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Pharmacy Buyer

Overview

In 2020, united in a fierce commitment to deliver the highest quality care and exceptional patient experience, Virginia Mason and CHI Franciscan Health came together as natural partners to build a new health system centered around the patient: Virginia Mason Franciscan Health. Our combined system builds upon the scale and expertise of our nearly 300 sites of care, including 11 hospitals and nearly 5,000 physicians and providers. Together, we are empowered to make an even greater impact on the health and well-being of our communities. CHI Franciscan and Virginia Mason are now united to build the future of patient-centered care across the Pacific Northwest. That means a seamlessly connected system offering quality care close to home. From basic health needs to the most complex, highly specialized care, our patients can count on us to meet their needs with convenient access to the region’s most prestigious experts and innovative treatments and technologies. While you’re busy impacting the healthcare industry, we’ll take care of you with benefits that may include health/dental/vision, FSA, matching retirement plans, paid vacation, adoption assistance, annual bonus eligibility, and more!

Responsibilities

JOB SUMMARY / PURPOSE 

Coordinates the timely and accurate inventory of medications, biotechnology products, pharmaceutical supplies, and IV solutions and supplies utilized by pharmacy personnel and maintains appropriate inventory levels necessary for effective operation of the hospitals and clinics. Coordinates the acquisition of all IV therapy solutions, tubing, and related supplies required for mixing intravenous solutions by pharmacy personnel for the inpatient and outpatient pharmacy if applicable. Supports the pharmacy Carousel purchasing database to ensure products are appropriately bar-coded. Acts as a subject matter expert and supports and answers ordering related questions from the pharmacy team and leadership. Maintains and produces all required documentation in accordance with Federal and State law. Ensures the pharmacy is ordering the most cost efficient inventory items. Maintains the cost catalog in the pharmacy operating system. 

Accountable for maintaining a clean and safe environment; orders and handles controlled substances appropriately; completes all educational modules; attends regular staff meetings; keeps abreast of departmental changes/current CSH policy and procedures and pharmacy accreditations and licensure. 

ESSENTIAL KEY JOB RESPONSIBILITIES 

  • Coordinates all pharmaceutical ordering for the Pharmacy Department through hospital pharmacy employees via non-stock requisitions and is responsible for follow-up on these items.
  • Coordinates any applicable centralized purchasing of high cost, low use or nominally priced items for maximum efficiency and savings. 
  • Procures emergency supplies involving suppliers and transportation of such merchandise. Reviews back order lists and procures merchandise from alternate vendor if necessary.
  • Minimizes need for emergency purchases through close coordination with pharmacy staff.
  • Reviews and approves orders along with the Regional Procurement Manager from other hospitals to ensure contract compliance; shares information in a timely fashion with other pharmacy employees.
  • Coordinates centralized procurement of medications that are in short supply, either through the wholesaler or direct via the manufacturer. 
  • Meets inventory turn rate goals set regionally and system-wide. 
  • Oversees all regional electronic pharmacy purchasing and troubleshoots electronic purchasing issues. 
  • Maintains the electronic database including maintenance and update of 340B issues if applicable. cts as the primary point of contact with the carousel database vendor for software updates and regulatory ordering changes. 
  • Trains and mentors the Pharmacy employees responsible for purchasing. 
  • Trains new Pharmacy employees on the Carousel system. 
  • Acts as a subject matter expert to resolve all technical electronic ordering questions.
  • Provides guidance to the Pharmacy employees in reference to recalls and to addressing the lack of availability of certain products. Checks to see if the product is in stock at other hospitals when there is a lack of availability. Sends the product to the hospital that is out of stock. Works with the individual Pharmacy employees at the sites to identify and remove recalled stock and order the replacement products. 
  • Maintains current contract files; reviews contract updates for cost savings opportunities.
  • Prepares and submits all billing documents in a timely manner to the Accounts Payable department. 
  • Compiles usage figures from the wholesaler’s computer order entry system, reports and other purchasing documents; interviews vendors, reviews and compiles information on item sources for addition of products to the Formulary when requested. 
  • Responsible for the timely reconciliation and maintenance of any loans or borrows from other locations. 
  • Unpacks, prices, and rotates the medication stock received and oversees the stocking of the pharmacy department with assigned employee. 
  • Ensures all items received are matched against department request sheet, packing list or invoice sent from wholesaler and reviews all printouts and lists for accuracy of pricing and receipt of product. 
  • Tracks specific product line purchases as requested by pharmacy managers on an ongoing basis.
  • Resolves discrepancies with wholesaler representatives. Coordinates reconciliation within one month of occurrence. 
  • Communicates with designated pharmacy personnel, buying group representatives and wholesaler representatives concerning contracting issues, product backorders, issues with rebates, etc. 
  • Checks for outdated merchandise in assigned area on a monthly basis. 
  • Deletes obsolete, recalled and/or discontinued pharmaceuticals, and returns these items to the wholesaler or the manufacturer for credit, using a reverse wholesaler service where applicable. 

