Business Specialist - Specialty Pharmacy - (Full-Time/Hybrid, 8-Hour Day Shifts)

1.0 FTE Full time Day - 08 Hour R2656914 Hybrid 108390011 Pharmacy OP Specialty 500P Other PALO ALTO, 875 Blake Wilbur Dr, California If you're ready to be part of our legacy of hope and innovation, we encourage you to take the first step and explore our current job openings. Your best is waiting to be discovered. Day - 08 Hour (United States of America) This is a Stanford Health Care job. A Brief Overview The Business Specialist, Specialty Pharmacy is strategic and highly motivated to lead key initiatives and operational programs within Stanford Health Care's Specialty Pharmacy department. This role is responsible for driving performance improvement, managing cross-functional initiatives, and delivering data-driven insights to optimize patient care, pharmacy operations, and compliance. The Business Specialist will serve as a key liaison across business, clinical, and technical teams, owning programs from design through execution. Locations Stanford Health Care What You Will Do Provide strategic leadership and ownership of departmental programs and initiatives aligned with enterprise goals. Lead data-driven projects, analyzing key financial and operational metrics such as budget variances, reimbursement trends, and KPIs. Support and oversee audit processes, including 340B, internal, and external audits, ensuring compliance, accuracy, and timeliness. Collaborate with pharmacy, finance, IT, and clinical teams to implement solutions that improve documentation, workflow efficiency, and service quality. Monitor program performance, identify risks and improvement areas, and develop action plans to drive accountability and innovation. Maintain and enforce departmental policies and procedures, ensuring alignment with Joint Commission standards and National Patient Safety Goals. Deliver clear, effective communication and reporting to stakeholders, including executive leadership. Foster a culture of continuous improvement, collaboration, and operational excellence. Investigate and resolve billing errors or underpayment by performing root-cause analysis and providing solutions to prevent future occurrences. Detect trends and forecast potential impact of regulatory policies on specialty pharmacy operations and finance. Contribute to the development and optimization of a robust revenue cycle. Lease with internal and external stakeholders and vendors to secure and maintain payor contracts. Education Qualifications PharmD Degree from an accredited college/university required. Experience Qualifications Minimum 5 years of experience in pharmacy required. Experience within specialty pharmacy, outpatient pharmacy, or 340B strongly preferred. Experience in healthcare analytics, revenue cycle, or program management preferred. Required Knowledge, Skills And Abilities Strong program ownership mindset with demonstrated ability to lead cross-functional initiatives. Advanced data analysis and reporting skills; Excel proficiency required. Skilled in identifying operational gaps and developing innovative, sustainable solutions. Excellent organizational, multitasking, and time management abilities in fast-paced environments. Strong verbal and written communication; able to convey complex data to diverse audiences. Collaborative, proactive, and adaptable to change. Proficiency in Microsoft Office Suite (Excel, Word, Outlook, Visio); project management tools like Asana, Smartsheet, or MS Project a plus. Licenses and Certifications RPH - Registered Pharmacist required. PMP - Project Mgmt Professional preferred. Lean Six Sigma Certification preferred. These Principles Apply To ALL Employees SHC Commitment to Providing an Exceptional Patient & Family Experience Stanford Health Care sets a high standard for delivering value and an exceptional experience for our patients and families. Candidates for employment and existing employees must adopt and execute C-I-CARE standards for all of patients, families and towards each other. C-I-CARE is the foundation of Stanford’s patient-experience and represents a framework for patient-centered interactions. Simply put, we do what it takes to enable and empower patients and families to focus on health, healing and recovery. Know Me: Anticipate my needs and status to deliver effective care. Show Me the Way: Guide and prompt my actions to arrive at better outcomes and better health. Coordinate for Me: Own the complexity of my care through coordination. Equal Opportunity Employer Stanford Health Care (SHC) strongly values diversity and is committed to equal opportunity and non-discrimination in all of its policies and practices, including the area of employment. Accordingly, SHC does not discriminate against any person on the basis of race, color, sex, sexual orientation or gender identity and/or expression, religion, age, national or ethnic origin, political beliefs, marital status, medical condition, genetic information, veteran status, or disability, or the perception of any of the above. People of all genders, members of all racial and ethnic groups, people with disabilities, and veterans are encouraged to apply. Qualified applicants with criminal convictions will be considered after an individualized assessment of the conviction and the job requirements. Base Pay Scale: Generally starting at $74.73 - $99.04 per hour #J-18808-Ljbffr Stanford Health Care