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Product Manager - Program Health

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

About The Team

The Hub Solutions Program Health team at CoverMyMeds is seeking a Product Manager to assist in our Specialty Hub program offerings. Our team is a committed group of problem solvers dedicated to enhancing patient journeys, achieving operational excellence, and maintaining client relationships. By collaborating with various business units, our efforts ultimately ensure the value of our product.

What You'll Do

  • As a Product Manager, your daily to-dos will shift with business needs, but here’s a snapshot of what to expect:
    • Synthesizes data and makes proactive recommendations regarding product direction based on industry, customer feedback, profitability, and market research performed
    • Carries out varying P&L exercises including providing guardrails on pricing, renewal reviews, and recommendations on feature enhancements; connect product strategies with financial goals and analyze financial performance
    • Partners with Product Development, Account Management, Commercial and Operations teams to identify value proposition and properly position products in the marketplace
    • In collaboration with cross-functional teams, makes recommendations to assess product needs and implements solutions (driving for impact) within their area of responsibility and priority
    • Engage stakeholders to foster diverse perspectives and effective communication; align on strategies and execute them collaboratively
    • Defines and communicates the “why” of product direction, recommendations, and business need to the broader team and encourages engagement and creativity across the team, understanding when to take action, engage, and adjust
    • Engages in customer co-innovation opportunities to make MVP product recommendations, upgrades for specific clients, or changes to platform offerings for vaster impact
    • Prioritizes within own responsibility set when there are conflicting Product Management initiatives and raises conflicts to and participates in the de-conflicting process with leaders
    • Consults with the legal/compliance teams to ensure features and product direction are legal and compliant

Skills You’ll Need

  • Bachelor's degree BA/BS required or equivalent experience. Typically requires 4+ years of relevant experience.
  • Product Management experience or familiarity with technical product development methodologies (e.g., Agile)
  • Healthcare experience, preferably Biopharma and/or Payer expertise

Preferred Skills

  • Market Dynamics: Understanding the forces that affect the market, such as supply and demand, needs for patient assistance program growth, competition, differentiation and regulatory changes. Being aware of the competitors, partners, acquisition targets; their products, strengths, weaknesses, and strategies.
  • Product knowledge: Gaining a comprehensive understanding of product offerings with the hub solutions arena, including their vision, features, functionalities, value propositions, and how products interrelate/compete.
  • Strategy alignment & Execution: Building cooperative strategic alignment, effective decision making, and joint commitment to achieving our strategies.
  • Stakeholder engagement: Involve engage, and influence stakeholders from diverse teams and disciplines to foster alternative perspectives and explore unconventional solutions that results in an effective debate, decide, commit communication.
  • Derive value from insights: Identify and prioritize the most valuable and actionable insights, data and feedback from stakeholders.
  • Prioritization: Debate, Decide, and Commit to determine the sequence and importance of tasks, features, or initiatives based on their relative value, impact, and urgency. 
  • Design thinking methodology: A human-centered problem-solving approach that involves empathizing with users such as patients/providers/pharmas/pharmacy, defining their needs, ideating creative solutions, prototyping and testing, and iterating based on research.
  • Value proposition: The ability to define and articulate the provable value for our users and biopharma partners.
  • Financial strategy: Connecting financial goals with broader business objectives and align product strategies with financial targets. The ability to analyze financial data and metrics to assess the financial performance and profitability of products.

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.

Our Base Pay Range for this position

$91,500 - $152,500

McKesson is an Equal Opportunity Employer

 

McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

 

Join us at McKesson!

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Average salary estimate

$122000 / YEARLY (est.)
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$91500K
$152500K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Product Manager - Program Health, McKesson

As a Product Manager - Program Health at McKesson, based in Columbus, OH, you will find yourself at the forefront of healthcare innovation, striving to make a meaningful impact. At McKesson, we are dedicated to enhancing the quality of care and accessibility for all, and we believe that what you do here truly matters. You will be an integral part of our Hub Solutions Program Health team, collaborating closely with cross-functional groups to drive product strategies based on customer feedback and market trends. Your role will shift dynamically, enabling you to synthesize data and make proactive recommendations on product directions, ensuring alignment with our financial goals. You’ll leverage your expertise in product management, preferably within the healthcare landscape, to engage in customer co-innovation, align stakeholder perspectives, and assess product needs effectively. Prioritizing initiatives and making recommendations for enhancements based on market dynamics will be key to your success. At McKesson, we care about your growth and well-being, fostering a collaborative culture where new ideas thrive. If you are ready to contribute to shaping the future of health, we can't wait to hear from you!

Frequently Asked Questions (FAQs) for Product Manager - Program Health Role at McKesson
What are the key responsibilities of a Product Manager - Program Health at McKesson?