Qualifications

Required Education and Experience

 

High school diploma or GED equivalent Two years of pharmacy experience required, preferred in a hospital setting

 

Required Licensure and Certifications

Registered Pharmacy Tech in the state in which the employee works

Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

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 Pharmacy Buyer, UNAVAILABLE

Are you looking to make a difference in the healthcare system while being an essential part of a well-respected team? Look no further! CHI Franciscan Health in Silverdale is currently seeking a dedicated Pharmacy Buyer to join our dynamic pharmacy team. In this role, you will be the backbone of our pharmaceuticals operations, responsible for effectively managing the inventory of medications, biotechnology products, and IV supplies. Your expertise will ensure that our pharmacy runs smoothly, meeting the healthcare needs of patients in our hospitals and clinics. You will not just be placing orders; you'll be coordinating the acquisition of all essential IV therapy solutions and maintaining accurate inventory levels necessary for operations. Your attention to detail and problem-solving skills will shine as you support our pharmacy team in maintaining optimal inventory, ensuring we always have the right products on hand. At CHI Franciscan Health, we believe in taking care of our employees as much as we do our patients. We offer a range of benefits including health, dental, and vision coverage, matching retirement plans, paid time off, and even adoption assistance. Join us in shaping the future of patient-centered care across the Pacific Northwest, all while enjoying a fulfilling career as a Pharmacy Buyer!

Frequently Asked Questions (FAQs) for Pharmacy Buyer Role at UNAVAILABLE
What are the daily responsibilities of a Pharmacy Buyer at CHI Franciscan Health?

A Pharmacy Buyer at CHI Franciscan Health has numerous responsibilities, including coordinating the inventory of medications, managing IV therapy supplies, and ensuring all purchases comply with relevant regulations. In this exciting role, you will also train and mentor pharmacy staff, oversee centralized purchasing to maximize savings, and maintain necessary documentation to uphold standards and policies.

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What qualifications do I need to become a Pharmacy Buyer at CHI Franciscan Health?

To qualify for the Pharmacy Buyer position at CHI Franciscan Health, candidates must hold a high school diploma or GED equivalent and have at least two years of pharmacy experience, ideally in a hospital setting. Additionally, being a Registered Pharmacy Tech in the state where you work is required to ensure compliance with healthcare regulations.

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How does CHI Franciscan Health support the professional growth of its Pharmacy Buyers?

At CHI Franciscan Health, we are committed to the professional development of our staff. As a Pharmacy Buyer, you will have opportunities to train new pharmacy employees, attend workshops, and participate in regular staff meetings, which will help you stay updated on industry trends. Moreover, mentoring fellow employees not only enhances your leadership skills but also contributes to the growth of our pharmacy team.

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What is the team culture like for Pharmacy Buyers at CHI Franciscan Health?

The team culture at CHI Franciscan Health is built on collaboration, respect, and a shared commitment to excellence. As a Pharmacy Buyer, you will be an integral part of a supportive pharmacy team that prioritizes open communication and teamwork. We foster an environment where your contributions are valued, and everyone works together to provide high-quality care to our patients.

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What kind of benefits can a Pharmacy Buyer expect at CHI Franciscan Health?

Pharmacy Buyers at CHI Franciscan Health can expect a comprehensive benefits package designed to promote health and well-being. This includes health, dental, and vision insurance, matching retirement plans, paid vacation, and even adoption assistance. Our commitment to employee welfare reflects our goal of creating a nurturing and encouraging work environment for our team members.

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Common Interview Questions for Pharmacy Buyer
Can you describe your experience with pharmaceutical inventory management?

To answer this question effectively, detail your previous roles where you handled inventory management, including the tools and systems you used, such as the carousel purchasing database. Highlight specific achievements, like maintaining optimal inventory levels or successfully coordinating emergency supplies.

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How do you prioritize your tasks as a Pharmacy Buyer?

Discuss your method for prioritizing tasks, like using a system of urgency and impact to determine what needs attention first. Provide examples such as how you manage orders, respond to staff queries, and prevent stock shortages, ensuring you maintain a proactive approach.

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What steps do you take to ensure compliance with pharmacy regulations?

In your response, emphasize your understanding of federal and state laws governing pharmacy practices. Discuss the importance of regular training, maintaining accurate records, and staying informed about policy updates to ensure compliance within the pharmacy operations.

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Describe a time you handled a challenging inventory issue.

Share a specific example where you faced a complex inventory challenge, such as a backorder that could disrupt services. Illustrate how you resolved it by collaborating with vendors, finding alternatives, or implementing adjustments to ordering practices, showcasing your problem-solving skills.

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How do you stay informed about pharmaceutical products and industry trends?

Talk about the resources you utilize, such as industry publications, webinars, and networking with other pharmacy professionals. Highlight your commitment to continuous learning and how this helps you remain knowledgeable about new products and changing regulations.

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How would you train a new employee on the Carousel purchasing system?

Outline your approach to training, including providing hands-on demonstrations, creating user-friendly guides, and encouraging new employees to ask questions. Emphasize the importance of patience and adaptability to cater to different learning styles.

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What do you consider when reviewing supplier contracts?

Discuss the key factors you evaluate when reviewing contracts, such as cost efficiency, compliance with regulations, and supplier reliability. Illustrate how you stay vigilant for opportunities for savings or improvements when negotiating contracts.

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How do you handle product recalls in the pharmacy?

Explain your strategy for managing recalls, including how you promptly inform your team, actively check stock for affected items, and collaborate with suppliers for replacements. Highlight your focus on patient safety and regulatory compliance.

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What methods do you use to minimize emergency purchases?

Describe how proactive planning and close coordination with pharmacy staff can minimize the need for emergency purchases. Share your strategies for maintaining appropriate stock levels and forecasting needs to prevent unexpected shortages.

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What do you think are the most important skills for a Pharmacy Buyer?

Identify essential skills such as attention to detail, strong organizational skills, and effective communication. Discuss how these skills help facilitate collaboration within the pharmacy team and ensure smooth purchasing operations.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 19, 2025

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