed, including drug pricing, reimbursement rates, formulary management, and rebate arrangements. PBM contracting plays a crucial role in controlling drug costs and ensuring access to medications for patients. Understanding these contracts is important for healthcare providers, pharmacies, and insurers to optimize drug benefit management and costs.

What are some common challenges faced by professionals working in PBM Contracting, and how can they be addressed?

Professionals in PBM (Pharmacy Benefit Management) Contracting often encounter challenges such as navigating complex negotiations with pharmaceutical manufacturers and health plan clients, staying current with evolving regulations, and balancing cost containment with maintaining access to quality medications. Success in this role requires strong analytical and communication skills, as well as a collaborative approach to working with legal, clinical, and sales teams. Staying proactive in monitoring industry trends and participating in ongoing training can help address these challenges and ensure effective contract management.

What is the best PBM to work for?

As a PBM (Pharmacy Benefit Manager) employee, the best companies to work for are often those with strong industry reputations, competitive benefits, and opportunities for career growth. Major PBMs like CVS Caremark, Express Scripts, and OptumRx are known for their large scale and comprehensive employee programs. Factors such as company culture, job role, and location also influence the best fit for individual preferences.

What are the key skills and qualifications needed to thrive as a PBM Contracting Specialist, and why are they important?

To thrive as a PBM (Pharmacy Benefit Manager) Contracting Specialist, you need a strong background in contract negotiation, healthcare regulations, and pharmacy benefit management, typically supported by a degree in business, pharmacy, or healthcare administration. Familiarity with contract management software, PBM platforms, and knowledge of Medicare/Medicaid regulations is essential. Exceptional attention to detail, strong communication, and analytical thinking are crucial soft skills for success in this role. These skills ensure contracts are negotiated effectively, compliance is maintained, and mutually beneficial relationships are fostered between PBMs and clients.

What is a PBM contract?

A PBM contract is an agreement between a pharmacy benefit manager (PBM) and a client, such as an employer or insurer, outlining the terms for managing prescription drug benefits. It specifies services like formulary management, drug pricing, and claims processing, often requiring knowledge of healthcare regulations and pharmacy operations. For those in PBM contracting roles, understanding healthcare policies and contract negotiation is essential.

How much does PBM make a month?

As a Pbm Contracting employee, monthly earnings vary based on the role, experience, and location. Typically, contractors or workers in this field can earn from a few thousand to several thousand dollars per month, depending on the scope of work and hours worked. Accurate salary information should be obtained from specific job postings or company sources.

Who are the big 3 PBMs?

The three largest pharmacy benefit managers (PBMs) are CVS Caremark, Express Scripts, and OptumRx. These companies manage prescription drug benefits for many health plans and employers, often influencing drug pricing and formulary management. PBM roles typically involve negotiating with drug manufacturers and pharmacies to control costs.
What job categories do people searching Pbm Contracting jobs in Virginia look for? The top searched job categories for Pbm Contracting jobs in Virginia are:
What cities in Virginia are hiring for Pbm Contracting jobs? Cities in Virginia with the most Pbm Contracting job openings:
Lead PBM Network Analyst/Management

Lead PBM Network Analyst/Management

3B Staffing LLC

Reston, VA • Remote

Full-time

This job post has expired today. Applications are no longer accepted.


Job description

Lead PBM Network Analyst/Management Location: 100% remote, approved states only. DC, MD, VA, WV, NC, PA, DE, NY, NJ, TX, FL. Qty: 1 8+ years of systems/technical analysis experience with expertise in pharmacy network performance monitoring, provider relationship management, data-driven decision making, operational optimization, and cross-functional collaboration in a healthcare/PBM environment. - 100% remote, CTH, approved states only. Might have to come onsite from time to time for meetings. Nothing specific scheduled. - USC or GC only, MUST be convertible! - No specific PBM is required, any is fine - PBM are the walgreens, CVS pharmacy companies of the world. - They only wants candidate on the payor side, not the pharmacy side - Transforming the mindset of how to spend PBM. As they transform their pharmacy cost line, it starts with developing a supply chain/Avenue to get to the lowest cost price for drugs (under rebats, GPO-s for best rates, network discounts, etc-). - Lead Technical Analyst - contracting with a lot of different entities/networks. Looking for someone to take the contract, with all these different entities, and managing these networks (performance metrics, re-contracting with business/regulatory requirements) - Knowledge of Pharmacy networks (retail, mail, and specialty) and measure SLA-s with each vendor to ensrue SLA-s are met within the contract. Title Lead PBM Network Analyst/Management Number of Openings 1 Employment Type Contract Contract Length 6-12 month T2P Job Title: Lead PBM Network Analyst/Management (Oversight of networks including specialty). This role supports the oversight and optimization of pharmacy network operations. Responsibilities include: - Monitor key performance metrics such as claims volume, turnaround times, network adequacy, and member satisfaction. - Support credentialing, re-contracting, and termination processes across all network pharmacy providers. - Ensure alignment of network operations with contractual, regulatory, and service-level standards. - Coordinate with internal stakeholders to address network performance concerns and ensure resolution. PURPOSE: Delivers critical and emerging systems and data analysis and implements tools and technology for the whole enterprise. Design, and deliver management systems. Build, manage, and sustain critical systems, business and data analysis techniques, methods, tools, and processes. Owns data collection capabilities through collaboration with internal and external teams. Leads cross-departmental, and cross-functional team members. ESSENTIAL FUNCTIONS: 25% Performs complex system analyses on software programs, applications, and services. 20% Leads product and service evaluation and recommends new tools or platforms for user efficiency. 20% Leads the implementation of new technology for organizational efficiency. 15% Communicates directly with all stake holders including executive management. 10% Improves data collection capabilities through collaboration with organizational teams. 10% Manages product licenses and ensures compliance with IT industry regulations. Provides the organization with cost saving analysis. Required Skills - Experience: 8 years relevant systems/technical analysis - Education Level: Bachelor's Degree - In lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience. Top 5 Mandatory Skills: 1. Network performance analysis - Monitoring access, disruptions, trends, and service quality. 2. Provider relationship management - Engaging with pharmacy networks and resolving escalations. 3. Data-driven decision making - Using performance data to guide contracting, retention, and outreach. 4. Operational optimization - Driving improvements in network access, satisfaction, and cost efficiency. 5. Cross-functional collaboration - Coordinating with stakeholders across business, operations, and regulatory teams.