The Product Manager - Program Health at McKesson is responsible for synthesizing data to inform product direction, conducting P&L exercises, collaborating with various teams for effective product positioning, engaging in stakeholder communication, and actively participating in co-innovation opportunities. You will be addressing critical business needs while ensuring product compliance, thereby driving significant impact.

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What qualifications do I need to apply for the Product Manager - Program Health position at McKesson?

To apply for the Product Manager - Program Health role at McKesson, you will need a Bachelor's degree and typically 4+ years of relevant experience in product management or technical product development methodologies, particularly within healthcare or biopharmaceuticals. Familiarity with Agile methodologies is also preferred.

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How does McKesson support its Product Managers in executing their responsibilities?

McKesson supports its Product Managers through a collaborative culture, providing ample opportunities for cross-functional engagement with teams in Product Development, Commercial Operations, and Account Management. This collaboration is integral to ensuring effective product strategies and execution aligned with industry dynamics and customer needs.

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What kind of professional growth opportunities can I expect as a Product Manager - Program Health at McKesson?

As a Product Manager - Program Health at McKesson, you will benefit from a culture that encourages personal development and idea sharing. You will have access to resources and mentorship that help enhance your skills in product strategy, stakeholder engagement, and market analysis, empowering you to grow your career in the vital healthcare sector.

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What is the importance of stakeholder engagement for a Product Manager - Program Health at McKesson?

Stakeholder engagement is crucial for a Product Manager - Program Health at McKesson, as it fosters diverse perspectives and leads to better decision-making. Engaging stakeholders from various teams ensures all voices are heard, enabling the product team to create solutions that effectively meet market demands and enhance patient journeys.

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Common Interview Questions for Product Manager - Program Health
Can you describe your approach to synthesizing data for product recommendations as a Product Manager?

When synthesizing data for product recommendations, I prioritize collating insights from various sources, including customer feedback, market research, and profitability analyses. I utilize analytics tools to identify trends and refine our product strategy, ensuring it aligns with both industry standards and customer expectations.

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How will you ensure that product strategies align with financial goals at McKesson?

I believe in integrating financial metrics within our product management processes. By collaborating closely with finance teams, I will monitor the financial performance of our products and adjust strategies based on insights derived from comprehensive P&L exercises. This ensures that our initiatives drive profitability while delivering value.

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What experience do you have with Agile methodologies in product management?

I have extensive experience implementing Agile methodologies in product management, enabling fast-paced iterations and fostering collaboration among cross-functional teams. By utilizing sprints and continuous feedback loops, I have effectively adapted product developments to better meet customer needs and market changes.

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How do you prioritize conflicting Product Management initiatives?

When faced with conflicting Product Management initiatives, I focus on a structured prioritization process, prioritizing based on potential value, impact, and urgency. Engaging my team and stakeholders in this discussion helps ensure that we are aligned on priorities, and it often leads to innovative solutions and compromises.

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Describe a time when you engaged stakeholders to foster collaboration on a product's direction.

In my previous role, I facilitated a series of workshops with stakeholders across multiple disciplines to gather insights on our product's performance. This engagement led to rich discussions that generated creative solutions and ultimately aligned everyone on the product direction, enhancing our implementation strategy significantly.

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How do you handle customer feedback to co-innovate products?

I believe that customer feedback is invaluable in guiding product development. I aim to create platforms for customers to share their insights, whether through surveys or direct discussions, which I analyze to identify opportunities for co-innovation. This approach not only fosters trust but also drives product relevance in the market.

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What strategies do you use to understand market dynamics in healthcare?

To understand market dynamics, I regularly review industry reports, analyze competitor activities, and follow regulatory developments in healthcare. I also engage with healthcare professionals to stay informed on their challenges and needs, ensuring that our product offerings remain competitive and valuable.

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What is your process for defining the value proposition of a product?

Defining a product's value proposition involves understanding the unique benefits it provides to different user segments. I conduct market research and user interviews to identify pain points and how our product addresses them, ultimately articulating a clear and compelling value proposition that resonates with our target audience.

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How do you ensure compliance during product development?

To ensure compliance in product development, I integrate legal and compliance considerations from the outset of the process. Working closely with compliance teams, I engage in regular reviews and assessments, ensuring that all features adhere to current regulations and standards within the healthcare sector.

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What role does financial strategy play in your product management approach?

Financial strategy plays a pivotal role in my product management approach. I ensure that product directions align with financial targets and operational budgets. By analyzing financial performance and profitability regularly, I aim to adjust strategies that are not only innovative but also financially sustainable.

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Together with our customers and partners, we are creating a sustainable future for health care. And working to improve patient care in every setting — one product, one partner, one patient at a time.

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Full-time, on-site
DATE POSTED
April 15, 2025

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